How to do the most accurate Ask/Bid Volume Data feeds Analysis and do Order Flow Analysis?

Trading Discussion Currencies
1

Hiya,

1- How to do the most accurate Ask/Bid Volume Data feeds Analysis?
2- How to do the most accurate Order Flow Analysis?
3- How to use these two in Forex(major pairs) trading strategy?

Tnx and best of luck :blush:

2

Whichever broker platform you use, they have in depth information about ask and bid prices based on volumes. For order flow analysis also, these brokers provide charts on their trading platforms which are easily accessible even on your phone. This may help you decide which currency pair will perform based on their historic data.

1 Like
3

Hiya @armandofitzgerald

Thanks. Do you mean Dept of Market data or Level II data or both? And what is the best method to consider these on part of the Technical Analysis we do every day or in Strategy or both, if you know what I mean?

Tnx and best of luck :blush: