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So what exactly moves the market again?

  #13 (permalink)

Athens Greece
Trading Experience: Beginner
Platform: Sierra Charts
Broker/Data: Transact Futures / Interactive Brokers
Favorite Futures: YM
ClearLog's Avatar
Posts: 29 since Jul 2016
Thanks: 62 given, 24 received

##"Markets move up when their are no sellers left at the ask price##

Or this example could be simply mean that if market Is offered at price X and there are 1 limit order siting at the offer then the only way to move the market higher is that 1 market order hits that offer so there are no more limit sellers at the offer now and who ever want to buy with a new market order he will be the one that will move the price higher..

Or maybe if you rephrase the statement as
##"Markets move up when their are no sellers with limit orders left at the ask price X and a buyer is hitting the market order button to hit a limit sell order assuming there is one offered at the next level which is X+1##

No way I simplify better !![emoji1]

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Last edited by ClearLog; May 12th, 2018 at 07:06 AM.
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