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oilnewby

03/07/14 9:14 AM

#98788 RE: trade4money #98787

can you post a screen shot?

fortunegirl07

03/07/14 9:14 AM

#98789 RE: trade4money #98787

Same thing.

votrade

03/07/14 9:14 AM

#98790 RE: trade4money #98787

Perhaps trying to walk the pps down so they can LOAD.

Retired14

03/07/14 9:15 AM

#98792 RE: trade4money #98787

market makers need to leave it alone for a change and let it be

fortunegirl07

03/07/14 9:16 AM

#98793 RE: trade4money #98787

When it shows 100 it equals 10,000.

FF5Racn

03/07/14 9:27 AM

#98802 RE: trade4money #98787

skto is the showing the same,

sjussju

03/07/14 9:29 AM

#98804 RE: trade4money #98787

No worries, that's how it always is before the markets open. Watch what happens after open.

kerooney

03/07/14 9:31 AM

#98806 RE: trade4money #98787

Does that mean they're gone?

Tiresias

03/07/14 9:42 AM

#98825 RE: trade4money #98787

Here is a seldom used way of using Level II to help determine direcdtion.

1- Look below the inside bid price. If you see orders stacking up in fairly significant numbers (each price is colour banded then just look at the thickness of each colour) below the best bid, indications are the price is going lower. What these orders are, at least in my 20 some odd years of trading the Nasdaq for example, is where short interest players have decided to cover. So the more levels you see building below the bid can give a clue as to where the price is headed.

2- Look above the inside ask. If you see orders stacking upin fairly significant numbers, same way of looking as above, then you have sellers who are unwilling to see at the inside ask and have determined they will sell as the price creeps higher.