Review Volume levels for EUR/USD, GBP/USD, CAD/USD, AUD/USD

volfixtrader

Member
Messages
86
Likes
2
Hi guys
I want to show how you can trade volumetric analysis for currencies pairs. It's sound some strange, but spot market of currencies is not regulated. So we can exactly know about volumes and trades. But there are CME group (Chicago Mercantile Exchange) where are trading futures on currencies. And because CME reports to regulators we can exactly know about volumes and price behavior. Despite that global spot market is much bigger, price of futures have big influence on spot market. Correlation between price on spot market and futures is very high and close to 100% (but certainly not 100%). Below I will publish volumes level and market overview and you can decide how it works. Sorry for my English it's not my native language.
 
Last edited:
17.11.2016 EUR/USD (6E ticker on CME) 15 m Chart

6? 17.11.jpg
 
Results EUR/USD 17.11.16

yesterday's levels on EUR/USD were not so accurate, but anyway were some good points for intraday trading.

6? 17.11 R.jpg
 
EUR/USD Levels for 18.11

Downtrend still strong. Expect for accumulation of volumes below before price could rebound.

6? 18.11.jpg
 
Eur/usd

If we check week chart 1.058 the latest forpost. If price accumulate big volumes on week chart below this level and and after go down. Fall can be strengthened.

6? 18.11 Week.jpg
 
18.11 6e Results

In friday levels were too accurate so there were short and long tardes without risk.

18.11. 6E.jpg
 

Attachments

  • 6? 18.11.jpg
    6? 18.11.jpg
    511.4 KB · Views: 378
6b 18.11 Results

For GBP in friday were good trades from the 1.243 level. Price two times tested this level and rebounded from it.

6b 18.11 RES.jpg
 
Current situation on day Chart EUR/USD

Strong downtrend on EUR/USD. I don't see for purchasing in middle term. Big probability of rebounds from 1.656, 1.071, 1.0738. Not enough volumes for break downtrend.

6? Day 21.11.jpg
 
6b 21.11.16 Results

It was unexpected for me. But price fast moved up and has broken all levels. Sometimes it happens, so we should use stop losses.

21.11. res 6b.jpg
 
Top