DislikedYou know, IMHO you would really be better off not to sweat about the open positions of OANDAs books so much. Those positions are mostly the RESULT of general market movement NOT the CAUSE. Sure, at times of extremes, they cause perhaps 20-30 point moves when their orders are targeted by MMs but they do not CAUSE a 100+ pip movement. You will always see the retail being on the "wrong side" of the market but what you don't know is whether that direction will continue. Should the market reverse, so will the positions you see on the book. You need...Ignored
Seriously though, Lumesh is correct in a sense that one can never really tell when the extreme movement is ready to return to the mean. Only the market makers will know that because it is they who determine it (the "when", not the "if")
Those who say it cannot be done should not interrupt those who are doing it