Forex Trading: The Benefits of Volume Analysis

mprincipatoMarc Principato, SMB ForexLeave a Comment

Whenever I mention “volume analysis” in relation to forex trading, almost instantly I get the following question,”Hey isn’t the volume in the spot market unreliable since there is no central exchange?” The answer is yes it is unreliable and that is why when I analyze volume in the currency market, I don’t use spot, I use futures. The next question … Read More

Three Ways To Gauge Volume in the Forex Market

mprincipatoGeneral Comments, SMB Forex1 Comment

Volume is a key component in technical analysis and in momentum based trading strategies. Heavy volume usually leads to sustained price trends and higher quality intraday momentum. In contrast, lack of volume usually leads to a lot of broken keyboards, computer screens and accounts. So it can be very beneficial for a trader of any instrument to have a sense … Read More