Dislikedhello jeanlouie,
I must tell that most of your assumptions are wrong, I work on a FX desk in a bank as a trader and I know how this stuff with orders works and it is not in a way as you described,
orders on futures are not so important because they are relative small and they are not affecting the spot price that much, the thing that really matters is orders on spot FX market which is decentralized OTC market so that you dont see the orders and transactions.....only thing you see if you work as a spot trader in institution are your own orders...Ignored
- Joined Aug 2009 | Status: Reading the TAPE | 2,334 Posts
Wyckoff VSA: (1) Supply & Demand (2) Effort vs. Result (3) Cause & Effect