Hi everybody,
I'm not an expert in economic, but I'd like to learn how to read (and interpret) the charts showing bids and asks.
Can someone give me some hints? Tutorials? Examples?
For instance : lets break down the chart below
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.lize.it%2Fup%2Fbidask.png&t=665&c=eLvNY-aiKIEzmQ)
- What is the red/green line? red= people selling ?
- What does the numbers on the left vertical axes represent?
- What does the numbers on the right vertical axes represent?
- How on heart can bitcoinity know that "xxx BTC are needed for price yyy$"? Those are pre-scheduled orders? where are they published? Are they guesstimations?
- What does red/green columns represent?
For now enough with questions
![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
Thanks!