It has the most open positions because it is the most popular pair. The EUR/USD pair has the lowest spread out of all the currencies. That attracts more "Scalpers" because if your only looking to bag a few PIPs, then you want the lowest spread possible.
That's so cool...I didn't even know this information was available. And it looks like those charts are available to everyone (without needing to login).
Yes you are right, but I just like the way it's charted like that. All I get to look at in level 2 is numbers, but now that I think about it some company out there has to have it in a chart forum.
Why does the EUR/USD have the most open positions (judging from the pie chart)? Is that the currency pair that offers the easiest gains?
talagor 3 years ago
It has the most open positions because it is the most popular pair. The EUR/USD pair has the lowest spread out of all the currencies. That attracts more "Scalpers" because if your only looking to bag a few PIPs, then you want the lowest spread possible.
orionmachine 3 years ago
I am not sure as it was a link from my platform, but yes they are handy. It just sucks that they only update once an hour.
orionmachine 3 years ago
That's so cool...I didn't even know this information was available. And it looks like those charts are available to everyone (without needing to login).
talagor 3 years ago
Interesting, I wish I had that tool for stock trading lol :P.
StockHunter20 3 years ago
Thats basically what level II is as far as I understand it.
orionmachine 3 years ago
Yes you are right, but I just like the way it's charted like that. All I get to look at in level 2 is numbers, but now that I think about it some company out there has to have it in a chart forum.
StockHunter20 3 years ago