09.10.2016 06.08.2017 08.10.2016 04.10.2016
By correlating volume levels with price data, traders can evaluate the overall market sentiment. This volume data could add a useful edge to their trading strategies. However, forex trading occurs in a decentralised market. In the absence of a primary exchange through which all transactions are conducted, there is no way to determine the exact When trading using the MT4, the volume is actually a tick counter. Practically, if one tick equals one volume, as the tick moves up and down the volume figures are rising too. In 2011, Caspar Marney, the head of Marney Capital, conducted an analysis regarding the correlation of tick volume to actual trading volume. As the source of trading Intraday on balance volume trading strategy suggests trading in the charts from M5 to M30. I take the USDJPY five-minute chart as an example. There is a very unusual divergence when the indicator breaks through the highs, but the price chart doesn’t.
When trading using the MT4, the volume is actually a tick counter. Practically, if one tick equals one volume, as the tick moves up and down the volume figures are rising too. In 2011, Caspar Marney, the head of Marney Capital, conducted an analysis regarding the correlation of tick volume to actual trading volume. As the source of trading
By correlating volume levels with price data, traders can evaluate the overall market sentiment. This volume data could add a useful edge to their trading strategies. However, forex trading occurs in a decentralised market. In the absence of a primary exchange through which all transactions are conducted, there is no way to determine the exact When trading using the MT4, the volume is actually a tick counter. Practically, if one tick equals one volume, as the tick moves up and down the volume figures are rising too. In 2011, Caspar Marney, the head of Marney Capital, conducted an analysis regarding the correlation of tick volume to actual trading volume. As the source of trading Intraday on balance volume trading strategy suggests trading in the charts from M5 to M30. I take the USDJPY five-minute chart as an example. There is a very unusual divergence when the indicator breaks through the highs, but the price chart doesn’t. Volume = Risk Amount / (Contract Size * Tick Value * Tick Risk * Volume Step) = 20 / (100 * 1 * 892 * 0.01) = 0.02 (rounded). Also note the “Minimal Volume” = 0.01 so I am good trading with a volume of 0.02.
Forex trading involves significant risk of loss and is not suitable for all investors. Full Disclosure. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act. *Increasing leverage increases risk. GAIN Capital Group LLC (dba FOREX.com) 135 US Hwy 202/206 Bedminster NJ 07921, USA. 17.08.2017 11.10.2016 04.10.2017 07.09.2017