if everyone buys in forex, price action goes up?

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nadiawicket
965
nadiawicket  
if everyone buys in forex, price action goes up?
Juvenille Emperor Limited
Moderator
9202
Eleni Anna Branou  
nadiawicket:
if everyone buys in forex, price action goes up?

Yep, but someone has to sell too.

Mafuta Landou
1354
Mafuta Landou  
nadiawicket:
if everyone buys in forex, price action goes up?

It will go up for short period of time before the market maker sell.

Marco Montemari
7613
Marco Montemari  
nadiawicket:
if everyone buys in forex, price action goes up?

I do not think so.

If your broker is ECN your oder is sent to the market so price should go up, but if you are using a market maker(MM) broker your order in 99% of cases is never sent to the market but the MM will play against you opening a contrary position.

nadiawicket
965
nadiawicket  
Eleni Anna Branou:

Yep, but someone has to sell too.

Thx
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