RE:RE:RE:RE:RE:RE:Anonymoussnarkles wrote: Nothing shows or tells you its fake. However, if you are a constant watcher of level 2 over a period of time on one stock such as NPH, you see patterns that dictate it can be a fake wall.
Like I said before, if you understand who are the market makers and follow lvl 2 by broker, you can easily spot fake walls. It's not that hard and it always happens.
But like you said, level 2 shouldn't be your main tool for trading. Instead graphs and other indicators and market sentiment.