volfixtrader
Member
- Messages
- 86
- Likes
- 2
Hi guys
I want to show how you can trade volumetric analysis for currencies pairs. It's sound some strange, but spot market of currencies is not regulated. So we can exactly know about volumes and trades. But there are CME group (Chicago Mercantile Exchange) where are trading futures on currencies. And because CME reports to regulators we can exactly know about volumes and price behavior. Despite that global spot market is much bigger, price of futures have big influence on spot market. Correlation between price on spot market and futures is very high and close to 100% (but certainly not 100%). Below I will publish volumes level and market overview and you can decide how it works. Sorry for my English it's not my native language.
I want to show how you can trade volumetric analysis for currencies pairs. It's sound some strange, but spot market of currencies is not regulated. So we can exactly know about volumes and trades. But there are CME group (Chicago Mercantile Exchange) where are trading futures on currencies. And because CME reports to regulators we can exactly know about volumes and price behavior. Despite that global spot market is much bigger, price of futures have big influence on spot market. Correlation between price on spot market and futures is very high and close to 100% (but certainly not 100%). Below I will publish volumes level and market overview and you can decide how it works. Sorry for my English it's not my native language.
Last edited: