Posted On: 12/17/2015 1:23:02 PM
Post# of 161
Sold some .0003 at .0004 and remainder even.
Might buy on ask at .0003 again later if I see multiple 10M+ transactions and the .0004 ask below 50M.
Remember 313M bought yesterday on ask - around 1/3 at .0002 and 2/3 at .0003.
How many will stack the .0004 to get 33% before it moves higher ?
How many will stack .0003 on ask to play safe even or get 50% from .0002 ?
Watch to see if MMs bump up .0002 bid to 500M or 700M like they did at .0001 yesterday.
Also watch for .0002 bid to get whacked - 265M can disappear in a minute if people panic with 10M>20M chunks.
Anything could happen.
Might buy on ask at .0003 again later if I see multiple 10M+ transactions and the .0004 ask below 50M.
Remember 313M bought yesterday on ask - around 1/3 at .0002 and 2/3 at .0003.
How many will stack the .0004 to get 33% before it moves higher ?
How many will stack .0003 on ask to play safe even or get 50% from .0002 ?
Watch to see if MMs bump up .0002 bid to 500M or 700M like they did at .0001 yesterday.
Also watch for .0002 bid to get whacked - 265M can disappear in a minute if people panic with 10M>20M chunks.
Anything could happen.
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
