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What Is IPDA In Forex Trading?
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[QUOTE="moonchild, post: 344160, member: 57467"] IPDA stands for Interbank Price Delivery Algorithm and it became popular because of the renowned trader Michael Huddleston who argues price is an algorithm and it moves according to how the big banks decide to move, add or offload their orders, it got popular as a concept and many people adopted it as a way of trading with even reported success on platforms like Twitter. I have a hard time believing that forex or price is an algorithm, in my opinion it shouldn't even be argued and a trader should try and trade what they see regardless, the truth is it doesn't affect a day trader, you should focused on making a profit not whether price is dynamic or not, there are important stuffs like making money. [/QUOTE]
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What Is IPDA In Forex Trading?
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