Could anyone please go over the principle of scalping with the book again.
Did I get it right: Big orders on the bid or the ask are seen as a kind of wall (micro support and resistance). You see that it holds and then step in front?
What about time & sales? Could this be helpful as well or is it useless, because the information is already too old.
I know that a lot of expirience is involved, but I would like to know about the general framework.
Thanks....
Did I get it right: Big orders on the bid or the ask are seen as a kind of wall (micro support and resistance). You see that it holds and then step in front?
What about time & sales? Could this be helpful as well or is it useless, because the information is already too old.
I know that a lot of expirience is involved, but I would like to know about the general framework.
Thanks....