Volume and Price Trading Mnemonic - Seven Sentences:



At low prices with no volume, wait. Even if you wait wrong, keep waiting.
At high prices with no volume, hold. Even if you hold wrong, keep holding.
At low prices with volume expansion, follow. Even if you follow wrong, keep following.
At high prices with volume expansion, exit. Even if you exit wrong, keep exiting.
Volume increases and price rises, buy. Volume increases and price falls, sell.
Volume increases and price flat, expect reversal down. Volume flat and price rises, add position.
Finally, volume flat and price falls, exit position. Volume decreases and price rises, hold.
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