Forex Liquidity Forensics: Insights from Axis Bank Ltd., Chennai

The foreign exchange (Forex) market is the largest and most liquid financial market in the world. It has high trading volume and ongoing global participation. However, many retail traders struggle to make consistent profits. They often have a limited understanding of market dynamics and use ineffective trading strategies. This study looks at how liquidity-based smart money concepts, such as institutional order flow and market structure, can improve Forex trading performance. The research focuses on Axis Bank Ltd., Chennai. A descriptive research design was used, and primary data was gathered from 341 respondents through a structured questionnaire. Statistical tools like percentage analysis and chi-square testing were used. The findings show that most traders have a moderate awareness of smart money concepts. Additionally, trading experience plays a significant role in improving performance. The study concludes that using liquidity-based analysis can lead to better decision-making, stronger risk management practices, and improved overall trading results.