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Friday, May 02, 2014 7:17:55 PM
On the other hand, if I want to whack the bid and sell my position quickly… My sell at the bid is registered as a sell and the person who bought it, bought it at the bid. A buy and a sell occurred at this level but is recorded as a sell because it happened at the bid…
So, if the majority of the trades were recorded as buys… That means that most of them occurred at the ask which is a bullish sign… People were willing to pay the ask for people selling at the ask more often than the opposite.
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