Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Yes, I have observed this many times but, as with all things market, the condition can still resolve in either direction - price moving or offers moving, with or without a great deal of liquidity consumption in the process. In other words it makes for pretty pictures but little in the way of usable edge.
Indeed. It is definitely not an edge. As a matter of fact, I don't even take trading decisions based on the DOM as there always seems to be some sort of manipulation, as is the case with equities (spoofing etc.)
This alone in itself is not an edge. Coupled with recent price action, time of the day, are there any icebergs, do the orders come and go, etc ... that might give you a clue or two ...