Glossary/ Charts
Charts
Volume
How many units traded in a period. Read underneath price, it says how much participation was behind a move.
Where this comes up
Lessons that use the term in context, which is usually more useful than the definition on its own.
- Support and resistance, defined properly — Where levels come from, and why most people draw them wrong.
- Volume behind the move — Participation, read underneath price.
- Range compression — What narrowing ranges say, and what they do not say.
- The failed breakout — Closes, not wicks — and the difference between a poke and a break.
Nearby terms
Candle · Compression · Flip · Gap · Level · Moving average