Here is where the nearby clusters of orders are in EUR/USD
- Sellers 1.1230 through to 50, mingled with stops above 40
- Buyers 1.1140/50, stops below, Buyers again 1.1100
Currently 1.1195
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ps ... I have written this before but i like to rehash it from time-to-time:
... these market orderboards convey where there are clusters of orders in the market. There are orders at pretty much every tick in the market (round numbers, despite everyone knowing better, are particularly attractive), there's always (not always, most mostly) interest pretty much everywhere, always a bid, an offer, a stop, and so on ... so what you are looking at here is where the clusters are. It isn't complete, it can't be. Anyone who tells you they have the lowdown on every order and interest in the market is bullshitting mistaken in his mind ;-)
