Order flows / market position

Discussion in 'Forex' started by stockman20, Mar 6, 2007.

  1. Interview excerpt from a back-dated issue of a trading mag regarding FX trading:

    "....you have to have a very good handle not only on fundamentals and technicals, but also on order flows. This is easier said than done; in order to have this knowledge, you have to develop your contact in the market. You can also get some clues from the open interest out of Chicago, because they trade futures on the International Monetary Market."

    Anyone care to comment on this, as far as what this exactly means, and where you can get this information?
  2. jsmooth


  3. Interesting article jsmooth, thanks for the reply.