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What you are looking at is a graph of the liquidity in the order book over time. A security does not have 1 price it has 2, the bid and the ask. The difference
by sseveran 14y ago
What you are looking at is a graph of the liquidity in the order book over time. A security does not have 1 price it has 2, the bid and the ask. The difference is called the spread. The bottom is showing the amount of liquidity at each price level. I don't know of a good source on how to read these charts since most people build their own viz tools.
- skilesare 14y agohttp://aqumin.com/ http://aqumin.com/
- cgcdesign 14y agoAwesome, this explaination and electronic derivatives trading lead me on the right path of reading candlestick graphs. I discovered stockcharts.com from doing some basic research and now have a pretty good understanding of them. I won't be trading any time soon but I can at least read it to some extent. Thanks a bunch. Sorry if I got a bit off topic, but I hate not knowing stuff.