$BTW Hourly trading volume was approximately $13.5 million, 4.1 times the previous average; price fell 12.55% over the same period.
Let’s break down this surge in trading volume.
A spike in trading volume often occurs when news is released, a key level is breached, large orders enter or exit the market, or mass liquidations take place.
Don’t jump in just because you see a multiple. Volatility is often at its highest when trading volume surges, so using less leverage is a safer approach.
Leave plenty of room in your futures positions—don’t let a single wick knock you out of the market.
#BTW
Let’s break down this surge in trading volume.
A spike in trading volume often occurs when news is released, a key level is breached, large orders enter or exit the market, or mass liquidations take place.
Don’t jump in just because you see a multiple. Volatility is often at its highest when trading volume surges, so using less leverage is a safer approach.
Leave plenty of room in your futures positions—don’t let a single wick knock you out of the market.
#BTW
