Trading volume is important. When a stock or forex pair has increased volume it is like fuel for a different price up or down. It can be an important sign for traders to enter the trade long or short. Many times news with trigger buyers and sellers to enter the trade. If you use candle stick charting you can see the direction if the candle is red or green.
The time of day also matters so you need to be aware of the time this is happening. The Forexmentor Live! interactive training in trading Forex includes unlimited access to the live trading classroom, detailed tutorial videos used in trading client accounts, a step-by-step guide to the LPT Method, technical analysis, detailed presentations throughout the day, live Trade Alerts, access to Professional Fund Managers, access to live news feeds in real time and so much more.
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