Where's the volume???

[Anonymous]

Volume is activity. Therefore tick volume is a useable replacement for actual volume. I use VT from CMS because they offer tick volume in forex. I could not trade without it. Trading without volume is like buying a car without a gas tank. How can one judge EFFORT (volume)? And without effort, how can you measure RESULT(range)?

While it is true that there is no centralized exchange in forex, it is not true that volume is not available. Years ago I used to believe that volume figures where hidden because certain people or institutions did not want to have their positions known. I did not realize the implications of this. YES certain people and institutions are keeping truths about where they believe the market will go. More exactly, where they are taking the market.

Volume is the major indicator of the Professional trader. It is keep from the retail trader not because it is not necessary for the understanding of market dynamics, but because it is.

[torero]

I see what you mean. TS provide tick charts, so I can use that to measure volume, best we can do I suppose.