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forex directional real volume

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Leeds UK
Trading Experience: Intermediate
Platform: FXTrade
Broker/Data: Interactive Brokers, CapitalSpreads, Oanda
Favorite Futures: GBP/USD
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Posts: 429 since Apr 2015
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sledmt View Post
does this volume number really provide any value?

I have no idea where FXCM gets its information from, but there certainly seems to be some evidence that on hourly and longer timeframes, there's a statistically significant correlation between tick volume and actual volumes transacted. Perhaps not surprisingly? Whether and the extent to which that has "value" is another matter, and more subjective.

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