Forex E Volume. Forex volume can help paint a clearer picture of what is going. Volume is mainly used to identify momentum in a market's price, with high and low volume signifying whether a trend is likely to continue or not.
In fact, some believe that the only thing more important than the volume is the price itself. Volume is a significant influencing factor encountered in trading. The most traded forex pairs are broken down by categories: Among the Major pairs and in general – EURUSD;. i.e., its volatility in pips during the day.
The pairs were selected to better visually demonstrate the influence of a region on the.
However, volume is used most often in stock trading, where it shows the number of shares that are being traded.
How to use volume in trading. Tick movements are counted to measure volume. The colored plots
below represent the accumulative volume during each of the four major trading sessions: London, New York, Tokyo, and Sydney.