A trader explains a volume-based setup: the market sits still above support, then breaks below with an explosive volume spike. Enter at the close of the candle that retests that broken support. He claims this pattern works the same way across all markets and timeframes.
I used to lose money so consistently I thought the market had my name on a hit list. Turns out it did, and every trader who doesn't understand volume is also on that list. Here's how you get off of it. Right above support, before anything happens, the market goes still. Price stops trending. It starts bouncing around in the same tight area, back and forth, back and forth. To most people, that's nothing. To me, it's everything. Because that stillness isn't the market resting. That's the market filling up. Then it moves. Price pushes below that support. And in that exact moment, we need to check volume because if it exploded on that candle, the market just told us something critical. Everyone who bet against that break is now on the wrong side of the market of a move that has no intention of stopping. And this is where we come in with our setup. Price goes back to test that level, that close is the entry point. Not before it, not after it, right there in that moment. This setup works across all markets the exact same way every single time.
