Hi CookieMonsta
Thanks, it was interesting battle I think….. just the time it takes is a big problem.
Hi Alex
Yes, fx volume is not centralised and from the broker you are trading with only, sometimes the spikes and lows can help but they can also mis-lead as they did here due to it not being a true picture, just wanted to cover this a little to show that, as you see I dropped it after a while.
You are right to pick me up on this, It is not something I use regularly but do now and again (when I am bored I guess thinking about it). Actually thinking back when I started this trade I was not very well and the doctors were messing around with my medication (again) so maybe that had some impact on my thought process as well.
I have shown what I wanted to with the volume and will not post anymore on broker volume.
It actually helped me by going wrong as it did because I was wondering how I could post/show a deep recovery.
I have found using the currency index’s a better way to gauge the amount of trading in each currency, although these are charts they give us an ‘overall’ picture of what is going on in each currency without having to watch all the crosses all the time.
In the post below is the use of the index’s for/with that trade.
Regards
Phil.
Thanks, it was interesting battle I think….. just the time it takes is a big problem.
Hi Alex
Yes, fx volume is not centralised and from the broker you are trading with only, sometimes the spikes and lows can help but they can also mis-lead as they did here due to it not being a true picture, just wanted to cover this a little to show that, as you see I dropped it after a while.
You are right to pick me up on this, It is not something I use regularly but do now and again (when I am bored I guess thinking about it). Actually thinking back when I started this trade I was not very well and the doctors were messing around with my medication (again) so maybe that had some impact on my thought process as well.
I have shown what I wanted to with the volume and will not post anymore on broker volume.
It actually helped me by going wrong as it did because I was wondering how I could post/show a deep recovery.
I have found using the currency index’s a better way to gauge the amount of trading in each currency, although these are charts they give us an ‘overall’ picture of what is going on in each currency without having to watch all the crosses all the time.
In the post below is the use of the index’s for/with that trade.
Regards
Phil.
-be careful about what you allow to be put in your mind-