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The
Volume depicts
the number of shares traded in a definite stock. |
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That's why it is a direct reflection of the capitals moving inside and outside the stock. There will be period of increased volume preceding the move in many cases before a price of stock or currency advances.
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The market of forex trading
is supposed to be strong or "having good breadth" when advancing issues overcome declining issues. If the line breaks out to the upside one can predict the market increase during upcoming months. And new index peaks have tended to result in the market highs.
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