Is there anyone who uses volume as THE crucial element when looking at trends (for example: classically, ascending triangle patterns have falling volumes and then a spike in volume when the price breaks through the resistance level- can be similar for symmetrical triangles).
I was looking through the marketmad (tipsheet) sales pitch and the guy there stresses the importance of volume as being the key. Also, heard that HM Gartley was a pioneer in volume work (see book list at www.ataa.com.au)- anyone read his books?
Any views? Do you think volume is not given enough attention when we get carried away with prices alone? With tightly held stocks, for eg, it's sometimes hard to use volumes accurately to confirm trends.