Forex volume indicators

Forex volume indicators

Forex volume indicators

Forex volume indicators.

Is it important to use a volume indicator when trading forex?
I personally think this is very important to know if and when there is enough volume on the market to be able to make a good trade.
I mean we all know it and I think we’ve all experienced it that the moment when you have just taken a nice trade, the pair suddenly goes into consolidation.
And we don’t want that and we should of course prevent that as much as possible.
For that reason alone, the use of a volume indicator is very important.
There are several volume indicators you can use and we have plenty to choose from.
I only use 2.
These are also fully explained in my course and I also think it is very important that everyone learns to use them correctly because these are probably the only indicators that can allow you to trade Supply and Demand successfully.
I mean it can be a very useful tool.

Today I am going to give you a little more explanation which indicators I use and also recommend to use as an extra conformation when you want to enter a trade.
Unfortunately, I won’t be able to tell you everything in this blog, but if you want to know more, you can always join the course where everything is explained step by step.

1. Volume Profile

Volume profile is 1 of the indicators that I recommend to use and especially if you are a Supply and Demand trader this is a very handy tool.

forex volume indicators

The most important thing this indicator shows is the POC.
See that red line? That’s the POC!
I will tell you if you just use the POC in your trading you will definitely become an even better trader.
And it doesn’t matter which strategy you have, this indicator is always handy to use next to it.
But what exactly is the POC and why is it so important?
POC means Point Of Control and it is important because it shows us at which point the most trading took place.
(Where the biggest trading positions were accumulated.)

But who accumulates these large trading positions?
That’s right! The big boys!
And when I talk about the big boys I am of course talking about the banks, hedge funds etc.
We all know these big guys are moving the market and.
And is it of course a big advantage if we know where and when they place their positions, don’t you think?
So to have an insight into that, we can use the volume profile where we can see the POC.
The big boys can’t hide where they place their big orders either.
Because we know “Big Guys” = “Big Positions” so they will always stand out on the volume profile.

Conclusion.
In short, the POC is where the big boys are.
The big boys who move the market.
I think you can now imagine that you can make much better trading decisions by using this indicator.

2. Volume.

Okay, I have already shown and explained the most important indicator above.
But there is another volume indicator that I sometimes use in my trading.
I’m going to show you this now!

forex volume indicators

I mainly use the volume indicator to see if there is enough volume on the market when I want to take a trade.
If this matches so I mean large volume when the price is at a Supply or Demand zone this gives me an extra conformation for a possible buy or sell.
(In this case, the colors of the volume indicator don’t matter).
This can also help you not to enter a trade that goes into consolidation.
Because the lower the volume, the greater the chance that price goes into consolidation.
And the higher the volume, the faster the price often moves.
You can also easily spot possible fake outs or a change in the trend with this indicator.
This is too much to explain in this blog but of course I also explain this completely in my course.

I hope I was able to help some of you with this blog to become even more successful in the forex market.

—————————————————————————————————————————————
Do you want to become Success Supply and Demand Trader?
Or want to know more about forex volume indicators?

So if you are a beginner trader and to become a good professional forex trader.
Want to know more about forex volume indicators?
The Forex Scalper teaches you the best scalping trading strategy using supply and demand zones.
Which are already traded and tested by thousands of TFS members and performs daily trades.

To become profitable from Beginner Trader and most successful Scalping trader in Supply and Demand.
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Which boosts your trading skills make you Professional Forex Market Trader.

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Order blocks forex

Order blocks forex

Order blocks forex

Order blocks forex.

An order block is the accumulation of orders from financial institutions and central banks.
Order blocks are actually special Supply and Demand zones that are formed when there is a block order.
That is where the name order blocks comes from.
It is formed by buying and selling of the banks and institutions.
And it may be that you are already familiar with order flow trading and then you will certainly know the name order blocks.
We know that banks use special orders to buy, sell and close their orders.
When banks want to open a position with volume, they don’t just randomly open a position to upset the price and trigger their order at a worse price that may result in lowering their profit.

