Spotforex
Using volume data in forex trading.Hello traders!
In this video I will be looking at how we can use volume data in forex trading:
using futures volume I contrast how an indicator such as the Chaikin Money Flow
can give a correct and true reading whereas when applied to a volume-less spot forex
chart it will create a different scenario (with potentially misleading signals).
I hope you can find this helpful and please leave comments!
Trade stafe
Francesco
Example of Trade Setup for EURUSD.Hello! Friends,
I can come with new research an idea but, before starting talking about technical Let's share your LOVE by giving me LIKES and COMMENTS . Thanks in advance.
--> Price is already broken LL so, more chances to move update. Let's me create Trade Setup plans:
Plan A: Buy @ 1.08860 nearby for target above 1.10181 and more
Plan B: Sell @1.08463 and wait for a much deep target.
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"" DAILY CHART ""
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shttps://www.tradingview.com/x/r1itmi9h
Junction/ Decisive point for direction.
--> If the price is going to fall, it will not cross 1.09657
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PAST performance:
(click on the above chart)