Forex Volume Indicators Ebook

Volume represents one of the primary indicators of the market transactions and is characterized by the market participants, strength and intensity.
It shows the total number of shares/contracts traded within a specified timeframe. The
higher volume signifies higher liquidity and higher liquidity is a sign of lower volatility, with
volatility being the size of price moves.
Volume tends to increase in an uptrend direction when the price rises, and, consequently it
will decrease when the price falls. In the same way volume increases in a downtrend direction
if the prices fall, and decreases as they rise.