Volume can help you identify the momentum of an instrument. The price movement and volume are often closely related – when the price increases, volume is likely to increase as well. Traders often watch price and volume movement in parallel to confirm the existence, or continuation of a trend. Volume can also be used to identify when trading activity is declining, indicating when a trader might consider taking profit on their open positions.
Volume chart data refers to the trade volumes of the underlying asset, not CMC Markets’ trade volumes. Volume charts are provided by CMC Markets for general information purposes. They are not intended to provide trading or investment advice and must not form the basis of your trading or investment decisions.
CMC Markets will not be responsible for any loss incurred arising from any investments made based on volume charts.
The volume chart information refers to the past. Any information relating to past performance of an investment is not a reliable indicator of future results.