I wonder if you have realized this...
All the data you get daily from the stock exchange in financial technical analysis charts are nothing more than:
1. Price
2. Volume
That's right. Only the price and the number of transactions are known daily and captured as charts for financial technical analysis. Even though volume is such an important element, very few technical traders make full use of it in helping them with their trade entries and exit. This is because most technical traders simply do not know how to make sense of the daily volume bars in relation to the price action. I present here a simple chart explaining what the price versus volume behavior stand for and hope it helps you in making more sense in your financial technical analysis.
Financial Technical Analysis Using Volume Defined
Rising Price + Rising Volume = Healthy Bull trend
Rising Price + Declinging volume = Bull trend drying up, hitting ceiling soon
Declining Price + Rising Volume = Healthy Bear Trend
Declining Price + Declining Volume = Bear tredn drying up, bottoming soon.
[Why ForexGen]
1. Lowest spreads in the market with 0-1 pips in 10 pairs, no commissions, no swaps and instant account Activation.
2. Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries.
3. ForexGen offers Forex trading in the major currency pairs and crosses.
4. Low capital start, with $250 as a minimum account size.
5. Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.
6. ForexGen offers a free trial Forex [demo account] that allows you to test your skills and practice without risking real money.
We consider every client as a special case, a VIP and a partner. A client's profit is our success and a client's loss is a significant call of action for us. Customer care is the heart of our business, we know every client on personal bases as we provide 24/7 customer support.
We keep contact with our clients to ensure that we are on the right track. Leading our client relationship to success is our focus.
Let [ForexGen] prove to you that you have taken the right step by choosing our partnership.
Subscribe to:
Post Comments (Atom)
1 comment:
Hey Ya'll,
I've created a list of the highest ranking FOREX brokers:
1. Most Recommended Forex Broker
2. eToro - $50 min. deposit.
Here is a list of the best forex tools:
1. ForexTrendy - Recommended Probability Software.
2. EA Builder - Custom Strategies Autotrading.
3. Fast FX Profit - Secret Forex Strategy.
Hopefully these lists are benificial to you...
Post a Comment