Broker Volume - Question
Feb 25, 2014 at 07:41
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5 Replies
forex_trader_155894
Biedrs kopš
4 ieraksti
Feb 25, 2014 at 07:41
There is a volume spread sheed in the link - the question, what answer I dont know is:
The number represents what ? Which units ?
- Milions ?
- Tens of thousands ?
- Hunderet of thousands, it is 1 lot ?
https://www.myfxbook.com/forex-broker-volume
So for example 115 means:
- 115 milions, or 115 lots, or it is 115*10 000 ???
Thx for help .)
The number represents what ? Which units ?
- Milions ?
- Tens of thousands ?
- Hunderet of thousands, it is 1 lot ?
https://www.myfxbook.com/forex-broker-volume
So for example 115 means:
- 115 milions, or 115 lots, or it is 115*10 000 ???
Thx for help .)
Biedrs kopš
1718 ieraksti
Feb 25, 2014 at 13:04
Hi
It's a bit misleading.
Volume means in this case the number of ticks /Min
You can have a look to MT4...Ctrl+D display any chart 1Min and look at Volume Indicator.
You will notice as soon as bid is refreshing... Volume increases.
It's a bit misleading.
Volume means in this case the number of ticks /Min
You can have a look to MT4...Ctrl+D display any chart 1Min and look at Volume Indicator.
You will notice as soon as bid is refreshing... Volume increases.
Biedrs kopš
416 ieraksti
Feb 25, 2014 at 21:29
As the foreign exchange market is a decentralized market I would not pay to much attention to volume. Volume information is usually shown in units. In most cases standard lots. 115 = 115 units = 115 standard lots
Regards, Alexander
Regards, Alexander
forex_trader_155894
Biedrs kopš
4 ieraksti
Feb 26, 2014 at 22:19
Hi, and Thx for answer, just I still dont have it..
..should I the spread-sheet read as:
--A) it is number of trades (one tick = one trade ?) per one minute
or
--B) it is real number of real volume in standard lots (100 thousands)
by the named brokers in the spread-sheet ?
The higher volume = the higher activity = the more trades and the higher number of traded lots ?
..should I the spread-sheet read as:
--A) it is number of trades (one tick = one trade ?) per one minute
or
--B) it is real number of real volume in standard lots (100 thousands)
by the named brokers in the spread-sheet ?
The higher volume = the higher activity = the more trades and the higher number of traded lots ?
Biedrs kopš
1718 ieraksti
Feb 26, 2014 at 23:17
I don't know if we are talking about the same thing:
Brokers won't tell you volume (Lots) traded.
Brokers won't tell you volume (Lots) traded.
Pielikumi
forex_trader_155894
Biedrs kopš
4 ieraksti
Feb 27, 2014 at 18:18
CrazyTrader posted:
Brokers won't tell you volume (Lots) traded.
Ah, ok, this was what I wanted to know.
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