Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker
by
kaurdump
on 16/06/2012, 12:50:25 UTC
Ok, confession of ignorance here. I don't have any financial trading experience, and I don't know how to read charts like this, nor do I really understand what's meant by terms like "wall" and how people are always saying that various price points are going to be "tested." Is there a quick primer someone could point me to that would enable me to at least fake some knowledge in this area?

a wall is a huge bid at a single price (look at that long vertical line at 6.5 in barrymac's post).

the gold line is the current bids and the blue line is the current asks (within the range shown).

green is the transaction history (24hr by default).

hope this helped roger  Smiley