Question about Level II data with Futures

[ostadler]

Hello all,

I have a question regarding the Level II display for futures. Well, actually I can see in graphical form the bid/ask data (10 levels supported), color-coded. The graph display shows me for each bid/ask level-pair to which side it tends.

Now my possible newbie-question: How can I interpret that graphical data? I'm sure that I cannot read from this where the price will go . But is there any CLUE or TENDENCY I could get from that?

Any help from you is greatly appreciated!

Thanks and greetings from Germany,

Oliver

[NinjaTrader_RJ]

Hello Oliver,

Thank you for your post.

Unfortunately we do not teach strategy, however our education partners do: http://www.ninjatrader.com/webnew/pa..._education.htm

Perhaps you can locate one that uses market depth.