Broker Volume - Question | Myfxbook’ın Forex Forumu

forex_trader_155894

Oct 13, 2013 zamanından beri üye 4 iletiler

Feb 25, 2014 at 07:41

Oct 13, 2013 zamanından beri üye 4 iletiler

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 .)

CrazyTrader

Nov 21, 2011 zamanından beri üye 1718 iletiler

Feb 25, 2014 at 13:04

Nov 21, 2011 zamanından beri üye 1718 iletiler

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.

Forex21

Jan 16, 2014 zamanından beri üye 416 iletiler

Feb 25, 2014 at 21:29

Jan 16, 2014 zamanından beri üye 416 iletiler

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

forex_trader_155894

Oct 13, 2013 zamanından beri üye 4 iletiler

Feb 26, 2014 at 22:19

Oct 13, 2013 zamanından beri üye 4 iletiler

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 ?