Volume is a just a way of looking at charts in unnecessarily sophisticated way.
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Disliked{quote} What do you mean by unnecessary? that's a very big statement to make, without going in dept.Ignored
Disliked{quote} -Main concept: It basically comes down to understand what (kind) of information really matters. -Unnecessary: One doesn't really need to put volume indicator to tell what the (relative) volume is, but exact volume is of little importance. There are concepts like ''weakness'' ''hidden potential selling'' and then "volume gurus" would point at volume indicator showing some extreme reading. I find it funny, because the same thing can be seen just by looking at candlesticks/bars. Volume analysis (just like many other analysis and indicators)...Ignored