2025-02-06 06:59
IndustriLEVEL II DATA/ ORDER BOOK
#firstdealofthenewyearFateema
Level II data, also known as the order book, provides detailed insights into the market’s depth by displaying the various bid and ask prices along with the volume available at each level. This tool gives traders an understanding of market liquidity and potential support and resistance zones. By analyzing the order book, traders can gauge market sentiment, detect large orders that might influence price movements, and make more informed trading decisions, particularly in fast-moving or low-liquidity environments
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LEVEL II DATA/ ORDER BOOK
Kenya | 2025-02-06 06:59#firstdealofthenewyearFateema
Level II data, also known as the order book, provides detailed insights into the market’s depth by displaying the various bid and ask prices along with the volume available at each level. This tool gives traders an understanding of market liquidity and potential support and resistance zones. By analyzing the order book, traders can gauge market sentiment, detect large orders that might influence price movements, and make more informed trading decisions, particularly in fast-moving or low-liquidity environments
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