Principles of market movements

BPA(for GBP/USD)

The next week (from 9.02) will appear over everything, long positions from volume of week 02.02-06.02, which was generated on Thursday-Friday, are possible:

http://savepic.ru/397986.png
and also from contract volume. Breaking these volumes down may be after volume formation for Monday-Tuesday.

It seems every time I try to launch Volfix, either the program does not respond or it freezes windows explorer.
I am running Windows Vista, are you aware of any compatibility issues with Vista?
Any ideas how to solve this problem?
Is a new version or update coming up soon?

Thanks

mazingaz

Well to my dissapointment, Volfix has now removed all Euro and Pound instuments from their platform, so until they put them back, that is if they do, don't waist your time, it was good while they had them.

I just hope that do come back, i'm sure we will be informed here

Check out barchart.com
You could see futures volume there too

Please tell me how can i do that

Can i bring for example the max vol. of euro from 8:00 to 10:00 ?

http://www2.barchart.com/mktcom.asp?...ion=currencies

then click "c" under links and then you can zoom out to 5min tf and get max vol from any period you want.
This is something new for me too and I'm still getting used to it.
FF user RickW00716 posted this link on http://www.forexfactory.com/showthre...83#post2525283 thread.

Is this useful ?

http://www.chart-ex.com/chartex.htm

Thanks Compro, this is indeed useful. Not as flexible as Volfix, but certainly better than nothing at all.

I think this site can get just as accurate information on Max Vol of day, week and month.

Max volume of contact, till now, i asked Alex_S and can't the concept/meaning of how it is calculated. Anyone understand it ? Please let me know.

compro,


Any idea on what the chart-ex service runs.


Thanks
Dallas

Can someone tell me if had benefits trading whit volfix?
Thank you

No idea, i found it on the Net... and would this would be an alternative to Volfix and with more instruments volume stuff.

I begin to read this interesting thread

Okay,

Conspiracy theorist please stay away because I not trying to promote anything!!!!!


That being said, I spoke with the woman who is running the chart-ex charting service. She generates her chart using end of day data that she complies from her feed. Currently the charting service is free, but within two months she will be moving down to time frames as small as 20 mins in addition to the day to day charts, etc. that she is currently being offered. So once she transitions to the smaller time frames there will be a fee. She is open to answer any questions concerning her data feed (which is cme), how to read her charts, and how to relate them to spot forex. She was very open, very nice, and very knowledgable. I gave her this site so she may stop in just to say hello.


Dallas

I would like to see top 3 volume prices listed for the previous day,week and month.

That will be great for seeing support/resistance.

Her current charting although showed the largest volume, we still have to search for the 2nd and 3rd largest volume price.
With compiled listing of top 3 volume prices is what i need.. ha!

Yes,


I agree and I just relayed your request to her via email, so lets see what happens.



Dallas

We all knew Volfix would start charging for their product sometime, it makes no sense to invest so much development time into it otherwise.

Anyway there are alternatives that will give similar information but display differently, maybe better !

You need NinjaTrader to use the indicators, it's free at zen-fire.com
Volfix and zen-fire have the exact same volume data, I have added up the total volume in a column of say a 1 minute bar or a 60 minute bar-cluster chart and it is the same as the volume on the same time frame bar chart in NinjaTrader.


There are 2 good indicators. The first one shows a daily histogram, you tell it what start time and how long the session is and it calculates volume over that time. The Red line is Yesterdays Max Volume. I have this using 0 start time and 23 hours session time with chart time of New York hours. NinjaTrader uses your PC clock time to time stamp the bars on a chart so you have to work out session times from there, also you can not use a start time of say... 22.00 and a session time of 9 hours, as 22 + 9 = 31, and there is no such 24 hour time as 31. It's a pain but you can set your PC clock to New York time, sometimes you can get away with just setting your Time Zone but not your clock, but if you keep getting Login errors when trying to connect to a Data Feed then it is probably because your PC Time and TimeZone do not match. Time Zone you can get to by double clicking your PC clock time in bottom right of your toolbar. Unfortunately you tend to have to put up with all this mucking round if you want free stuff when the other free stuff aint free anymore.


The Second one will show a volume histogram for all the bars showing on the chart, use for when you want weekly, monthly or total volume levels. Just zoom out to maximum [ Crtl + UpArrow key] grab the side of the chart window and drag it to size to show all the time frame you are interested in, hint:use the lowest time frame chart you can that will fit in the chart window to get a more accurate result.


Neither of these indicators are perfect, sometime the second one will not show on the chart and you have to refresh it with the F5 key, or drag and resize the chart window either height ways or width ways. There is a lot to learn with a new charting package and indicators so if you think this is too hard, then you are probably right... :-)

If we can get successful result with the www.chart-ex.com site then that would be good. There is a copy of their program at http://www.cmegroup.com/trading/fx/fx/euro-fx.html but who knows for how long. Check out my picture below to work it.


To Import Indicators
1. Download the attached file to your desktop
2. From the Control Center window select the menu File > Utilities > Import NinjaScript
3. Select the downloaded file
4. Open a chart and right click>Indicators
5. Select the Indicator from top left box, click New button, then OK button.

Dean.

Hmm,

I downloaded volfix and couldnt figure out how to select the different commodities - would appreciate some help on doing that.

Also has anyone determined the cost of there service, there may be other ways but I do like thier presentation of the volumes.


Dallas

Click on All Prices
Then click on 3M and the drop down list gives you their instuments that you can look at

I believe that it is $300 for currencies, I think

300$ for just ONE currency