Volume = Tradeability
Last updated
Last updated
The RIGD system calculates volume using the 14-day average of institutional option flow.
Volume is used as an indicator for Wall Street's participation in the option market.
We want to trade aggressively when Wall Street is active in the options market (high volume) and go small or touch grass when Wall Street is not trading options (low volume).
High Volume:
options market controls the price
easy to trade and return 100%+
trend day or perfect tags
switch if wrong and win
lots of option alerts (10+)
price action will follow the rules
The average max gain for BULLS on SPY, QQQ and IWM is over 100%.
Price basically goes straight up from 11:00 on. If you were in BEARS and switched to BULLS you made a lot of money.
It doesn't get better or easier to trade than this.
Low Volume:
robot algorithms in total control of price
price action will be terrorism designed to liquidate traders on both sides
blue line will act like a magnet attracting price
can be extremely difficult to win trades
