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Time and Sales Window

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Hey

 

I was wondering how the "Above Ask" and "Below Bid" in the time and sales window relates to affecting the direction/speed of the price action.

Would i correct in assuming the "Above Ask" would increase the speed of the stock rising in price more than just buying on the Ask? And vice versa for the "Below Bid" for the stock moving down?

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Skruf, take a look at the Class 3 video, roughly the 25:50 mark. Andrew explains how Time & Sales can be an indicator of traders' psychology. As you mentioned, Above Ask is considered aggressive buying (bullish), and Below Bid is aggressive selling (bearish).

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