So what exactly moves the market again? | Traders Hideout


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So what exactly moves the market again?

  #11 (permalink)

Athens Greece
 
Trading Experience: Beginner
Platform: Sierra Charts
Broker/Data: Transact Futures / Interactive Brokers
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ClearLog's Avatar
 
Posts: 29 since Jul 2016
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##"Markets move up when their are no sellers left at the ask price##

Something is wrong I think here. If there are no limit sellers (offers sitting above the market price) then there is no way market moves up. On the other hand if at a level there are no aggressive sellers meaning there is no one to sell with market order then there is no way market moves lower. Is there a possibility the statement that you read is meant to repfair to other matter or you didn't understood it well ? Because as you write it... it makes no sense.


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