How to read the market using the OANDA order book taught by a crab trader
What to pay attention to when trading is the ratio of positions held by market participants. By understanding whether there are more buyers or more sellers, you can gauge the current trend's momentum and increase your potential advantage. This time, we ask a crab trader to teach us how to view the market using the OANDA order book, which displays unfilled orders.
What you can learn from this video
In this video, you will learn the following:
- Examples of positions using the EUR/USD chart
- It's better to avoid entries in price ranges with high ratios
- Using the order book to read market participants' psychology
● Video: 8 minutes 45 seconds
Profile of the Crab Trader
Started YouTube Live on January 15, 2018. Trades are streamed live every day from noon to late night for 12 hours. With the themes “Make money, right before your eyes” and “Make money, you too, right before your eyes,” he publicly shares all limit orders, stop orders, and entries every day.
YouTube channel:fx Crab Trader KazYoung
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