Investing With Volume Analysis
Author: Buff Pelz Dormeier
RRP $49.95 Trader Dealer price $39.95
For all those traders who use volume as a tool in their trading analysis, then this is a must.
Clearly written by an expert in the field, this book looks at the basics of volume analysis and the pure volume indicators. It quickly moves into some more sophisticated aspects of volume analysis, including oscillators and indicators that are specifically relevant to volume analysis in patterns and trends.
Short term traders are not forgotten as Buff explains intraday volume accumulation oscillators.
Volume is a necessary tool in determining investors’ or traders conviction about prices and this book explains how to interpret these signals to recognise upcoming price reversals.
I was particularly pleased to read the chapter on the Volume Price Confirmation Indicator, because as with all traders using whatever system they have developed, confirmation is necessary before taking a position.
It is also pleasing to see the chapter on risk, because even though the reader may have read it all before, it reconfirms and highlights just how important this is.
The book finishes off with a chapter on modern day volume – yes things can and do change and it is great to see these changes noted.
This book gets my tick of approval.
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