Forex charts movement?
February 4th, 2010
4 comments
Mi R asked:
When you look at the chart for any currency pair you can see that it moves basicly every second and the reason for that movement is because of the supply and demand.But how does a computer based chart calculate the supply and demand for a currency at a given time?Or in on the other hand,how can i calculate the supply and demand for a currency at a given time.
When you look at the chart for any currency pair you can see that it moves basicly every second and the reason for that movement is because of the supply and demand.But how does a computer based chart calculate the supply and demand for a currency at a given time?Or in on the other hand,how can i calculate the supply and demand for a currency at a given time.
Also if i buy eur and sell the dollar online am i increasing the demand for the eur or does that only happen if i do that with real money at a bank..?