Talking Points: Volume can help confirm a trendVolume should increase during moves in the direction of a true trendThe EUR/USD is a current example of these principles Trend trading is a staple in my Forex trading account; identifying the predominant direction a pair is heading and only looking for opportunities that trade in the same direction. But sometimes it is difficult to decipher whether a chart displays a trend or not. It can also be difficult to know ...
Talking Points: Volume can increase our win rate when used properlyLarger volume during a breakout can confirm the move is valid Volume is an extremely popular trading tool when trading stocks, options, futures, and many other instruments. But when it comes to Forex, we do not see many traders using volume. The reason is that the Forex market is decentralized and the overall market volume is not available. The solution for this is FXCM’s new Real ...