IS the NYSE Open Book reliable?

Discussion in 'Trading' started by oliver777, Jan 29, 2006.

  1. you have to use the open book to see the size that will possibly come in. Also it is a good indicator to see if a size is chasing, COMBINE the open book with the level two MM and you have a good strategy going. Basically for me the open book gives me a reason to be in a trade and reason to get out of a trade.
     
    #11     Jan 31, 2006
  2. I use regular market depth

    And Level 1 Bidsize AskSize


    mostly for liqudity though

    although I'm proabbly trading blind though :D
     
    #12     Jan 31, 2006