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That poll should say bid/ask block size.

So -- I have my own ideas about how to interpret large bid and ask blocks when I am watching an NYSE intraday. I was hoping that some of you could contribute some additional knowledge... I call those big blocks sheep herders. When you see a big block you have two choices: 1)...

Can anyone enlighten me on this: Typically there is a pretty strong relationship between the length of a bar and the amount of volume to make it. I am talking about the 5 min time frame here. However, sometime you'll see bigtime volume and a puny little bar or a little tiny scrap of...

My take is that in periods of congestion volume is typically running low. Congestion will end with rising volume shortly followed by rising or falling prices and on to high volume non-congested areas. However, you may see rising volume and moving prices and then a "failed resumption" as...

To be sure I understand... I translate the above statement into the following action (process): Watch the DOM to see which side (bid or ask) consistently has more players and/or more shares. I do this to expand or corroborate my belief snapshot of the current moment in time. Is this...

I recommend "Studies in Tape Reading" written by Richard Wyckoff under the pen name Rollo Tape. It was written in 1910 but many of the main principles still apply. Definitely should be read with the modern markets (and modern regulatory stucture) in mind -- as many of the assumptions...