It is very confusing Sometimes volume goes up price goes up but sometimes it goes down or stays the same Sometimes colume goes down price goes up or it doesnt Maybe it goes up maybe down i donno this makes no sense to me how those two supposed to work Like this picture of dpw just now. increased buying volume? Price goes down I dont get it Then other times i see no change in volume and price is allover the place
I'm sure it's been studied to death by data scientists.. A simple man like me can't use it for predicting..
Join the club. My advice is to spend your time on trading research in other quarters than volume, unless you are in contact with a user of volume who is willing to school you specifically on how it do what it do. Bigalow doesn't use it. https://stephenbigalow.com/bigalows-blog/ O'Brien uses it. O'Brien can be seen weekdays at tfnn.com And takes phone calls live daily. Call his ass up and axe eem.
Price and volume are are cointegrated. It means they generally move in the same direction. Price is more efficient around average volumes. There’s no lead-lag relationship. Big changes in volume typically are driven by new information about the stock, industry, or market.