hello all,
i've read some of this thread yesterday and woke up this moment with some idea.
i once looked at level2 broker data and saw size and price. when i see a big number of orders appear at a price beyond a tested support/resistance this could be a place to get in quick before the (stop?) orders are triggered.
http://www.mbtrading.com/images/features/md1b.gif
i don't realy remember how this data looks when it moves... have to wait untill monday.
the fact that it's data from a broker is no problem i think, because we want to know what the herd is doing.
i want to thank all the contibutors here. the olsen paper and larry harris e-book will help me understand market structure wich is most importand.
greets pax