Forex level 2

Pabmove · Dec 24, 2008

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

samuelhogg · Dec 24, 2008

Looks like the NinjaTrader platform, so colours won't make any significance to the broker used.
I don't think anyway.

Pabmove · Dec 24, 2008

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.

ZhStas · Aug 28, 2012

Pabmove said:
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

I have no idea how they put level 2 to trade Forex if this market is decentralized therefore you can't see orders and gauge volume

Omoh101 · Sep 3, 2012

I do wonder how useful level 2 data ios for forex - does anyone use level for forex trading ?

Forex level 2

Pabmove

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samuelhogg

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Pabmove

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ZhStas

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Omoh101

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