Volume shows the number of securities that are traded over a particular time.
- Higher volume = higher degree of intensity or pressure.
In order to determine the upward or downward movement of the volume, traders should look at the trading volume bars usually presented at the bottom of the chart. Any price movement is more significant if accompanied by a relatively high volume + a weak volume. Take note: Not all volume types may influence the trade, it’s the volume of large amounts of money that is traded within the same day and greatly affects the market.