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Re: 1manband post# 94170

Tuesday, 06/18/2013 10:50:02 AM

Tuesday, June 18, 2013 10:50:02 AM

Post# of 162649
No, it isn't a difficult concept. The term "buy" refers to a purchase at the asking price. The term "sell" refers to selling into the bid. Buys cause upward pressure, sells cause downward pressure. While it is obviously true that there is always a buyer for every seller, the terms "buy" and "sell" are used to indicate interest and direction of pressure. I-hub shows this in their trade data as seen here...


The trades in the above data fall into either a Buy, Sell or ? column. Again, buys are at ASK, sells are at BID (? is between the ASK and BID). The Buy Ind. column to the right is a graphical representation of pressure. Green represents buys, red represents sells and black represents trades between ask and bid.

All IMHO

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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