My head spinnnnnns from so many colored dots…

G.

Sorry, it was a reply to simplex last post. I quoted the wrong post.

G.

Sorry, it was a reply to simplex last post. I quoted the wrong reply.

G.

As already explained: a “Tick”, in the FX “Volume” parameter, is one price change.

If the “Tick” caused price to go up, what is the volume direction of that tick?

G.

1. For prediction of next move you’ll need the Volume DIRECTION.

2. Only last 1-2 tick-rate time-window/interval and their direction will determine next bar initial move.

G.

1. For prediction of next move you’ll need the Volume DIRECTION.

2. Only last 1-2 tick-rate time-window/interval and their direction will determine next bar move.

G.

Not all brokers have “dealling desk”. Some are ECN/STP.  Even those with “Dealling Desk” are backing themselves in the market.

In any case, retail market is ~6-7% of the total FX market.

The Volume or “Ticks” data is coming from the Interbank and shown by the broker in your Mt4 terminal after adding its spread.

G.

Not all brokers have “dealling desk”. Some are ECN/STP.  Even those with “Dealling Desk” are backing themselves in the market.

In any case, retail market is ~6-7% of the total FX market.

The Volume or “Ticks” data is coming from the Interbank and shown by the broker after adding its spread.

G.

To prove to yourself the above just watch major announcements, minutes or seconds before the events.

You’ll see price “spikes” without much movement in volume. Those are the “fools money” trying to guess the direction and get quick pips.

If it was some major financial institution behind it – you will see the volume move in that direction.

G.

To prove to yourself the above just watch major announcements, minutes or seconds before the events.

You’ll see price “spikes” without much movent in volume. Those are the “fools money” trying to guess the direction and get quick pips.

If it was some major financial institution behind it – you will see the volume move in that direction.

G.

To prove to yourself the above just watch major announcements, minutes or seconds before the events.

You’ll see price “spikes” without much movent in volume.

G.

Increased volume (either up or down) will move price from its current rate.

That’s the equivalent of supply & demand, basic laws of any “free” market. The declaration itself that “I want to buy” will create the demand.

On the other hand and in extreme cases, TOTAL lack of Volume will create chaos in the FX market. See the EURCHF in January…[Read more]

Yes, I can say that Volume IS a LEADING indicator… there are two arguments for that:

1. Freedom of Speech…. (see US ammendments)    :-}

2. Analyzing correlation and timing on Tick-chart. I did it on milions of data points, verifying this over and over, again and again.

Furthermore, I can even show you the “reverse” effect, i.e. when pr…[Read more]

Yes, I can say that Volume IS a LEADING indicator… there are two arguments for that:

1. Freedom of Speech…. (see US ammendments)    :-}

2. Analyzing correlation and timing on Tick-chart. I did it on milions of data points, verifying this over and over, again and again.

Furthermore, I can even show you the “reverse” effect, i.e. when pr…[Read more]

Incoming “Ticks” are not depended on price chart TF. You should get the same Tick-Rate/sec in M1 and H4…

G.

The explanation is quite simple.

Volume IS correlated to price movement, but since it’s a LEADING indicator – it will mostly manifest the correlation BEFORE the price movement.

That’s also explains the “Doji” effect, i.e. High Volume and minimal movement – the price movement WILL come in the next bar or tick.

Your High/Low movement…[Read more]

The explanation is quite simple.

Volume IS correlated to price movement, but since it’s a LEADING indicator – it will mostly manifest the correlation BEFORE the price movement.

That’s also explains the “Doji” effect, i.e. High Volume and minimal movement – the movement comes in the next bar or tick.

Your High/Low movement explanation of…[Read more]

The explanation is quite simple.

Volume IS correlated to price movement, but since it’s a LEADING indicator – it will mostly manifest the correlation BEFORE the price movement.

That’s also explains the “Doji” effect, i.e. High Volume and minimal movement, and the movement comes in the next bar or tick.

Your High/Low movement explanation of…[Read more]

“Volume”, in Forex, is basically “ticks” – i.e. number of price changes reported to the broker by the Interbank.

Based on that you can count the “Ticks” per second, per minute, per bar, or whatever – based on the incoming “Volume” parameter in the Data-Window or via MT4 readings of that parameter.

To be accurate you’ll need fast PC and fast…[Read more]

“Volume”, in Forex, is basically “ticks” – i.e. number of price changes reported to the broker by the Interbank.

Based on that you can count the “Ticks” per second, per minute, per bar, or whatever – based on the incoming “Volume” parameter in the Data-Window or via MT4 readings of that parameter.

To be accurate you’ll need fast PC and fast…[Read more]