Hello traders! In this video I will be looking at how we can use volume data in forex trading: using futures volume I contrast how an indicator such as the Chaikin Money Flow can give a correct and true reading whereas when applied to a volume-less spot forex chart it will create a different scenario (with potentially misleading signals). I hope you can find...
Our favorite signals are with trend "stacked" signals which means we observe confluence or multiple cases for entry. We see that here with a long signal on the 6BU2020 2H that has triple relevance. #1 - Extreme Turn Buy #2 - Close to upward sloping T-Line (233 EMA) #3 - Structure relevance (potential support) looking left. We're long the 6B futures contract...