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Broker Volume - Question

forex_trader_155894
Členom od Oct 13, 2013
4 príspevkov
Feb 25, 2014 at 07:41
Členom od Oct 13, 2013
4 príspevkov
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 ?
http://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 ?
http://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 .)
Členom od Nov 21, 2011
1601 príspevkov
Feb 25, 2014 at 13:04
Členom od Nov 21, 2011
1601 príspevkov
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.
Členom od Jan 16, 2014
401 príspevkov
Feb 25, 2014 at 21:29
Členom od Jan 16, 2014
401 príspevkov
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
Členom od Oct 13, 2013
4 príspevkov
Feb 26, 2014 at 22:19
Členom od Oct 13, 2013
4 príspevkov
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 ?
Členom od Nov 21, 2011
1601 príspevkov
Feb 26, 2014 at 23:17
Členom od Nov 21, 2011
1601 príspevkov

forex_trader_155894
Členom od Oct 13, 2013
4 príspevkov
Feb 27, 2014 at 18:18
Členom od Oct 13, 2013
4 príspevkov
CrazyTrader posted:
Brokers won't tell you volume (Lots) traded.
Ah, ok, this was what I wanted to know.

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