I thought this could be a good topic for discussion and one where chart examples abound.
I personally find extremely low volume in a normally traded (Other than a thinly traded penny) more important and a better signal to the trader than extreme volume.
reaction to tests of both high and lows in close proximity are also great guides.
Having traded VSA now for over 3 yrs I find it extremely important in my day to day management of my discretionary trading.
Anyway interested in how other approach and use volume and even range in their trading.
I'll show some of my own usage as time goes on with the topic.