What is Trading Volume and How to Use it For Technical Analysis?

In technical analysis, Trading Volume is an indicator that indicates the strength of market trend. Trading Volume, which is usually referred to as Volume, is simply the number of trades executed during defined time period.
For example, the daily volume of stock XYZ is the number of trades during a trading day. If one trader buys [...]

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Factors That Affect Forex Trading

There are several external factors that affect Forex currency trading. These factors include trade reports, GDP, unemployment, international trade, manufacturing etc. The growth or decline in these factors affects a country’s currency value.
Foreign exchange is a continuous global market, providing a 24-hour market access to its players. Since it is open only 5 days a [...]

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