Originally Posted by mSanjay

Can I multiply both and compare to decide if its strong or weak ?

Its been already done, go through Karthik sir's thread in price volume analysis section, also search by keyword 'volume spread analysis'
Best luck

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Supply / Demand related to price..

Originally Posted by novicetrader

Supply / Demand related to price..

no, its related to deliverable volume

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Originally Posted by alex

no, its related to deliverable volume

I still think its related to price and time

Originally Posted by novicetrader

I still think its related to price and time

there is always indirect relation, i suggested direct relation and in market indirect relations and direct relation weigh equal

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You want to be yourself, idiosyncratic; the collective (school, rules, jobs) wants you generic to the point of castration - Nassim Nicholas Taleb

Any contention on this? :-

Demand > Supply => Price Up
Demand < Supply => Price Down

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Originally Posted by alex

there is always indirect relation, i suggested direct relation and in market indirect relations and direct relation weigh equal

deliverable volume is a ratio,you are absolutely right,no contention in that,
but my mistake, i should have posted it as supply and demand not as supply/demand.....miscommunication
so IMO volume leads price....

Price cannot be both the cause AND the effect IMHO

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The past is a bucket of ashes if it says nothing about the future

Originally Posted by kkseal

Any contention on this? :- Demand > Supply => Price Up Demand < Supply => Price Down

Time is important dimension in above ratio, price will move down despite higher demand because of fear factor/liquidity etc and after SOME TIME they will catch the inventory and start reversing up, but when it will happen is very critical question, during that time equation may look like -
Demand > supply = Price down

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You want to be yourself, idiosyncratic; the collective (school, rules, jobs) wants you generic to the point of castration - Nassim Nicholas Taleb

yes if you look into accumulation and distribution pattern,one can know how with time the pros mark down or up the price.