I was watching MBT level 2 last night and I couldn't make head or tail from it.
OP problem so need more practice if I stay the course. How 'tradable' is the level 2 book for MBT since forex market is decentralized, maybe this question to TRO.
Also, TRO, I was looking at the market depth orders and the column with size is the volume I take it, I see lots of 1000 onwards which I presume this 1k lots right? So why is it sometimes I saw just '2' in this column?? (this confused me so does that mean 1000 doesn't mean it's 1k lots?)
Actually I'm more interested in reading the tape or time and sales since MO originally started using this as edge for zlines in the NLA thread. More on this later.