All Concepts
Volume
Volume confirms or denies the validity of price action signals.
What it is
- •Volume confirms or denies the validity of price action signals.
How Candle Whisperer uses it
- •Volume is evaluated as part of the NO_TRADE decision framework.
- •Related conditions: VOLUME_CONFIRMATION, LOW_VOLUME
- •Often evaluated together with Regime and Trend.
Doctrine Rules
- •Patterns without volume confirmation are suspect
- •Volume spike at key level increases reversal probability
- •Declining volume in trend suggests exhaustion
Common Mistakes
- •Underestimating the importance of volume in trade decisions.
Quick Checks
- •Check: Patterns without volume confirmation are suspect
- •Check: Volume spike at key level increases reversal probability
- •Check: Declining volume in trend suggests exhaustion
Related Concepts
Educational only. This is training material, not financial advice or trading signals.
Linked from tags: VOLUME_CONFIRMATION, LOW_VOLUME