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Re: DOM games
What I've noticed here is that when you see heavy buyers or sellers sitting, they can act like a magnet. Price seems to gravitate towards them.
Now the question is why... why does price want to gravitate there (if it in fact does on a regular basis)? Are trades being filled there or do 'they' know that 'they' can create artificial pressure?
The above post I put was a great example. There appeared to be heavy sellers a few times and price has continued to rise. At first glance, it would seem that there was some possible resistance there; however, that was not the case at all...
It would be interesting to see some documented research on this topic. Is there really something there to use? If so, could it be used in a discretionary approach or would this require ultra-fast timing by computers...
Just some ideas, a little talking out loud here.
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