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Strategies & Market Trends : E-Mini Pit -- Ignore unavailable to you. Want to Upgrade?

To: Walkbarr who wrote (11121)	7/21/2004 6:05:21 AM
From: ToTradeWell	Read Replies (2) \| Respond to of 11288

I agree too about lots of bids/offers being pulled in market depth. But if my point & figure charts and candlestick charts are showing resistance (or support), usually I want to see it and confirm it in market depth. With resistance, the offers are no longer pulled. Maybe I watch the pulling more than the actual number. It's certainly not an exact science, just want that gut feeling that more sellers are showing up than buyers. When you offer at 110925, you want to see the number of contracts at that level grow as you are moved to the front of the pile. This is the first thing I look for. If your pile gets bought, how big is the pile (resistance) above you? I've also found it helps me to trade standing up. I have all my computers & monitors at eye level. Traders in the pit are standing up and they are after my money. Not a time to be sitting down.