Volume indicator for forex markets?
Hello, i selling forex markets and i want to find an indicator similar to "volume" which i use when i merchandising commodities because this indicator is very critical in my trading disicions. Can someone keep from?
If your trading decisions are sweet deficient in term, as already suggested volume will only reflect your brokers observations and platform not the entire market. metatrader charts is generally used and has vol indicator, free also, so it might help. OBV (on compensate for volume indicator) might also be of aid.
If your trading decisions are longer basis then look at the Official COT report ( Commitments of Traders)
http://www.cftc.gov/MarketReports/Undertake mentsofTraders/index.htm. (scroll to Chicago Trade Exchange). It's lagging data but it does give you a heads up on volume of quick and long positions.
Dealing volumes were low with parts of Europe out for the Ascension Day break, even as equities turned red after a steady start to trading, with banking stocks among the worst performers. The euro also hit its lowest floor against the yen since Feb.
