Thanks for the input. Are all of those volume indicators available on the MT4 platform, or only through your online platform? Would you be willing to speculate as to which type is the most valuable?

How useful is volume to a forex trader?

Your gold analogy is a solid one (and pointing out that it's "not even edible" did crack me up). Still, consideration of production costs may help to derive some hint at it's value? If you knew that the price of a security would never breach a ...

Understanding value

Just out of interest, who was it that said "A transaction is an agreement on the price and a disagreement on the value"?

Understanding value

Alternatively, do you think it's (theoretically) possible to objectively calculate changes in value based on changing variables? If not, do you think that there are any objective attributes of value? Would you be confident in saying that 1kg of sand ...

Understanding value

I like that quote very much. In the context of speculative purchases, it makes perfect sense. However, would you agree that it was true for the purchase of goods for personal consumption? I mean, if you bought a bag of carrots at the supermarket, ...

Understanding value

I think it's important to focus on both price and value. To me it seems that price and value may move independently of one another in the short run, but should be somehow correlated in the long run. I mean, couldn't one argue that what happens when ...

Understanding value

What, in your opinion, is a preferable source of knowledge?

Is it worth paying for an online trading course?

Thanks for the help guys.

Advice on creating my first system?

In forex, or in any market? Are there any circumstances in which you believe that volume can be useful?

How useful is volume to a forex trader?

Thanks for the response. Can you recommend any UK brokers who're likely to provide reliable volume data? The 2 demo accounts I've been using are with Alpari and FXCM. Are either of those brokers you would trust?

How useful is volume to a forex trader?

As I understand it, it's best used as confirmation of initial analysis. For example, if you've decided that a reversal is likely to occur, then volume should be decreasing. Is this correct?

How useful is volume to a forex trader?

Excellent, thank you!

Can statistical methods be used to create a trading strategy?

Apologies for the belated response, I've really appreciated your help with this. I'm still not certain on exactly how low pass filters work, and I've struggled to find any online sources that explain the calculation behind them. I've also struggled ...

Can statistical methods be used to create a trading strategy?