Recent content by alphabeta123

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    Reading the Ticker -- Level II

    Shakone and Robster970 are pointing two major points for this behaivor. When the market, on an aggregate is long, ie were trending higher because of the buying, market participants will naturally place limit orders to exit at a certain price. Hence causing more ask orders than bid orders...
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    Reading the Ticker -- Level II

    No... but just forgot other things for now and lets concentrate on the ticker: the level II. Has anyone noticed this contrarian behavior?
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    Reading the Ticker -- Level II

    Guys, I have been trading stocks and commodities for a while and I am still confused with Level II. Its really good at telling you market liquidity but not so much for market direction. I have actually been noticing the opposite of conventional wisdom -- Level II seems to be a contrarian...
  4. A

    Reading the Ticker -- Level II

    Guys, I have been trading stocks and commodities for a while and I am still confused with Level II. Its really good at telling you market liquidity but not so much for market direction. I have actually been noticing the opposite of conventional wisdom -- Level II seems to be a contrarian...
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