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This is a discussion on Forex level 2 within the Level II forums, part of the Methodologies category; Hi guys, I get a level 2 option from my forex broker and I'm trying to figure out how to ...

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Old Dec 24, 2008, 4:49am   #1
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Forex level 2
Hi guys,

I get a level 2 option from my forex broker and I'm trying to figure out how to read it. It has time, price and volume but different from stocks Level 2 (which I've never used to trade before).

Looks very impressive with all the different colours but is it useful for forex? Anyone care to help
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Old Dec 24, 2008, 6:00am   #2
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Who is your broker? If I knew that I could have a better guess at the sigificance of the colours. If you have more info for me I can help.

Happy xmas

GJ
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Old Dec 24, 2008, 9:42am   #3
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Looks like the NinjaTrader platform, so colours won't make any significance to the broker used.
I don't think anyway.
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Old Dec 24, 2008, 10:58am   #4
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Pabmove started this thread lol, I don't like posting brokers up but never mind, just once.

I trade with MBTrading and correct, I've NinjaTrader with it too.
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