I read on John Person's book - Candlestick and Pivot Points - that volume is a pretty good indicator if you know how to interpret it (I do now)
The thing is, he says that you need to borrow the volume from the futures market because the forex market does not include volume for intraday - that is it only appears after an entire day.
I'm using MetaTrader for charting and I noticed that there indeed is a volume indicator - there are quite a few, actually - and I'm wondering what this exactly is?
Anyone care to educate me? Haha
The thing is, he says that you need to borrow the volume from the futures market because the forex market does not include volume for intraday - that is it only appears after an entire day.
I'm using MetaTrader for charting and I noticed that there indeed is a volume indicator - there are quite a few, actually - and I'm wondering what this exactly is?
Anyone care to educate me? Haha