How to View the Market Using the OANDA Order Book Learned from the Crab Trader
The ratio of positions held by market participants is what you should pay attention to when trading. 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’ll have a crab trader explain how to read the market using OANDA’s 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
- Avoid entering at price ranges with a high ratio
- Using the order book to read the psychology of market participants
● Video: 8 minutes 45 seconds
Profile of the Crab Trader
Started YouTube Live on January 15, 2018. Trades are streamed live from midday to midnight for 12 hours every day. With the themes “Make money, right before your eyes” and “Make money, right in front of you,” he discloses every limit order, stop orders, and entries daily.
YouTube Channel:fx Crab Trader Kazu-Young
How to watch FX videos
For readers who purchased the article, the FX videos are embedded at the bottom of this article. Click the play button to start the video.