RobertJohnson
Sun Oct 06 2024
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7 answers
1117
How to calculate volume in forex?
Could you please explain how to calculate volume in the forex market in simple terms? I understand that volume represents the total number of currency units traded in a given period, but I'm not quite sure how to actually calculate it. Are there any specific formulas or metrics that traders typically use to determine volume? Additionally, how does volume impact price movements in the forex market, and how can traders use this information to make more informed decisions? I'm looking for a comprehensive yet concise explanation that I can use to improve my trading strategy. Thank you.
