Hey guys I've been reading on the forums for a while now but just finally decided to join up.
If I'm not mistaken, the example of the 10M traded a few posts back is in the opposite direction.
If you place a 10M order in the stock market, you will buy at the ASK price (the upper of the two). Once that is filled, you will move UP to the next pending ASK order, whether it is with the market maker or another entity.
To sum it up, I guess what I'm trying to say is you will move the market UP if you are BUYING (that is why the market moves up with bulls) and you push the market DOWN by SELLING (down w/ the bears).
On a side note: What do you guys think of the EURUSD right now?
If I'm not mistaken, the example of the 10M traded a few posts back is in the opposite direction.
If you place a 10M order in the stock market, you will buy at the ASK price (the upper of the two). Once that is filled, you will move UP to the next pending ASK order, whether it is with the market maker or another entity.
To sum it up, I guess what I'm trying to say is you will move the market UP if you are BUYING (that is why the market moves up with bulls) and you push the market DOWN by SELLING (down w/ the bears).
On a side note: What do you guys think of the EURUSD right now?