Bid Size and Ask Size...tradable?

Yes it Does

 

Can you explain these 4 DOMs please.

 

Whoever said its the only thing he used or the most important, just pointed out that he uses it.

 

1'st DOM is Long trade , note the wall on BID and the P/V action

 

Thank you.
Are you saying that this nearly always happens and that you are able to get your fill when it does.

What programme are you using NT?

 

There is no such thing as always in trading the wall's can be pulled (fake wall) eaten by the market orders(BO) or hold(FBO), they are only part of the puzzle, what is important is the wall location and Price/Volume Action how the price came to the wall and what happened after that event.

 

Thank you
Can you explain this in a little more detail please.

 

When you actually trade for a fund one day like I have, let me know......:eek:

BTW, Merry Christmas and a Happy New Year.....may peace be with you!

 

Ultimately from a "supply & demand" standpoint, the market likes to trade TO size (not away from it). The "walls" shown in the examples are a very temporary event unlike the overall movement of intraday price action to areas where there is resting inventory (size).....just pointing out that quick flash "walls" will not always halt price movements.

 

So why would anyone bother using them if they work sometimes and not others.