These high and low volume times are different on all days of week. I would go back for around two weeks and write down these general times of high volume an days of week on charts. This is so, that you can maximize your trading time and not waste time on pairs, which are not moving and going sideways/ranging. Because USDCAD pair was ranging or sideways for last three hours on Friday... I have no clue what direction it will take 1st trading day of trading at this time. When price action was going sideways the volume was getting lower with less interest.
*One of my trading strategies is to know where EMA 20 is (same as Bollinger Band Middle line), this tells me to trade call if price action is above and to put if price action is below EMA 20. If price action is on EMA 20, wait. Some times patience is best trade to make, until you can implement a plan of action. RSI is around 50 too.
*One of my trading strategies is to know where EMA 20 is (same as Bollinger Band Middle line), this tells me to trade call if price action is above and to put if price action is below EMA 20. If price action is on EMA 20, wait. Some times patience is best trade to make, until you can implement a plan of action. RSI is around 50 too.