Disliked{quote} Thanks for posting...... If you are trading a Futures Contract or a Volume based market, yes, your analysis would be dependent to Futures Data. However, if your trading in a tick-only based market such as FX your analysis is dependent only on tick data. It uses tick/price data, not tick volume. I do agree with you in the sense that it can be "broker manipulated at the customer execution level". However, I'm not one of those that think my Broker is out to get me. Its in his best interest that I'm profitable. I somewhat disagree that futures...Ignored
Nice article, thank you.
And yes , FX market is leading, but the question is volumes, As retail traders we can use tick volumes (which are broker dependent), but our counterpart MMs use real volumes. MMs trading CME are well informed participants of market, therefore Volumes in CME are more presentable for analysis.
it's o'k to win ...