Posted On: 04/01/2014 3:23:31 PM
Post# of 56323
Guess who are AX IS ?
The Ax
The most important market maker to look for is called the ax . This is the market maker that controls the price action in a given stock. You can find out which market maker this is by watching the level II action for a few days - the market maker who consistently dominates the price action is the ax. Many day traders make sure to trade with the ax because it typically results in a higher probability of success.
The Ax
The most important market maker to look for is called the ax . This is the market maker that controls the price action in a given stock. You can find out which market maker this is by watching the level II action for a few days - the market maker who consistently dominates the price action is the ax. Many day traders make sure to trade with the ax because it typically results in a higher probability of success.
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