If you are not getting consistent results in trading
even by having a very good forex trading strategy, try to change the time
you take trades.
Yes the time at which you take trades play a very important
role in winning or losing.
Volume and profit:
The flow chart below shows you
relation between volume and profit in any forex trading strategy.
When more people are trading a particular currency
pair there will be an increase in its volume. Increased volume will always
result in strong movements in price of that pair and strong movements surely
means more pips. If you can identify to which direction the price is havingstrong movement you can ensure more profit.
For each and every currency pair the volume is
different at different times of a financial day.
