Hello,
Just found out that OANDA has something called Forex Order Book. What is it and can it be an asset in trading decisions? If yes, then how to interpret the data received? The more sellers(asking) than buyers = bearish? The more buyers(bidders) than sellers = bullish?
Any light regarding this would be appreciated.
Cheers!
Just found out that OANDA has something called Forex Order Book. What is it and can it be an asset in trading decisions? If yes, then how to interpret the data received? The more sellers(asking) than buyers = bearish? The more buyers(bidders) than sellers = bullish?
Any light regarding this would be appreciated.
Cheers!