hey, sorry, holidays went out of control, but finally getting back to work :) to a large extent yes, volumes play a core role in my analysis and helps me to identify ranges and zones of potential resistance/levels. Of course everything is in a context of longer and shorter term periods, weak/ strong lows and highs etc. Similar to value profile analysis, but adapted to volumes. During the day I'm also following DOM to see how price behaves in high/low volume areas to indicate general mood of the market.
hey, sorry, holidays went out of control, but finally getting back to work :) to a large extent yes, volumes play a core role in my analysis and helps me to identify ranges and zones of potential resistance/levels. Of course everything is in a context of longer and shorter term periods, weak/ strong lows and highs etc. Similar to value profile analysis, but adapted to volumes. During the day I'm also following DOM to see how price behaves in high/low volume areas to indicate general mood of the market.