I'm also using volume for analysis but it's not volume from trading tool of brokers. I'm using Short volume and Long volume to analysis, sometime I'm focus to Short position and Long position to decide enter or exit my position. I don't focus on price.
Could you explain exactly why did you short CADJPY? I was looking for long opportunities on this pair today because the trend was up (im using 20 sma).. I entered long at the "no supply" (picture below) and it obviously turned into a losing trade.
Since your trade system is based on trend I think you must had a very good reason to short this pair (the dashboard was pointing up for cad and down for jpy for example if I understood right) so I missed something I think..
maybe its the SMA20 that im using for trend (idk what are you using for trend on this dashboard) or the daily resistance that we had in the background (however I tend to not see support/resistance in the same way at forex since the trend is so strong that price can just through the lines)
