Chris
You are right and wrong in your posting.
vsa is one of the most valid trading styles out there and if used correctly can be like reading a book.
Fx is not a centralized system , however feeds like ibfx come from the major banks and is fairly indicative of the market as a whole and esignal uses a 200 source gtis feed that is very accurate. time and time again I have called trades in my vsa thread based on valid vsa set ups.
volume in fx is tick volume , however the use of it is very valid. I am very comfortable with my sell on gu off 1.5610 for a move to lower channel and a 50 pip trade
Until you fully understand something do not knock it.
You are right and wrong in your posting.
vsa is one of the most valid trading styles out there and if used correctly can be like reading a book.
Fx is not a centralized system , however feeds like ibfx come from the major banks and is fairly indicative of the market as a whole and esignal uses a 200 source gtis feed that is very accurate. time and time again I have called trades in my vsa thread based on valid vsa set ups.
volume in fx is tick volume , however the use of it is very valid. I am very comfortable with my sell on gu off 1.5610 for a move to lower channel and a 50 pip trade
Until you fully understand something do not knock it.
DislikedVolume in the FOREX market is something you will never get. The simple reason is that it is more of a "confederation" of sorts and not a union. There are just too many brokers out there.
There is no central exchange. As such, there is no reliable metric for volume. At best, you are getting volume from YOUR broker. And that means nothing. Futures have real volume, but you aren't trading that market. As a side note, when I read articles about "Certain big players were seen buying the Euro at 1.30", I laugh. Seen by whom? The other guys in their...Ignored
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