drops confirmation that remaining traders lose interest in that upward move. 1 tick measures 1 volume. 9: Volume picks up again once price finds its uptrend. An uptrend is strong and healthy if Volume increases as price moves with the trend and decreases when price goes counter trend (correction periods). Banks other market participants) from over 80 international cities. 5: Both sides lost interest as the market drifts sideways on low trading range. When price is going up and volume is decreasing, it tells traders that a trend is unlikely to continue. Therefore to count volume in Forex the number of ticks/changes in price is used. When a newbie faces the question, what is forex volume data, he/she probably means to ask the strategies that he/she can put to use. 30, 31 and so on trend picks up making new lows, volume confirms healthy trend by rising when price is falling and pausing or falling when price is moving sideways or going into correction. Single volume spikes only bring price to a halt.
3: volume is lower than previous weak, confirming that there is still very little interest in buying the pair. Trend lines and other breakouts are validated or voided the same way. A lot of stand-alone average volume spikes occur during fundamental economic announcements on daily basis. See List of Available Pairs, tick-by-tick" Data (bid ask prices).
As a matter of fact, tick volume indicator almost matches the real volume. If there is a lot of interest, it means the level is an important one. Experts sometimes despise following buy/sell with fluctuations in volume. Although usage of this data hardly satisfies your needs of identifying market movements, it surely provides a fairly good estimate. Pre-built One-Minute Bars (Open, High, Low, and Close for each minute interval built from Bid side of"s). Breakout occurring on rising volume is a valid breakout, while a breakout that caused no interest from traders as it is happening on a low volume is more likely a false one. Price will either continue to decrease, but at a slower pace or start to rise. Large volume signifies that there is large number of market participants involved, including financial institutions. OneTick, R, matlab, MongoDB, Kdb, etc.). Next time your fellow traders ask you what is forex volume data, make sure your solution touches currency futures and transaction limits. The Volume indicator is an indication that sellers and buyers can utilize the currency fluctuation dynamics and that might be your turning point.
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