Technical Analysis

Volume

Introduction

www.cmsfx.comVolume measures the “worth” of a market move. If a currency pair has a strong price move either up or down, the perceived strength of that move depends on the amount of volume for that period. Moves backed by higher volume are more significant. By monitoring volume, a trader should not be left behind on important market moves. Important moves will usually come on a spike, or a short period of time when there is more volume than normal. Volume can help a trader prepare for

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