How To Trade Forex Volume With Futures...

I have recently been studying if indeed Forex could be tracked with Volume with any degree of certainty and probability. I have been researching this for the last several months and am now testing this final solution I've come up. As I know the Spot market is the leader for the currency futures I am using a footprint chart using a data feed from BNP Parabis from Kinetick. This will be on ongoing forward test but it looks very promising so far. I will attempt to journal this with explanations as to what I see and why I took certain trades and stayed out on others. More posts to follow.

Pictured is a shot of my Levels that I draw pre market. These Low Volume Nodes are simple low volume areas that Institutions like to bounce off of. These are automatically drawn on my entry charts once I place them on my LVN charts. Couldn't trade without these levels.

Hi,

Are these charts free. If so, can u please post a template for them.

Thanks and regards

My charts are comprised of a software package from NOFT....But...you can get Ninjatrader for free and the Footprint charts you could theoretically get them for free from Futures.io by going there and searching GOMI footprint charts. The data feed however for forex I do pay for. It's from Kinetick and its there Institutional data feed and I have set each intrument data feed with the contributor code set to BNPF (BNP Paribas). Example: EURUSD.BNPF. I can think of no simpler way of trading Forex than utilizing forex data and piggybacking on the futures. After all the CurrencyFutures move based on the Spot market. This is trading at its simplest. Feel free to ask me if you have any more questions.

First of all, Thank you greatly! This is wonderful information.. Sorry to resurrect this thread..

Question: Do you see this as an advantage in any way, shape, or form for more long term trading? Perhaps intraday swing, small swings, or just longer than a few mins...



Thank you again!

Anybody out there? Have some questions ...

stumbled on this great tread started! but its dead, where is OP?