I'm reading a Forex Order Board but I don't understand what it's saying. Can someone please explain what the following means:
USD/JPY Offers at 122.40/50 with stops above 122.50. Offers at 122.60/65 with stops above. Offers from 122.80 to 123.00. Bids at 121.70/75/80 from model funds. More bids at 121.50/60 with stops under 121.50. Some bids at 121.40 with more at 121.30 with stops at 121.20. Bids at 121.00 with more bids at 120.75/80.
Thanks
USD/JPY Offers at 122.40/50 with stops above 122.50. Offers at 122.60/65 with stops above. Offers from 122.80 to 123.00. Bids at 121.70/75/80 from model funds. More bids at 121.50/60 with stops under 121.50. Some bids at 121.40 with more at 121.30 with stops at 121.20. Bids at 121.00 with more bids at 120.75/80.
Thanks