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Posted On: 07/15/2019 7:33:59 PM
Post# of 1846
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Trading Summary - July 15.
Excellent trading day for $GTEH:
Huge gap up at the open - as predicted for several days - to .0399.
Most of the traders who screwed up the last 2 gap up attempts last week - by leaving asks up at the open - appeared to have learnt their lesson.
The MMs signaled their intention well before the open and most savvy traders cancelled all their sell orders to trade manually near the peak.
Top traders who had accumulated large amounts in the 500K > 750K range were savvy and did not whack the bid - enabling multiple traders to get partial profits on their overall holding in the .0350 > .0399 range from buys in the .0250 > .0330 range.
Thereafter, a number of less experienced traders kept undercutting the ask from .0349 > .0320 which offered reload opportunities to savvy traders all day right up to the close in the .0280 > .0310 range.
Excellent trading day for $GTEH:
Huge gap up at the open - as predicted for several days - to .0399.
Most of the traders who screwed up the last 2 gap up attempts last week - by leaving asks up at the open - appeared to have learnt their lesson.
The MMs signaled their intention well before the open and most savvy traders cancelled all their sell orders to trade manually near the peak.
Top traders who had accumulated large amounts in the 500K > 750K range were savvy and did not whack the bid - enabling multiple traders to get partial profits on their overall holding in the .0350 > .0399 range from buys in the .0250 > .0330 range.
Thereafter, a number of less experienced traders kept undercutting the ask from .0349 > .0320 which offered reload opportunities to savvy traders all day right up to the close in the .0280 > .0310 range.
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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.
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