Hello. . .its been awhile since I've posted. Private and health problems have prevented me from having the ability to post. . .but I have NOT ceased trading or watching the markets. In my continuing attempt to interpret the lessons I learn from my experience in the futures market I have to ask you all here (the more experienced the better). . .how come men and women use the volume information contained in their brokers?

I have to admit I have gone on record here as saying the volume information on the forex market is practically useless. I repent those words. I have been utilizing the volume advice from my forex broker (oanda) and have found that I CAN interpret some of the classes of my futures trading into the forex market. . .perhaps monitoring although not in the exact same way, but back testing are demonstrating to me in utilizing the volume information which most of us have available to us, the potential.

I haven't studied much about VSA (Volume/Spread Analysis), but I do not thing one needs to get so preoccupied with that. As you may recall from previous posts, I am trading Forex, as a means to grow my savings account...I do NOT look at this market for daily income just like I do the forex market howeverthe same principles I trade there, also operate in this market. . .those of order flow.

A big portion of order flow trading is volume. Specifically those volume metrics which are separated by where people are currently transacting. . .the bid or the ask. Therefore the futures market divides the volume as follows: buying quantity = those transacting on the ask (or the bid in the futures market), and selling volume = those speculating on the bid (or the deal in the futures market). Thus it is no problem to locate anomalies in the futures market utilizing this information provided in each candle.

However, this information doesn't exist in the forex market. BUT there is a way to use the tick volume data on the forex market in combination with price's reaction to that volume and come up with nearly the same thing.

How about you personally? Do you use the tick volume data in your trading? Why? Or why not?