No what their doing is they try to split their positions into small and manageable blocks using order blocks.

How it works?

I see trading from an order block as a high probability trading setup.
So if you use order blocks in your trading setup you can find really high-probability trade entries, and you can use them to reap additional profits alongside your core trading strategy.
You can use the order blocks in different trading strategies.
That is why it is very important to learn to recognize them.

Below I will share with you some images of the charts where we can find the order blocks.
And I will also give a short explanation on how you can find the order blocks on the charts yourself.

Order blocks forex

Order blocks forex

Bearish Order Blocks.

In the image above we see 2 times a bearish order block.
Here we are looking at the GBP/JPY chart at the 1h.
You can clearly see here that the price has formed an order block.
The price breaks out of the order block after coming back down and then breaking back down again.
We can also see very well here that the price is making a new low or lower low.
Such a structure is anticipated to render resistance to the price.
Then we see that a new order block has been created that we can use again if the price possibly comes back in this block.
Of course we also take all other rules into account before we can only take a trade from this block.

Order blocks forex

Order blocks forex

Above is the chart of US30 at the 1H. Here too we see a nice Bearish order block.
If you look closely at the image you will understand exactly what I mean.

Order blocks forex

Order blocks forex

XAUUSD on the 1H chart. Here we actually see the exact same thing happening again.

Bullish Order Blocks.

We also have the Bullish Order Blocks, of course.
These are, the exact opposite of the Bearish Order Blocks.
The price breaks out of the order block after coming back up and then breaking back up again.
We can also see very well here that the price is making a new high or higher high.
Below we also see an example of it on EUR/USD on the 4H timeframe.

Order blocks forex

Order blocks forex

Are Order Blocks and Supply and Demand Zones the Same?

Opinions are divided on this.
Because when I say that all Supply and Demand Zones are Order Blocks.
But not every Order Block is a Supply and Demand zone?
That is why we cannot use all order blocks when trading Supply and Demand.
In the course you will also learn exactly what to look for in order to find the right blocks.
I mean when we look for nice Supply and Demand Zones we look for good Order Blocks to create a zone.

Do you want to become Success Supply and Demand Trader?
Or want to know more about Order blocks forex?

So if you are a beginner trader and to become a good professional forex trader.
Want to know more about Order blocks forex?
The Forex Scalper teaches you the best scalping trading strategy using supply and demand zones.
Which are already traded and tested by thousands of TFS members and performs daily trades.

To become profitable from Beginner Trader and most successful Scalping trader in Supply and Demand.
So join THEFOREXSCALPERS and trade with 3500+ community traders with daily analysis and educations.
Which boosts your trading skills make you Professional Forex Market Trader.

JOIN HERE TFS COMMUNITY

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TheForexScalper recommends you join ICMARKET which is regulated and the most trusted broker.
They provide very tight raw spread account with fast execution and having multiples deposit and withdrawal options.

Join IC Market

 

Does the forex market close in december?

Does the forex market close in december?

Does the forex market close in december?

Does the forex market close in december?

The market for foreign exchange (Forex) is the largest financial market globally, and the value of the trading volume daily is estimated at approximately $5.1 trillion.
Hedge funds, banks, and other large financial companies are the major traders in the Forex market.
Usually, the Forex market is open for trading all 24 hours of the day and five days of the week, starting Monday and closing on Friday.
Saturday, Sunday are the weekend holidays for the Forex market.
When the trading volumes are low due to holidays, off-market trades can cause changes in foreign exchange rates with noticeable fluctuations.
In addition to the holidays on weekends, other public holidays affect the Forex market, changing it.
These public holidays are Christmas, New Year Eve, and Thanksgiving Day.

The forex market does not close completely in December, but there are a few days where the brokers close earlier or completely.
I will describe these days below.

Also, traders should note that the market will begin to move more slowly from around December 15th.
As a result, many traders also take a vacation from the market from about December 15th through early January at least until the market starts moving normally again.
You can of course trade during this period, but do not expect too much from the market.
Everything moves much slower and it’s just much more risky.

