Just thinking how many chartists overlook volume when doing their analysis (just adding to the thread - not replying directly to mitta3).
IGR is a favourite so I'll comment on it's chart - I've stripped off all the good stuff for clarity ( Andrews and Fib. etc) but I've left the RSI as an indication - slow and fast stochs all give an overbought signal so I've left them off as well, MACD is creeping up from negative territory so that's good -- just wanted to concentrate on the candle and volume.
The point I guess is how many times does a candle pattern exhibit a turning point in a chart, esp. when you marry some volume data into it.? Lots.
Just thinking how many chartists overlook volume when doing...
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