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Why Volume Matters when Trading FX?
There is a myth out there that suggests that volume in fx markets does not exist and furthermore if it did, it cannot be calculated. The reason for this explanation is as below:
#forex #fx #forextrader #forexmoney
independentinvestor.com/forex/how-curr…
There is a myth out there that suggests that volume in fx markets does not exist and furthermore if it did, it cannot be calculated. The reason for this explanation is as below:
#forex #fx #forextrader #forexmoney
independentinvestor.com/forex/how-curr…
Stocks and Futures are traded on a centralized exchange, therefore each trade that goes through is recorded and therefore is readily available, making it very easy for a trader to view the volumes on any given day.
independentinvestor.com/forex/strategi…
independentinvestor.com/forex/strategi…
In fx however, there is no actual centralized exchange, rather fx is traded through an inter bank system, thus making it very difficult to see what the volume is and where it may be coming from.