Does the forex market close in december?

Does the forex market close in december?

My opinion

Try to master your discipline and learn to know when to stay off the market and when the days are good to trade.
Stay away from low volume markets and days and find your way around them.
Only then will you be profitable.
In addition, I will NOT trade on days with very little volitidity/volume and you can therefore already fill in yourself when I will not trade in December!
We traders could also use a holiday sometimes, don’t you think? 🙂
So that we can start fresh on the market in January.
And see this holiday as a challenge to learn even more and broaden your horizon in trading.
I want to wish you happy holidays and let’s make it another great and successful trading year next year!

 

Do you want to become Success Supply and Demand Trader?
Or want to know more about Does the forex market close in december??

So if you are a beginner trader and to become a good professional forex trader.
Want to know more about when to enter a trade forex?
The Forex Scalper teaches you the best scalping trading strategy using supply and demand zones.
Which are already traded and tested by thousands of TFS members and performs daily trades.

To become profitable from Beginner Trader and most successful Scalping trader in Supply and Demand.
So join THEFOREXSCALPERS and trade with 3500+ community traders with daily analysis and educations.
Which boosts your trading skills make you Professional Forex Market Trader.

JOIN HERE TFS COMMUNITY

======================
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====================== 
Forex Trading

Looking for a Trusted Regulated Broker?

TheForexScalper recommends you join ICMARKET which is regulated and the most trusted broker.
They provide very tight raw spread account with fast execution and having multiples deposit and withdrawal options.

Join IC Market

Can you be a millionaire trading forex?

Can you be a millionaire trading forex?

Can you be a millionaire trading forex?

Can you be a millionaire trading forex?

This is a question I hear a lot around me.
And the answer to it is yes!
But let me be very clear that this is not easy.

It’s not as easy as some ads show you sometimes.
We all see those ads every day that promise you all kinds of things “Become a millionaire in a few months.” “Get Rich Quick!” “Anyone can now become a millionaire with my system!” Except that this does not apply to trading at all and I even find it misleading and fake.
Of course, this also applies to many other things.
So don’t fall for this!
Because of everything we see around us, the big beautiful houses the super cars the most expensive jewelry, many people also want to achieve this and are therefore more likely to fall for certain false ads.

I just told you that you can definitely become a millionaire by trading forex.
But then you ask yourself how?
Let me explain that in a really honest way.
Learning to trade forex correctly just takes time.
For some it takes a year and for others sometimes 5 years before you are really successful.
It also takes a lot of effort and hours behind the charts.
And what about a good risk management?
Because if you master the technique well, but not the rest, you will never become a millionaire trading forex.

Funds

And now we come to the next point.
Funds!
Also how many funds you have to trade with will ultimately determine within what time you can become a millionaire by trading forex.
Because someone with an account of 100,000 will of course achieve this sooner than someone with an account of 5000.
Provided of course that the person of 100,000 masters good risk management.
But if you do not have a large piggy bank and do not immediately have that much money at your disposal, are there still options?
There are also possibilities for that.
Nowadays there are many companies that want to offer you a larger trading account if you can show that you can do it.
From the profits you make, you and the company share the profit.
With many companies you only have to pay an entry fee to get into the test phase.
The level of the entry fee is often determined on the basis of the amount linked to the account.
But beware, if you do not get through the test phase or if you have not adhered to the rules, you will in most cases lose your money.
But if it goes well and if you achieve the goals of the first test phases, you will be rewarded with a large trading account.
And you can certainly earn a lot of money with a minimal investment!

Conclusion / Can you be a millionaire trading forex?

Arriving now at my conclusion, my answer to this question is definitely yes!
Of course I also speak from my own experience, but I have to be honest to tell you that the road to it has not been easy.
I too lost a lot of money in the beginning and was often on the verge of giving up.
In the end I did not do this and I can now proudly say that trading has provided me with a very good income.
So I think it’s possible for you too?
Sure!
If you are willing to work hard, spend many hours behind the charts and do a lot of backtesting, you will definitely succeed!
Have a very good plan and very good risk management so that you don’t have to hurt yourself unnecessarily with blowing up your account.
I think this is step 1 on the road to becoming a Forex millionaire!

