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Strategies & Market Trends : Level II Trading

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To: DD™ who wrote (932)3/8/1999 10:04:00 PM
From: mr.mark  Read Replies (2) of 1086
 
COUNTER CLOCKWISE = RISING PRICE MM screens indicate a rising price when Ask prices pop off (and the levels move up), and the Bid levels are pushed down. You will see the topmost Bid and Ask prices increasing, a fraction at a time.

CLOCKWISE = FALLING PRICE A falling price is indicated by Bid prices popping off (Bid levels moving up), and Ask prices being pushed downward. Again, the topmost price on each side will steadily decrease.

go to this site, and scroll quite a way down the page to the illustration that depicts this movement...

phactor.com

good luck!

mark
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