Orderflow Session 1 (6/11)

How does Delta close positive?

ASK or BUY MKT exceeds BID or SELL MKT via net transactions.

How does Delta close negative?

BID or SELL MKT exceeds ASK or BUY MKT via net transactions.

A finished auction at the high shows a ZERO ______

BID

A finished auction at the low shows a ZERO ______

ASK

An unfinished auction at the high has more ______ than ______

ASKS than BIDS

An unfinished auction at the low has more ______ than ______

BIDS than ASKS

A yellow outlined tick on a footprint denotes the ______

Point of Control

A NVPOC means a ______

Not Visited Point Of Control or Virgin POC

Left side of a footprint shows ______ a.k.a. ______

BIDS; Sellers

Right side of a footprint shows ______ a.k.a. ______

ASKS; Buyers

If a footprint tick is highlighted in green it means that ______.

there is an imbalance.

If there is an imbalance at a tick compared to the cross above, the imbalance has more BIDS or ASKS? Price goes ______

BIDS; lower

If there is an imbalance at a tick compared to the cross below, the imbalance has more BIDS or ASKS? Price goes ______

ASKS; higher