A funny bit for chart-watchers: $APR 1-hour trading volume was about $12.52 million, 4.9 times the previous average; the price rose 3.9% over the same period.
A surge in volume only means that trading activity picked up; it doesn’t tell us who’s right.
For a bit of serious education: trading volumes in futures and spot markets often differ considerably. Futures volume includes a lot of leveraged trading, so volume in the two markets doesn’t mean exactly the same thing.
Keep extra margin in your futures positions, so one sudden move doesn’t wipe them out.
#APR
A surge in volume only means that trading activity picked up; it doesn’t tell us who’s right.
For a bit of serious education: trading volumes in futures and spot markets often differ considerably. Futures volume includes a lot of leveraged trading, so volume in the two markets doesn’t mean exactly the same thing.
Keep extra margin in your futures positions, so one sudden move doesn’t wipe them out.
#APR