Traders Laboratory - View Single Post - Help understanding the Tape.
View Single Post
  #5 (permalink)  
Old 04-09-2007, 03:11 PM
Yigal Yigal is offline
Yigal has no status.

 
Join Date: Feb 2007
Posts: 9
Thanks: 0
Thanked 0 Times in 0 Posts
This member is the original thread starter. Re: Help understanding the Tape.

Quote:
View Post
One thing that comes to mind is that you were not actually seeing selling but instead buying at the bottom. Those orders were basically limit orders. Did you see alot of contracts on the red without further price decline? Many times, longer timeframe traders will have orders set before hand.
Thanks, didn’t think of it in this way. Appreciate your help.

Reply With Quote