Disliked{quote} Hi BWilliams I don't trade BTCUSD or have the data feeds set up on my platform at present so its hard for me to comment on that chart. But to answer your question on volume, we are dealing with the relationship of aggressive market orders feeding off passive limit orders. The volume which is executed aggressive market orders is exact and clear. Limit orders however are hidden behind a thousand mirrors so this is the X factor. Volume isn't always useful to determine pullback points because of the X factor but can be very exact in determining...Ignored
In any case if you study my naked chart you may get the idea how I think your volume strategy may play a role in risk management as a confluence confirmation. As in this case right now in the pic which is high risk of failure, low cost with stop at the swing high but high reward as well. Ofc I do have my math based method of defining the entry.
Response to ryuryu -
I have written to you earlier that it's best you do not respond to my posts. I have zero intention to communicate with you.
As to your complain about my chart, isn't it obvious to you I posted a naked chart ? I must be a fool to post the algo math chart.
Trade the value
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