Okay, so I’m trying to learn the VSA trading method. At the moment for me to understand perfectly, this question needs to be answered.
That is clear, when the price is falling but smart money starts to buy, then the tick volume starts to increase, because they are putting in more and more orders, to reverse the price to bullish.
And when the price reached the wanted level and smart money starts to close their orders, this can be seen in very low volume, because they finished putting in serious money and closing their orders, and only the herd tries to buy some more at the top.
The inverse of this phenomenon is what I don’t understand, because selling is technically a promise that I’m going to buy that amount in the future, right? But I’m not owning anything unlike when I’m buying. So can these promises be seen in tick volume?
Hopefully I could describe my question well, thanks for the answer.