Do you use futures volume for Forex trading? | Currency Futures


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Do you use futures volume for Forex trading?

  #13 (permalink)

Kalispell montana
 
 
Posts: 158 since Jan 2015
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jonc View Post
are you referring to Real Volume/Transactions Indicators? if yes, I have seen the advertisements on it, it's interesting but my brokerage is not FXCM.

for myself, data such as correlations between pairs, daily volatility are much more helpful than the volume of individual pairs.

For example, when trading AUD/USD I find it is way more helpful to look at what is happening to NZD and CAD ( these are the commodity currencies) and USD/JPY or even CL than looking at the volume that is taking place in AUD or 6A

I was referring to the volume data indicators provided by FXCM.

I have noticed some of the correlations, but have not studied it in depth.

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