RE:RE:BTE L2 9:20 - ALL LOOKS NORMAL?Kelvin..
I just noticed your comments...
Beware of using level 2 quotes as an indication of market direction....Large savy traders with specifically put up additional bids and offers in behind in hopes of influencing the sentiment of other traders to try to coerce others....Watching level 2 live I can see trading house putting in walls, floors and other levels without actually wanting to trade those levels...
Use level 2 to ensure you get your fills on thinly traded equities, but be wary of the information you think it will indcate otherwise.
Cheers