“These go to eleven!”
Financial transaction volumes - amplified in some areas, turned down in others
“These go to eleven!” Nigel Tufnell
The volume of transactions (velocity) is usually better than price level as a measure the health of a market. Velocity is hard to fake. In contrast, price level may be ‘spoofed’ for a surprisingly long time. Transaction volumes can also function as a gauge of overall allocation of system liquidity. Any market which suf…
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