Anbat

Volume - Tells You Times To Trade Any Pair

Singkat
FX:GBPUSD   Paun British / Dolar A.S.
1
Volume or interest in any PAIR that you trade is key to know. You need to know (what time's and day's of the week to trade any pairs- all are different). If you notice on this GBPUSD 15 minute chart, when volume is high then Price Action will be moving a lot more, which gives you momentum and less risk. When volume is low, as noted on chart, price action is consolidating or going sideways-- this kind of trading (swing trading) is a lot more risky, then trending price action times with higher volume. *If any pair has low interest or volume, in my opinion find another pair with higher volume to trade. More people trading, causes more movement in price action.

Good luck in October with trading a plan and making decisions: Trade with trend, major Support & Reversal levels, price action on charts and reversal candlestick patterns. Look at charts from MACRO/big to MICRO/small.

Per GBPUSD 15 minute chart and all EMA's being above price action and RSI being below 50, I expect price action to continue into a bearish direction, at least for the 1st part of day of trading this coming Sunday 2nd of October.
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