Just in case anyone has time to help me out:
What's the difference between trades and quotes here in this chart? And how are the trader's order and purchases indicated?
What's the difference between trades and quotes here in this chart? And how are the trader's order and purchases indicated?
A trade is an announcement that an offer was accepted and a contract was agreed on. "10g of gold have been sold at 40$ each". The identity of the traders is typically known only by the exchange, and each of the trader knows they are part of it, but don't know the counterparty.