Short monologue advising traders to prioritize price action and transaction volume over traditional indicators because indicators lag. The speaker recommends using price and volume to build trading strategies and playbooks, identify price imbalances and market strength, and avoid cluttering charts with unnecessary indicators.
So no matter what happens in the market, the indicator or majority of the indicators will always be behind. And the two things that will be ahead is price action and essentially volume of the transactions that is happening in the marketplace. And use these two things to build your trading strategies. Build this to build your playbooks. Use this to build a strong understanding of markets, strong understanding of why the markets are going up. Where are we seeing an imbalance in price where are we seeing an imbalance of strength in the overall market? And that will help you understand everything on a much deeper level instead of, you know, clogging your charts up with useless data.
