DislikedYeah..I've day dreamed many a times about having access to real-time streaming OI. In the scheme of things you don't need it at that level. To my knowledge, daily fx dot com has a service that updates it twice daily, but I've never looked into it.Ignored
References:
http://www.forexfactory.com/showpost...&postcount=269
"You’re mixing two concepts here. There is the concept of trading orderflow, which requires things like option placement data and open interest at price levels and the concept of technical trading based on valid market mechanics."
http://www.forexfactory.com/showpost...26&postcount=5
"You’ll notice that there is open interest (Level II Vol figures) of various sizes at different price points. Each one of those units represents existing limit orders and in this example, each unit is $1mil in currency."
The picture was removed so I don't know what was here.
Also right above this post:
"Looking at an ECN platform or Level II data on the stock market, one can get a feel for what the orders on EBS look like. The following is a sample representation:"
http://www.forexfactory.com/showpost...2&postcount=83
"1) Any forex news service will share this info as it becomes available. It's quite frequent and reliable. Sometimes you can see it happen in the open interest on an institutional platform. You don't know who or why there doing it, but you can see the book get consumed."
Besides an institutional platform there might be some way to gauge(not exact #s but estimate) open interest through IFR itself. I've seen DS mention this in another thread.