OBV Question: trade2much (or anyone else)...
When you have a spare moment, or when going through one of your charts and it pops out at you, could you please post an instance of how you use On Balance Volume as a buy/sell indicator (or as a confirmation along with other indicators).
Do you use it mostly when it signals a divergence or when it signals support of the trend's direction, or something else?
What works for me so far is support/resistance levels and then RSI, Full Stoch, and MACD. I am trying to learn the other indicators as well. (I can go back through of few of your recent chart posts, but was wondering if there's a "lightbulb over the head" signal that it gives that I'm unaware about).
Thank you. Best of luck.
These thoughts are just mine, not right, not wrong, just thoughts. Invest in what you believe in, not what I believe in. Do your research, and invest in the facts.