I use market depth only when there is plenty of liquidity (100+ trades a day). Just can't trust it any other time
ADV has seen a little sideways action on low volume within a two-pip range at the bottom of that pesky southerly trend. However this time support is holding up strong at 1.6 after the lower lows have been resting on a rather significant lower band on the daily. One would expect things to squeeze very soon and make another move.
Lets hope the depth is genuine as history shows that 15+ million should get us going again in the right direction.