Do you want to become Success Supply and Demand Trader?
Or want to know more about Can you be a millionaire trading forex?

So if you are a beginner trader and to become a good professional forex trader.
Want to know more about when to enter a trade forex?
The Forex Scalper teaches you the best scalping trading strategy using supply and demand zones.
Which are already traded and tested by thousands of TFS members and performs daily trades.

To become profitable from Beginner Trader and most successful Scalping trader in Supply and Demand.
So join THEFOREXSCALPERS and trade with 3500+ community traders with daily analysis and educations.
Which boosts your trading skills make you Professional Forex Market Trader.

JOIN HERE TFS COMMUNITY

======================
Results – Instagram
====================== 
Forex Trading

Looking for a Trusted Regulated Broker?

TheForexScalper recommends you join ICMARKET which is regulated and the most trusted broker.
They provide very tight raw spread account with fast execution and having multiples deposit and withdrawal options.

Join IC Market

When to enter a trade forex?

When to enter a trade forex?

When to enter a trade forex?

When to enter a trade forex?

For some and I think for many novice traders it is very difficult in the beginning to determine when exactly you open a position on the forex market.
Because this of course also depends entirely on the trading style and the strategy you use.
Everyone has their own style and approach.
That is why I am going to briefly explain to you in this blog today when I enter a trade with my style and strategy.
As most of you already know, I trade on a Supply and Demand basis.
And I also had trouble finding the right entries in the beginning.
But after a lot of testing and observation it is possible with time to make better and more beautiful entries.

When do I enter a trade?

Before I enter a trade I pay attention to a number of things and only when everything is correct do I enter the trade.
I pay attention to points such as what is the trend at the moment?
Am I taking a counter move now?
Or am I going with the trend?
Are there any other blocks nearby that could hinder my trade?
Did the price grab enough liquidity?
And so everything has to be right for me before i enter a trade.
In the image below I will explain what exactly I pay attention to.

When to enter a trade forex?

Above we see a nice example on GJ.
We see a clear Demand zone and I have also drawn the Low and High.
If we look closely at this image, you can probably spot some nice entries.

When to enter a trade forex?

As you can see at us30 we comes with a lot of sellers pressure in a fresh demand level, from here we are looking for a shift from sellers to buyers we know that demand levels contain long orders in this case so possible buyer orders waiting to be filled.
We also see that the last low tested deeply (liquidity push) we also see that price comes in with high volume, which is an even greater confirmation.
Then we see a shift multiple spikes rejections / exhausted become the sellers and so the buyers take over.
Then we see a new leg up when we shift to a lower timeframe we see that on the lower timeframes new buy levels are created or new demand levels that are again full of buy orders which gives us the possibility for multiple entries!
It is very important to determine the liquidity levels and the supply / demand levels and a large part of waiting and execution at the right time is key price reading, learning to understand the price and what the price tells you, because every candle has its own story.
supply & demand..

 

Do you want to become Success Supply and Demand Trader?
Or want to know more about When to enter a trade forex?

So if you are a beginner trader and to become a good professional forex trader.
Want to know more about when to enter a trade forex?
The Forex Scalper teaches you the best scalping trading strategy using supply and demand zones.
Which are already traded and tested by thousands of TFS members and performs daily trades.

To become profitable from Beginner Trader and most successful Scalping trader in Supply and Demand.
So join THEFOREXSCALPERS and trade with 3500+ community traders with daily analysis and educations.
Which boosts your trading skills make you Professional Forex Market Trader.

JOIN HERE TFS COMMUNITY

======================
Results – Instagram
====================== 
Forex Trading

Looking for a Trusted Regulated Broker?

TheForexScalper recommends you join ICMARKET which is regulated and the most trusted broker.
They provide very tight raw spread account with fast execution and having multiples deposit and withdrawal options.

Join IC Market

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