spot forex volume & sierra TPO

[whenitsgone]

hi guys, basically i trade spot forex and have recently started to dig in a little bit of tpo/market profile. just wonder if anyone uses sierra tpo for spot forex? i understand tpo analysis would normally require volume data but there is no such thing in uncentralized spot forex. so would that be a compromise? i've been searching up n down on net with no joy. any thoughts would be much appreciated,

 

[Rhody Trader]

Ideally, you'd use volume for MP/TPO charting, but working just with price is still useful. If you really want to use volume you can use the futures as a proxy, just so long as you understand that it represents only a fraction of the market.

 

[whenitsgone]

Thank you John, that's very helpful,appreciated.:clap: