When watching the trades happening. They are highlighted in green, red and black. What does it mean when highlighted in
2/1/2024 03:39pm
Aime
Green, red, and black are used to indicate the direction and outcome of trades in the financial market.1 Here's what each color signifies:
1. Green: Indicates a buy trade that was executed at a price higher than the nearest asking price. This suggests that buyers were active and pushed the price up.2
2. Red: Indicates a sell trade that was executed at a price lower than the nearest bid price. This suggests that sellers were active and pushed the price down.2
3. Black: Indicates a trade that was executed at the current market price. This could be either a buy or sell trade, depending on the context.
The colors are used to help traders and investors quickly understand the dynamics of the market and make informed decisions.
Source:
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1.
stuck on Red to Green... - Day Trading Strategies
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