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    Thread: How do you use volume as indicator?

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      crowplayer is offline
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      Volume is one of the most powerful indicators, but it's often overlooked due to its sheer simplicity. always look for confluent signals from the volume indicator to support the current trend in price movement. If price is moving downwards, look for increasing volume to support that movement along with decreased volume during the buyback phases.

      Similarly, if price is trending upwards, look for confirmation of decreased volume during pullbacks. If you see multiple high-volume candles that don’t support the current trend, it could be a sign of an impending reversal.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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