Time & Sales

[Segwin]

Sorry for such a noob question (and I thought I had this straight):

I have a time and sales window open for EUR/USD. If the majority of the orders are coming in at the bid (which is colored red) does that mean people are placing orders to SELL Market or BUY Market?

I thought BID/RED meant that more people were Selling Market (shorting) and if there were more ASK/GREEN orders coming through then the majority were Buying Market (going long).

Thanks for the help.

Terry

[NinjaTrader_Kyle]

Hello Terry,

Thank you for your post.

Ultimately, these numbers indicate only that an execution took place at the bid or ask price however it is typically inferred that most orders executing at the ask price would be buy orders and most orders executing at the bid price would be sell orders.