QuoteDislikedI would venture to say that no one here has read Williams' book. If they had, they would already know that tick volume is what VSA uses in FOREX.
Yes, we know that. But your not addressing our issue. The tick volume in forex that's provided by your broker is not universal, it's specific to your broker. So how can you know when a 100 billion dollar fund is investing in your currency when your tick volume won't reflect their trade?
The included page does not address Forex. It addresses that "tick volume may be used" but doesn't address the problem inherent to forex volume... that it's not comprehensive. In stocks yes, tick volume can be used because you can poll the exchange. That is not true in forex.
QuoteDislikedYou obviously do not understand this method, so there is no point discussing it with you until you read the book.
You're shutting down discussion with a patronizing remark like that? Come on. I've read books on VSA, frankly... none of the techniques I know about would work on Forex because of the volume problem above. I'm more than willing to admit I'm wrong if you can prove otherwise, but so far you haven't even addressed the issue.
Which brings up the question, if they use esignal volume... where does esignal volume get it's data from? There's no universal exchange for spot forex, so there's no "volume authority" we can ask.