A real-time display of buy and sell orders at various price levels for an instrument. Quant-oriented terms like this reflect how statistically-driven approaches to forex have grown alongside traditional technical and fundamental analysis.
A real-time display of buy and sell orders at various price levels for an instrument. Quant-oriented terms like this reflect how statistically-driven approaches to forex have grown alongside traditional technical and fundamental analysis.
It offers insight into short-term supply and demand imbalances. This is the kind of nuance that separates experienced market participants from beginners, since it only becomes practically useful once the basics are second nature.
Available on some ECN broker platforms as a "Depth of Market" window. In practice, traders typically encounter this directly within their trading platform, charting software, or an economic calendar, depending on the specific context in which it arises.
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