Forex? Discussion

[destriero]

How does futures constant-volume charts help you? As far as I know the tail doesn't wag the dog. Am I missing something?

She’s obv right. A marketplace that is 3% of global volume in a decentralized mkt makes the futures volume a worthwhile indicator. This assumes zero arb between cash/fwds/spot #institutional

 

[srinir]

How does futures constant-volume charts help you? As far as I know the tail doesn't wag the dog. Am I missing something?

https://www.theonion.com/blue-line-jumps-11-percent-1819565647

 

[contra]

She’s obv right. A marketplace that is 3% of global volume in a decentralized mkt makes the futures volume a worthwhile indicator. This assumes zero arb between cash/fwds/spot #institutional

Quoted, so those who have you on block can see this.

You'd have to be super #institutional to catch any arbs between the cash/fwd/spot I assume.

 

[destriero]

Quoted, so those who have you on block can see this.

You'd have to be super #institutional to catch any arbs between the cash/fwd/spot I assume.

lol. Meaning that some % of FX futures volume is cash arbitrage. Volume is useless as you imply. Analogous to a 5K lot in JPM options on the put and call and assuming that it’s a synth long instead of a conversion.

 

[contra]

lol. Meaning that some % of FX futures volume is cash arbitrage. Volume is useless as you imply. Analogous to a 5K lot in JPM options on the put and call and assuming that it’s a synth long instead of a conversion.

haha, ahh ok understood.

Many haters, but with destriero... we learn.

 

[D-3C0]

Volume in Forex is not centralised,

My understanding of the volume bars in Forex we see are just the amount of price fluctuations within the time period, not "true volume" that can be measured with other products.

 

[destriero]

Volume in Forex is not centralised,

My understanding of the volume bars in Forex we see are just the amount of price fluctuations within the time period, not "true volume" that can be measured with other products.

Xela is charting futures volume. Almost as worthless. Any spot FX volume feed, unless it’s an ECN like Hotspot or whatever, is going to be cumulative tick.

 

[padutrader]

If that's about me (and please excuse my butting in, if it wasn't) I found E6 and B6 easier and better to trade than EUR/USD and GBP/USD, because one can trade them from constant-volume charts, which improved my outcomes. When I originally switched from spot forex to futures, I was still "retail"/"independent". I still occasionally trade currency futures now, but they're a very small minority of my trades.

by the way my broker says he gets the volume the same place he gets the price......from his liquidity providers.

 

[destriero]

by the way my broker says he gets the volume the same place he gets the price......from his liquidity providers.

Which is why you’re killing it.

 

[padutrader]

Volume in Forex is not centralised,

My understanding of the volume bars in Forex we see are just the amount of price fluctuations within the time period, not "true volume" that can be measured with other products.

if volume is not centralised then price is not centralised and yet you trust price but not volume.
both come from the same place