Chuck Hughes: Using Volume to Confirm Price Trend

Volume is a valuable trading tool that can be used to confirm the price trend of a stock or ETF. Prices do not move without buyers and sellers. Volume flow precedes price and is the key to measuring the validity and sustainability of a price trend.

Confirmed Up Trend
* Stock price is trending up
* Volume is increasing on days a stock closes up
* Volume is decreasing on days a stock closes down

Confirmed Down Trend
* Stock price is trending down
* Volume is decreasing on days a stock closes up
* Volume is increasing on days a stock closes down

Learn how volume can help you trade with the trend and find the trades with the best profit opportunities.

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  Education

[Joe T]

I have studied Tom Williams VSA and like the theory but have never seemed to make it aid my trading. I prefer to stick with pure price action entries using the pipdaq setups with bollinger bands and that suits my trading style much better.

[xxxzzzxxx227]

hahahahah... Q an A..