Lesson / WY-02-09
Absolute volume is the raw value reported by a source, stating how many units traded during a period. Price-volume analysis more often uses relative volume: whether current activity is above, below, or near normal under consistent coverage, units, session, and aggregation. Relative comparison does not remove flaws in the underlying data.
Course content is for learning and research only. It is not investment advice.
Read the Chapter ↗Timestamps
7 lessons · Chapter contents
01Volume, Turnover Value, Trade Count, and Open Interest↗02Actual Trade Records, Tick Volume, and Data Coverage↗03Absolute and Relative Volume↗04Baselines: Previous Averages, Adjacent Swings, and Matching Session Periods↗05Recording Expanding, Contracting, and Abnormal Volume↗06Combining Volume with Price, Location, and Subsequent Behavior↗07Data Anomalies, Contract Rolls, and Other Checks↗Observe the market: start with context and place price within its structure.
Understand structure: compare supply and demand, and let evidence support or revise your hypothesis.
Form a view: define risk limits and know when to reassess.
No matching captions.
A Fresh Look at a Single Candlestick
From Single Candlesticks to Swing Comparisons
