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Old 06-01-2007, 04:01 AM
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Default Does anybody know where to get this type of information?

Does anybody know of a link(s) where somebody could get a hold of those reports IN REALTIME of how many long and short orders there are pending for a given commodity, currency pair or futures index? You know the type of information I'm talking about - like how many shorts or longs are pending and at what levels.

I can get this information on my Level II platform at Delta Trading BUT this is ONLY showing me Delta's clients - not the market as a whole.

I know where to get this information for Gold but it is historical so it does not help much.

Is this information sort of 'broker only' or not?

The reason I ask is that I have noticed lately that particularly with things like the DOW and the DAX there are certain significant 'physcological' levels where stop orders have been placed (whether long or short it does not matter). Once these stops get hit they tend to cause a retractment from what I can see.

For example (let's see how close I am):

The DAX 30 or L-DAX is eyeing the 8000 mark (7900 - 8000 today?) and I'm willing to bet that there are whole lot of short stops at around the 8000 mark and the moment these things are hit the price will fall (substantially?) before turning around and heading up again - let's see if I'm learning anything!

Again - I know this is not a 'strictly forex' question BUT this type of information could be very useful for trading currency pairs as well.

Regards,

Dale.
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