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So in essence one brokers tick volume will be on par with the market as a whole. |
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That is unproven and is subject to considerable debate. That argument presumes that each broker's trading occurs in volume waves that are comparable to the waves of other brokers (and in particular, the volumes injected by the big dogs). I don't think that is necessarily true. It may be (I can't deny that it is possible), but it seems unlikely.
That would be similar to saying that the volume of shopping at Target will be similar to the volume of shopping at Walmart, J.C. Penny or Bon-Ton Stores. I don't think you can say that. Volume in forex varies from broker to broker. Brokers that handle smart money might see volumes that peak at times that are opposite to volumes that occur in the dumber-money retail markets.
So the way I see it, assuming there is a correlation in volumes is very possibly an incorrect assumption.