Demand and Supply

Dear All,

Is there any way to know at any given time how many buy and sell order are there for particular currency. Is there is any platform which would show that info ( in demo preferable ). I need to know all the buy and sell order for all forex brokers and interbank , not just one broker.

I am thinking that lets say there are 52M worth of buy order for Eur/Usd and about 45 M worth of sell order, then the price would go up the few pips.

Is any one using this strategy ?? Awaiting for your reply.

You know, there needs to be better sources for beginners. I suppose they're out there, but perhaps a better repository, something that's easily used. I say this because you should know by now that Forex is a decentralized market and that it is impossible to know what the depth of the market is. Even ECNs can only show what's on their network. This should be basic info that is learned in the beginning.

Don't take this personally, it's not about you.

Btw, Z, I'm thinking about doing a course at the Multaqa at UAE University in Al Ain. I've discussed it with them recently and they're all for it. I don't have any particulars yet. I'm thinking along the lines of about 15 hours instruction, maybe over 3 days. Because it's community education through the U, I know it's open to anyone from Al Ain, but maybe you can get into it. The cost will be just to cover the Multaqa's costs, so it shouldn't be more than 4-500 Dhs. I'll let you know how things progress. If it does happen, it won't be for another month or two.