How Does On Balance Volume In Forex Trading Work As An Indicator?
Posted by benny in Barebone PC on December 15th, 2009 | one response
someone help who knows statistics. How can one trade on it and not get confused with different periods of time the calculation is based upon.
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One Response to “How Does On Balance Volume In Forex Trading Work As An Indicator?”
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Balance volume in the Forex works the same as moving averages. As trading volume in a particular currency increases, the trend is that the currency will increase further. For more information, check out this site: http://www.forexvendors.com. This site helped me to understand the basics to the Forex, and offered other resources to help me trade better.
Hope this helps…