So in effect it doesn’t concern us really does it.
But doesn’t the market naturally stop hunt, isn’t that the same as seller hunting for buyers and vice versa. If you’ve got $1bn to sell, the price will go down because it will need buyers to fill in which case it will simply hit all the stops and more on the way down.
Seeing as the quotes we get from our brokers originate in the inter-bank market, things which happen there definitely concern us.
But doesn’t the market naturally stop hunt, isn’t that the same as seller hunting for buyers and vice versa. If you’ve got $1bn to sell, the price will go down because it will need buyers to fill in which case it will simply hit all the stops and more on the way down.
It’s the difference between a directed action aimed at intentionally seeing stops tripped and just looking to get a fill.
I see your point, so it using this kind of stuff Foreign Exchange Positions | OANDA Forex Open Position Ratios | OANDA ?
But it doesn’t concern me, it’s not something I need to take into account with my strategy.
The inter-bank market doesn’t give much thought to the retail sector. The relative volume is only a fraction.
But it doesn’t concern me, it’s not something I need to take into account with my strategy.
Only matters if you’re a short-term player putting stops near the same places alot of others use.