How to Utilize Broker Buy-Sell Ratio

Oanda / Zulu trader are brokers, both of which strive to display the buy and sell sentiment carried out by market participants. This data is of course taken from the numerous trading activities that transact with the broker. This will certainly be different from survey results conducted by other brokers such as dukascopy, forexyard, Saxobank and others.

You can utilize this buy and sell sentiment with the size of your analysis. If your technical analysis supports buying and the survey presents strong buying sentiment, this could be your decision to make an OPEN BUY.

Thanks

For Mifdacell,

The buy/sell ratio displayed on the Zulutrade platform represents market sentiment at that time. So if you find a buy/sell ratio on the EUR/USD pair of 60% (sell) and 40% (buy), it means that 60% of traders have taken a Sell position and the remaining 40% of traders have taken a Buy position.

Thus, trader sentiment towards the EUR/USD pair at that time was bearish. You can then use this information as a reference when opening a position. In this case, you only focus on looking for Sell opportunities.

Hope this helps.