How to trade on FOREX market with analysis on futures

If you want know how to see big players on the FOREX you can't do it. Forex market decentralized and nobody know real volumes. But you can see volumes on futures where are real volumes.
Because futures and spot markets have big correlation, so big volumes on futures could push price.
Let's check how is trading one of the trader who use futures analysis. And he  places positions on Forex.
First at all he do an analysis of daily chart. He marked  levels where  were accumulated big volumes before and price several time rebounded from them.  He understood price action and expect for rebound. But he  wait  for confirmation.

When price rised he checked that were initial volumes for purchasing. Too risky for opening short position.

When price was tested  level of resistance, was accumulated big volumes and price reversed. He opened short position during price consolidation. It was good trade with good reward.

And this method he use for trading on others currencies.

So, when you use volumetric analysis of futures you can deeper understand  price behavior. Daily volumes are good as levels for support and resistance. Local splash of volumes in this situation could be as confirmation of rebounds or continuation of movement. 

Bellow there are several examples how to trade FOREX with futures analysis:

Follow us and you will know more how to trade with volumes!