Hey,

Several times I came across those Net Positions charts like here and here.

They represent "Net Positions (buy+sell) Market maker Order Book (Open orders, Open positions)"

Only market makers have access to this data about stop-losses, take profits, open positions...
I am struggling to understand them EXACTLY.

Does anybody who understand those graphs can provide a clear and detailed explanation of what is represented here?

Thanks !

Hi @VideoPac

I'm not familiar with those charts. Are they for ForEx?

Hey,
Not particularly, they are for every future market where a market maker participate.
These informations are provided to market makers by the exchange.
I am currently reading a very interesting book about the market makers behavior on future markets and how to profit from it. The graphs I am talking about are shown in the book (page 11).
The eBook is free to download on the author website. I highly recommend to have a look, i'd love to talk about it.

is it actually possible to map out the stops of People with just this data?

Hey,
This date is supposed to represent the locations of the stops and take profits sent to the exchange, so yes I guess you can know how many stops and take profits are resting at each levels if you know how to read it.

these're from "Oanda", looked them up, it's a FX bucketshop. These charts are probably part of their marketing tool to lure guys into thinking they'll have an edge.

Originally I didn't came across these charts on Oanda, as I said I saw them in a book. I just googled the name of the chart and found a copy on Oanda.
It's not a chart that is supposed to help you earn money. Just a representation of the market makers order book.