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#22 (permalink)
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Springfield, MO/USA
Trading Experience: Advanced
Platform: Jigsaw
Broker/Data: AMP CQG
Favorite Futures: ZN, ZB
Posts: 43 since Oct 2009
Thanks: 49 given,
83
received
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The only issue I have with T&S ("the tape") is that you are only viewing market orders with no heed to the accompanying depth of limit orders at that price. Since every market order buy was into a limit offer, and vice versa for shorts, what market orders "mean" is difficult to determine without regard to the behavior of the depth. IMO.
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