(Total Views: 177)
Posted On: 11/02/2017 12:22:43 PM
Post# of 5037
Trading Update - November 2.
Undercut ask at .0004 bought out - instant .0004 bid from balance.
Upon uptick, real ask was 13M as expected - then NITE 33M added after a few seconds.
Bottom line - nobody getting any significant amount of .0003s before next run.
Whales won't be bidding .0004s - they will just hit .0005s at a time of their choosing when finished elsewhere.
So those stacking the ask as "intimidation" will lose their shares and those that don't buy .0005s whilst still available will be forced to pay .0006 or .0007. Happened on each of the several runs so far this year.
Undercut ask at .0004 bought out - instant .0004 bid from balance.
Upon uptick, real ask was 13M as expected - then NITE 33M added after a few seconds.
Bottom line - nobody getting any significant amount of .0003s before next run.
Whales won't be bidding .0004s - they will just hit .0005s at a time of their choosing when finished elsewhere.
So those stacking the ask as "intimidation" will lose their shares and those that don't buy .0005s whilst still available will be forced to pay .0006 or .0007. Happened on each of the several runs so far this year.
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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.
