I understand your point, but you haven't acknowledged my point....

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Redpapa

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12/08/17

03:05

Post #: 26453883
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Originally posted by jamesph61 ↑

The order flow clearly shows the majority of trades came 'at maket' ... ie : orders shown in level 2 data (depth of field) had no significance on what actually transpired

Which is exactly what I have commented on ... the value of relying on 'depth' to Prove sentiment in the market at a particular point in time is BS.

The Salient point you don't seem to be able to acknowledge is
the level 2 data (depth) showed sellers out numbered buyer in the days prior to this up move ... If the depth actually had value as to an upcoming trend or sentiment , the data prior would have shown buyers out numbering sellers, but it did not, the sp took off ..... how.? Not off the screen orders but 'at market'
So I am questioning why on earth anyone would belive the depth is an accurate litmus test now ?
As for " Movers and shakers my @rse"

I take it by that remark, you (and obviously mcfj) belive that the depth is an investor/traders gospel .... ... that is sad the hear

Ps: buggered if know why you guys have taken such an agro stance on a debate about market data Depth ..... my opinion on it, even though I used the avq order flow for example, clearly is market wide not company specific.

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I understand your point, but you haven't acknowledged my point. You could have doubled your money in a matter of weeks, regardless of depth, whilst the 'movers and shakers' you speak of are sitting on the sidelines watching, holding their shakers

AVQ Price at posting: 23.5¢ Sentiment: Buy Disclosure: Held
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