DislikedAs far as volume goes, how does one measure volume in FX when there is no central bank or exchange as such for this to be measured against ie: where is the data for this so called volume coming from for the indicator to measure this as a whole in the FX market.
It is not possible ?
This is why in my opinion I think volume is not worth looking at in FX markets.Ignored
The volume you get on FX is tick data = tick count from your broker, not the other 140-150 major banks nor other brokers nor other funds...
It has been proven to be around 80% similar too full volume though...
However as I said before, I trade stocks and I use volume. But I do so for seeing who is actually buying and not.
Stupid Example: morgan is buying for 40 million in aapl, selling again 2 days later for 80 million, even though the price is higher/or lower I would get out...