
051: Bryce Edwards – Tracking ‘Stocks in Play’ and Acting on Order Book Activity, Intraday Momentum
Chat With Traders
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How to Trade Walls in the Stock Market
One of the types of trades that you focus on, you describe as trading a wall. This might be a little bit difficult to describe without visualizations but could you give us just an overview of what this type of trade looks like and what causes these walls to occur? Yeah, sure. What you'll find in the order book is there might be orders that gather around a particular price point. So say for example, if a stock has a resistance of $6, oftentimes you'll find a whole wall of sellers at $6. so oftentimes you can play a breakout and predict that wall breaking.
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