We may ask ourselves three questions:
1. Is Volume still relevant today?
2. Is it relevant to the market I trade?
3. Can it be applied to all trading and investing strategies?
Let me try to answer the first if I can with an extract from Stocks and Commodities magazine. The following quote was by David Penn, a staff writer at the time for the magazine, who...
in this image big trend is weekly chart and small trend is daily chart.
I mean if market is under short range in weekly chart, we should find some short chances in daily chart.