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Do you use futures volume for Forex trading?

  #9 (permalink)

san diego
Trading Experience: Intermediate
Platform: FXCM MarketScope, NT, Interactive brokers, AMP
Broker/Data: FXCM, Interactive Brokers
Favorite Futures: FOREX, IWM, SPY, XLE, NQ
Posts: 224 since Apr 2010
Thanks: 70 given, 129 received

I always check the pip spreads before trading. That gives me an idea of what I am paying for liquidity. FXCM's Marketscope has a front panel that gives you a list of the currency pairs with the pip spreads. Marketscope has volume and something called "transactions" but I never use it.

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