Volume in the Forex Markets – Useful or Not? ☝️

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What is Volume in Forex Trading? http://www.financial-spread-betting.com/forex/forex-trading.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Ways to gauge volume in the FX market. The foreign exchange market is basically decentralized meaning that there is no centralized exchanged. What does that mean to us traders in terms of volume? Volume is very easy to be verified in stocks but with forex it is different. If we look at TradingView we have a volume field; that volume originates from the feed that tradingview use. TradingView uses different brokers’ feeds… Can we rely on this volume to make decisions? If we are using VWAP (volume weighted average price) then perhaps we can utilise this as a representation.

Comments

Jules Bar says:

Aside from tradingview, any other site provide good volume?

Narak says:

So that's mean I can use Volume to forex "without problems" right? (Sorry, I need confirmation cos I'm Brazilian and I don't dominate your language yet, I'm still learning:)

Obs: I use trading view too, and I use Volume just to confirm the right time to get in the market

MonteNegroMCMLXXXV says:

So… how to you bloody use volume as an indicator to determine price movement?!?!

Ἀριστοτέλης says:

Excellent explanation…you answered part of the question that drove me to your video. Would it stand to reason that having an account with a major brokerage, or an Introducing Brokerage that is associated with a major investment bank, would expose you to a better (and more comprehensive) volume number? If so, who's the biggest "Big Dog" I could run with in the Forex markets? 🙂

Thomas Immler says:

cool interessant

lokone303 says:

i use volume in that way (among with other factors on my stragetgy) to have a kind of last sequence of actions to confirm "the train is going to start to move"

now i have more detailed information about volume indicators so thank you 😀

RD A says:

Very interesting!!

Chris Mel says:

I am the first commenter. nice

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