Summary

  • When examining the intraday cash forex markets with their futures markets equivalents in Figure 10.1 and Figures 10.2 in Chapter 10, attention was drawn to the flatter curves in the futures. In virtue of this chapter we can now see why, according to volume characteristics, there would be variation in the curves as a result of fluctuations in volume data between the two markets.
  • Likewise when Chapter 10 warned that using illiquid futures or ETNs of counterpart cash FX markets could result in inaccurate support and resistance predictions in the latter, this chapter again explains why this kind of extrapolation could be a danger.
  • When Chapter 10 raised the question of whether an actual cumulative volume feed from the market is redundant ...

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