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Ticks

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73
Yellowbeard 2008.05.13 06:46 

Ticks.

Are ticks actually trades? How would you count trades as they are placed? Both BUY and SELL?

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2462
phy 2008.05.13 07:01 

They are not trades.


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1227
BarrowBoy 2008.05.14 16:39 

YB

Each tick is a price movement and not a time increment or trade

See http://www.forexrealm.com/technical-analysis/technical-charts/tick-chart.html

They are the results if market forces - if you trust your broker that is ;)

HTH

-BB-


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2462
phy 2008.05.14 22:33 

"Each tick is a price movement and not a time increment or trade"

Sometimes the price does not move.


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73
Yellowbeard 2008.05.15 04:58 

Doesn't price move because of trades?


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2462
phy 2008.05.15 23:24 

You are connected to a Dealer, who simply advertises a price at which he is willing to trade with you.

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You are not connected to an exchange. You do not see other traders offers. You do not see trades.

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If the Dealer is willing to deal at 1.5005/1.5008 that will be the bid ask.

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If he changes his dealing prices, you will get a tick.

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Sometimes you will get a tick with the same price as current. This can be helphul to prevent

missing bars in low timeframe charts. No tick, no chart bar.

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