Friday, October 28, 2011

Phony Cronies...


Just a thought...

What if bid sizes and ask sizes could be faked? Suppose you put in a very high bid size knowing that it's never going to get hit or put in a very high ask size knowing no one else will be able to catch such a high volume?

Are bid and ask sizes entirely reliable?

I'm thinking of shifting my focus away from these two parameters alone - and hopefully, Money Flow could be a more accurate indicator.



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