Hi friends
cheers
ford
HTML:
It is often said
Buy if volumes are high at a price level and if price stays long time there.
Sell if volumes are high and if price stays too long at a price level
Pity in the city
is Volume does not really help at
high power support or resistance areas.
Due to iceberg orders for selling or buying,price runs
away from the levels very fast-
no time for volumes-
Price simply cannot stay there for long.
see chart.
cheers
ford