Forex Trading Daily Forecast EUR/USD 21-May-2012

VOLUME TRADE INDICATORS
Written by Ivan Yurukov   
Friday, 18 December 2009 09:44

indicators-volume-tradeDue to the fact that currency trade takes place on the interbank market instead of on  centralized exchange,  there is no available information about the volume of currency transactions. Without volume data no accurate volume indicators can be derived. Usually the existing  volume indicators are  based on the price alterations. Each tick represents a unit   from the value of the indicator. This method is not precise and gives limited information.


 

Last Updated on Friday, 07 May 2010 10:42