Volume Trend Analysis General Update (EURUSD)
Updated
We have busy adding some refinements and feature additions to test this week so we haven't done much in the way of ideas. I wanted to give a quick update on some charts and decided to start with the EU chart.
In general the EURUSD has been fairly choppy. The last indication was strength and I expect the target short term 1.1592 to be hit fairly easily (Entry indication was at 1.15709)
The Volume Trend Advisor (The red and green indications on my chart) indicates in real-time and cannot repaint as it uses closed price and volume analysis to determine likely changes in direction/trend. The Green icon = Strength and the Red icon = Weakness. If you have any questions regarding this fairly simple and accurate method of volume analysis, please contact us directly via PM here or via our website.
In general the EURUSD has been fairly choppy. The last indication was strength and I expect the target short term 1.1592 to be hit fairly easily (Entry indication was at 1.15709)
The Volume Trend Advisor (The red and green indications on my chart) indicates in real-time and cannot repaint as it uses closed price and volume analysis to determine likely changes in direction/trend. The Green icon = Strength and the Red icon = Weakness. If you have any questions regarding this fairly simple and accurate method of volume analysis, please contact us directly via PM here or via our website.
Trade closed: target reached
Target hit. Sorry for the late update on this one. I was away for a bit today.
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