Disliked{quote} The second diagram, to me imho, is pure Wyckoff Theory, which I understand totally. Volume I can see visually on the chart using PA and market timing ( expectation ).Ignored
It's easy to get caught up in the minutia ...One really needs to step back and look at the bigger picture
and I mean this on a fractal basis...whether our scalping a 15sec chart trading a 1m 5m or 15m etc.
Are we Balanced or are we Imbalanced ? and know that price will just continually move from one to the other.
How we identify and trade these moves...now thats for another day lol !!
One really doesnt need any of this volume jazz to trade successfully,,,,but I do believe it can give a leg up.
It may go as far as certain personalities need the extra conviction..where others simply dont i.e. Driven
Many ways to trade and I dont profess orderflow etc is the be all to end all. It's simply what works for the individual.
Master your Mind,,,Master the Market
1
3