I was taught the basics of using the OANDA order book by a Crab Trader.
I was taught by the Crab Trader about what beginners should remember about the OANDA order book. It explains the basic use of the order book, so this video is essential for those whose understanding is still a bit fuzzy. Also, since the order book is a convenient tool that lets you view the positions of traders trading on OANDA, if you are an OANDA user and have never used it, why not try using it while referring to this video?
What you can learn from this video
In this video, you can learn the following:
- Beginners should develop the habit of looking at the non-cumulative order status of the order book
- When the spread between the top-right and bottom-left stop orders is biased toward one side, an edge is created
- Pay attention to stop orders rather than limit orders
- A long-reaching touch of a stop order is likely to reverse
- The dollar/stock currencies tend to function more easily, while during events or economic indicators they function less
● Video: 9 minutes 45 seconds
Crab Trader Profile
Started YouTube Live on January 15, 2018. Trades are broadcast live from noon to midnight for 12 hours. With the theme “Make money, right before your eyes” and “Make money, right before your eyes too,” every day all entries, orders, and stop orders are公開.
YouTube Channel:fx CrabTrader KazYoung
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