[larsdelgars]

not surprising considering tradeguider is a scam company.

[cashup]

Hi! I'm also new here and trading forex.

Volume in forex is not and can't be based on trasactions made in a session but it's bases on ticks. So i think the VSA works on forex too and very good. Acctualy it works on every market.
So does it matter which broker or platform you trade with? After all the ticks are generated from all traders around the world.

Regards

[BlowFish]

Originally Posted by cashup »

Hi! I'm also new here and trading forex.

Volume in forex is not and can't be based on trasactions made in a session but it's bases on ticks. So i think the VSA works on forex too and very good. Acctualy it works on every market.
So does it matter which broker or platform you trade with? After all the ticks are generated from all traders around the world.

Regards

I don't think they are you will see they vary quite a lot broker to broker (bookie to bookie). Some only show (or seem to show) ticks from their own customers. It also seems that most retail traders that rely on this info use esignal for FX tick's as it is apparently one of the more complete feeds. Even so, as there are no reporting requirements quite a lot does not get reported!

[cashup]

Really? I'll try the eSignal now.

Regards

[BlowFish]

Dunno if you know FX ticks are different to ticks in other markets. In FX it is actually bid ask changes that are reported as ticks where as other markets it is actual transactions.

I looked at some of the popular MT4 'brokers' and things just seemed kinda 'off' to me (and very low tick values). The traders that post here (and elsewhere for that matter) and use tick data for FX seem to favour esignal as apparently it is a more complete feed. Just wanted to make it clear that esig was not my recommendation

[cashup]

Yeah, I've read in this and other forums that the esignal in their opinion is the most accurate tick data provider.

Regards

[cashup]

Is it better to use futures for analysing volume, like Euro fx continuous?

Btw...what's the difference between Euro fx continuous and Eur fx march 2010?


Regards

[razzbarry]

You should start by reading Tom Williams book Master the Markets, free download from 4shared.com - document sharing - download Master the Markets by Tom Williams.pdf

Print it so you can write notes on the pages. Office Max will spiral bind it for your for about $4. Once you have read it, read it three more times. It is impossible to understand it reading only once. Then if you have access to a trading program such as AmiBroker start apply what you learn by looking at volume and price charts and try to understand what is going on. If you have a broker that allows you to paper trade make trades based on your understanding. To get competent this will take months, or longer.

Cheers,
Barry