Yeah, initially I watched OM's youtube explanations of his process and though they were too high level. He doesn't explain the theory behind his process. I'm reading a book that explains what I believe is his methodology though: https://www.amazon.com/gp/product/B00DGA8LZC/ref=kinw_myk_ro_title
It explains volume price analysis and touches on volume at price later in the book. VPA is basically how to interpret candles and constantly repeats how important looking at the volume is. The volume at price explanations can be summarized by my previous comment.
For me volume is the best signal for a breakout. True breakout has volume associated with it. Of course this is just a part of technical analysis, but volume is a very great indicator if you know when to use it and how to interpret it.
Good book I read some time ago: https://www.amazon.com/Complete-Guide-Price-Analysis-ebook/dp/B00DGA8LZC/ref=sr_1_1?s=books&ie=UTF8&qid=1484642714&sr=1-1&keywords=volume+price+analysis
(update of previous comment on this topic)
Learn Wyckoff theory and VSA:
https://stockcharts.com/school/doku.php?id=chart_school:market_analysis:the_wyckoff_method
https://www.amazon.com/Complete-Guide-Price-Analysis-ebook/dp/B00DGA8LZC
Learn Order Flow
https://ttwatrader.netlify.com/liquidity-part-1/ https://www.youtube.com/watch?v=-rKhybqaNLs
You do not need to use the tools, but you should understand the concepts.
Learn Volume Profile
Currently don't have any excellent VP resources. TradingView provides a fairly superficial treatment: https://www.tradingview.com/wiki/Volume_Profile
Prior to Volume Profile, 'market profile' was quite popular, you can read the official CBOT manual here: https://drive.google.com/file/d/1Fz73EKb7EC1BvlzGL31jfn_IPJQspba3/view (the official CBOT link no longer seems to be working, this link courtesy of /u/historybandgeek )
Easiest way to access volume profile for entry level traders these days is probably through tradingview's professional service.
Study bonds and commodities
I don't have a good resource for you at this point in time, have been some recent posts on the topics of bonds.
Study economics properly
https://www.khanacademy.org/economics-finance-domain
Algorithmic and AI approaches
Not my area, but the best places to go for this information are specialist subs, see /r/algotrading and /r/machinelearning
Constantly Expose yourself to more industry grade news and analysis sources
Standard industry news: WSJ, BBG, CNBC etc
Commercial Bank reports if you can access them: Citibank, DeutscheBank, GoldmanSachs etc
Central Bank reports and analysis: Fed, ECB, BoJ, BoE, RBA etc
FX industry news eg: https://www.leaprate.com/
Prune
Babypips is a very broad overview. You must specialise and develop your own approach, and this means leaving behind some knowledge but becoming highly focused on others.
Some thoughts...
1) This book is really good so far and it's free on Kindle Prime. It's all about volume and price action, covers Wyckoff, candles, manipulation, the role of news/media, market makers, and a bunch of other stuff. Incredibly relevant to Bitcoin.
Here's an excerpt: https://i.imgur.com/gD2gAFw.png
2) Shared this earlier this morning on the discord group I frequent. This sell-off was clearly manipulated. After reading the above book, I don't think this last dump was "planned" -- they already did their grand finale -- but there were still too many sellers for a breakout to happen -- so they shook the tree one more time. This time we go up.
https://i.imgur.com/9CAsy9I.png
Exhibit B: In this twitter thread, check out OBV now, and in a more "organic" dump.
https://twitter.com/BeastlyBTC/status/953709506315239424
3) A HUGE amount of bitcoin has changed from weak hands to strong hands. We had TWO 45% dips. They were beautifully executed manipulation. Even I, who has never sold a single bitcoin, have lost an incredible amount of sleep this week. The good news is this means whoever is accumulating plans to make a big profit off of these cheap coins... Over the next week, look for a bunch of positive news articles to manipulate sentiment back to bullish.
Here are the first stages of developing a more sophisticated view of the market. "True sophistication" is a mirage, I think, but you need to read widely and diversely, including stuff like www.leaprate.com so that you understand what industry insiders are looking at. Retail traders tend to be incredibly sheltered and myopic.
(copy/paste from my comment to another post)
Learn Wyckoff theory and VSA:
https://stockcharts.com/school/doku.php?id=chart_school:market_analysis:the_wyckoff_method
https://www.amazon.com/Complete-Guide-Price-Analysis-ebook/dp/B00DGA8LZC
Learn Order Flow
https://www.youtube.com/watch?v=-rKhybqaNLs
You do not need to use the tools, but you should understand the concepts.
Learn Market Profile
https://drive.google.com/file/d/1Fz73EKb7EC1BvlzGL31jfn_IPJQspba3/view (the official CBOT link no longer seems to be working, this link courtesy of /u/historybandgeek )
Easiest way to access market profile for entry level traders these days is probably through tradingview's professional service.
Study bonds and commodities
I don't have a good resource for you at this point in time.
Study economics properly
https://www.khanacademy.org/economics-finance-domain
Algorithmic and AI approaches
Not my area, but the best places to go for this information are specialist subs, see /r/algotrading and /r/machinelearning
Prune
Babypips is a very broad overview. You must specialise and develop your own approach, and this means leaving behind some knowledge but becoming highly focused on others.
Oh and I think this is a must read.
https://www.amazon.com/dp/B00DGA8LZC/ref=cm_sw_r_cp_awdb_7DDH2W49XF3TJR0017TX
I am a big fan of Anna Coulling's book too.
The kindle version of VPA costs less than a visit to Starbuck's: https://www.amazon.com/Complete-Guide-Price-Analysis-ebook/dp/B00DGA8LZC/
/u/capital55 is not a fan of Anna Coulling, and will have at least two other recommendations for you.
(see here, that discussion was more about Wyckoff/VSA, but that is ultimately where the price @ volume discussion leads. The volume @ price discussion leads elsewhere, Jigsaw Trading's material is a good entry point).