selling transactions are in fact needed to forex tick historische make that price move 1 tick. So if you just see the volume that happened at your retail broker, its useless information right? It then adds/detracts that volume to the running open total. Volume, open interest and price action are the key components in trading decisions. Pink indicates the beginning of a trend continuation or reversal. Week 1: as price falls, volume rises compare to previous week interest to downtrend among traders grow.
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Volume indicator, volume indicator, why Volume? As it moves up and down volume adds. Which leads me to the conclusion that FX brokers data might indeed be of some value. 9: Volume picks up again once price finds its uptrend. Volume and Trend, volume helps to learn about the health of a trend.
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However, the downside is that the trader always has to keep the available margin in mind especially, in trending markets. However, this also means very complicated money management conditions.Read more