Forex: Using volume ticks charts. Expert question | Currency Futures


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Forex: Using volume ticks charts. Expert question

  #6 (permalink)

Montreal, Canada
 
Trading Experience: Intermediate
Platform: Multicharts
Broker/Data: Interactive Broker
Favorite Futures: Forex
 
Posts: 263 since Sep 2010
Thanks: 437 given, 90 received


bnichols View Post
In addition to what @pawnbroker said I'm finding cumulative delta helpful for using volume to trade spot Forex tick charts that have an associated active future (e.g., EUR.USD and 6e).

@FulcrumTrader contributed a couple of amazing videos to futures.io (formerly BMT) on cumulative delta here and here

A (cumulative) volume divergence influenced spot FX trade I made recently is shown here

I've also resorted to a "seconds-per-bar" indicator for tick charts in the past

Thanks

I agree about using the future volume related to a pair like 6E. My problem is, for the moment, getting future quote will cost me extra money for that data. My broker is IB and they don't give it for free. For sure, as soon as my trading business could pay for it, I will get it, but for now, I need to learn to work with the basis

Thanks for the links

Martin

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