The market is up to its usual antics: $USELESS 5-minute trading turnover was about $1.01 million, 17.8 times the previous average; over the same period, the price rose 1.51%.
A surge in volume only shows that activity has picked up—it doesn’t prove which side is winning.
On a more serious note, trading volume often spikes when news breaks, a key level is breached, large orders enter or exit, or mass liquidations occur.
With leveraged trading, first work out whether you can withstand the worst-case outcome, then see what the indicators say.
A surge in volume only shows that activity has picked up—it doesn’t prove which side is winning.
On a more serious note, trading volume often spikes when news breaks, a key level is breached, large orders enter or exit, or mass liquidations occur.
With leveraged trading, first work out whether you can withstand the worst-case outcome, then see what the indicators say.