DislikedI am new to Forex, and this may seem a stupid question, as thought there were no data on volume for Forex.
Where do you get the data?
Thank YouIgnored
You can search forums about volume and how it is calculated in forex
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DislikedI am new to Forex, and this may seem a stupid question, as thought there were no data on volume for Forex.
Where do you get the data?
Thank YouIgnored
DislikedI never met Tom in person but follow his work work closely.
I first read his book many years ago. I believed what he wrote but could not apply that.Ignored
DislikedThe trader that taught me in real life is Jason Alan Jankovsky. He is a professional trader from Chicago.
Later I picked up Tom Williams' work and researches from traders like Whyckoff, Livermore and others.Ignored
DislikedHow did you get the info from jankovsky? I did a quick search on the wen and he seems to be associated with something called the forex brotherhood. Doesn't mention VSA, Williams or anything similar.Ignored
Dislikedthe only volume that you can trust in forex is the COT reports open interest number.
There is no volume in forex.. the volume you see in some brokers is the volume of transactions in their own broker... there is no central international volume. That's one of the characteristic of forex.Ignored
Dislikedbla bla bla. tick vol cannot be trusted...
i can repeat it over again and again in different threads. when using tick volume of esignal which collects data of over 300 brokers, interbanks, ecn, clearing houses etc. you can get a very good picture of the supply/demand situation.
the vol of any of your brokers is of absolutely no importance. you can just disregard the forex vol on any of your brokers platforms, except futures. not cfd, real futures with vol reported from the exchange.
yes, based on expericnes and trading vsa since a while. i dumped...Ignored
DislikedI'm new to VSA, what do you guys think of the formation on the daily GJ?Ignored
Dislikedbla bla bla. tick vol cannot be trusted...
i can repeat it over again and again in different threads. when using tick volume of esignal which collects data of over 300 brokers, interbanks, ecn, clearing houses etc. you can get a very good picture of the supply/demand situation.
the vol of any of your brokers is of absolutely no importance. you can just disregard the forex vol on any of your brokers platforms, except futures. not cfd, real futures with vol reported from the exchange.
yes, based on expericnes and trading vsa since a while. i...Ignored
DislikedFirst of all, volume is the second most important indicator on your chart! If you can get volume from your broker you should use it! (see chart). Brokers work with banks, or banks go through brokers. So their own trading is not likely to be against the market - they are in the know, you are not.
Secondly, the volume of futures may be accurate in showing where the large volume is but it will not differ that much from the brokers volume. That said, however, the currency futures market follows the Spot market! So if you have large volume going through the futures market but the spot market continues moving down, the futures euro will soon follow, in spite of the large volume!
Thirdly, as I have said before, if Citi sell 20 million euro to DB, and DB sell 20 million euro to UBS, where is the volume in that? 60 million or 20 million??
For this reason you should get volume from your broker and back test it.Ignored
Dislikedhi,
what is the difference between the tick volume that esignal represents and euro fx futures volume ?
and can anybody help me find a FREE broker/platform where i can see real-time euro futures chart with volume ? btw how much do u pay to esignal to get the chart with volume ?
What platform are u using Geppynius ? thanksIgnored
Dislikedyep. and the vol delay on the dailies is there for a good reason! because of it's importance and to the disadvantage of the mass who have to feed the winnersIgnored