Geoff Bysshe has been using volume analysis to find the best trading opportunities for 20 years. His experience as a floor trader, hedge fund manager, independent equity trader, and co-founder of MarketGauge, has taught him to make volume a focus in his trading.
I asked Geoff to put together a video presentation for us touching on what he calls “Volume Shortcuts” in which he demonstrates a whole new perspective on finding and defining trading opportunities. He explains…
Most traders look for price patterns to define trading opportunities. More experienced traders will add volume analysis to their patterns to enhance the quality of the trade set-up.
This process generally involves finding price action that meets certain criteria and then looking for the volume to “confirm” the price pattern. This is a time tested method of trading, but…
It is incredibly powerful to do the reverse – let volume patterns define your trading opportunities.
Watch this video to see what he means. It's 100% free and packs a TON of info into 13 minutes.
Enjoy the video and please comment below with your thoughts or opinions.
I love it when someone presents a new way of analyzing stocks that is both practical and effective.
I'm working on building a custom stock screen to help find skyscraper breakouts. I'll post my findings on my blog.
Thank you, Jeff. Clear, concise, practical information--an excellent reminder of actionable principles we can trade with reliably.
I like the idea of seeing supply/demand via volume, I take it that one could apply this across different time frames?
Inasmuch as volume equals validity, this could be a true confirmation of resistance/support levels.
Makes it easier to plan possible entry and exit points.
Thanks for the heads up Jeff, I will try it.
Extremely well thought out and presented. Information packed,
but easy to understand. Made a believer out of me.