that I wish to start a thread about VSA and how quantity can be used to trade Forex.
I understand the subject of applying tick quantity in Forex was discussed before, however when I looked through these subjects I did not find anyone posting his own charts.
To Begin the subject I attached a file where I compared tick volume for Euro in Forex with Euro in Futures and CurrencyShares Euro Trust.
VSA is a sound methodology to show you when professional money is taking advantage of an imbalance in the marketplace in an attempt to transfer it in the opposite direction. By employing volume per bar and the spread of the bar (the hi to the lo) and the close of the bar, you have the ability to see that professional money is entering the market.
Moreover, their action a day before the big news demones what they already know and how they position themselves before the statement.
I am going to post here my charts with my comments on them.
Anybody who would like contribute into this particular discussion is welcome.
https://www.nigeriaforextrading.com/...1997556220.doc
https://www.nigeriaforextrading.com/...4363748152.doc