I am currently using my Interactive Brokers simulated trading account to learn about SPI trading. From what i have read from some good posters on this forum the BookTrader feature can be useful if you can get a read from it and use it in conjunction with a chart? I have watched these numbers bouncing around on the BookTrader and really struggle to gain any insight as to how it may show where the SPI is going?
I have pasted a 1 minute chart above next to the BookTrader. Obviously the chart shows the SPI screaming upwards. My question is how do you read the figures listed in the BookTrader to get some information about what is going to happen next?