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OANDA Forex Order Book
Open Orders : A snapshot of the trigger points for all open orders held by OANDA clients (meaning limit orders and Stop/Loss or Take/Profit orders on open trades). This information could be interpreted as an indicator of the client price expectations that are contributing to natural resistance and support levels . The graph is divided into quadrants showing whether orders are Buy vs. Sell and also whether trigger price points are below or above the market price at the time the snapshot was taken. Number of orders at each price level is shown as a percentage of the maximum number of all open orders (both buy and sell) during the past 24 hours.Trading Blogs
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