Trading Summary - June 2. In the opening second
Post# of 4998
(Total Views: 168)
Posted On: 06/02/2017 4:12:19 PM
Trading Summary - June 2.
In the opening seconds, there was a 1.1M and a 5M trade from people who sold for a loss because they panicked and didn't wait for enormous visible bid in GTCs to show up at .0002 (allow up to 2 minutes - often takes 5>30 seconds).
The visible bid was initially as yesterday at 209M and was subsequently increased by 30M to 239M.
Any undercut ask at .0003 was immediately bought out whenever it appeared.
There was often a bid at .0003 as well which, for the last few hours, wasn't getting sold into.
The ask peaked at 93M - representing 31M being added by one-tick flippers (or additional people trying to sell needlessly for a loss) over and above the 61M that were trying to sell for a loss before .0003s were traded yesterday.
On the last run, 80M was bought at .0004 in 2 seconds and an additional undercut ask of 20M at .0004 after the .0005 uptick went in a few minutes. So even 100M can go before anyone not involved in the buying can react to the first scanner hits (2 x 40M in 2 consecutive seconds).
Trading breakdown overall:
.0002: 6M
.0003: 13M
.0004: 2M
Total 21M
Summary of loading at .0003 to follow in separate post that will be updated daily until further notice.
In the opening seconds, there was a 1.1M and a 5M trade from people who sold for a loss because they panicked and didn't wait for enormous visible bid in GTCs to show up at .0002 (allow up to 2 minutes - often takes 5>30 seconds).
The visible bid was initially as yesterday at 209M and was subsequently increased by 30M to 239M.
Any undercut ask at .0003 was immediately bought out whenever it appeared.
There was often a bid at .0003 as well which, for the last few hours, wasn't getting sold into.
The ask peaked at 93M - representing 31M being added by one-tick flippers (or additional people trying to sell needlessly for a loss) over and above the 61M that were trying to sell for a loss before .0003s were traded yesterday.
On the last run, 80M was bought at .0004 in 2 seconds and an additional undercut ask of 20M at .0004 after the .0005 uptick went in a few minutes. So even 100M can go before anyone not involved in the buying can react to the first scanner hits (2 x 40M in 2 consecutive seconds).
Trading breakdown overall:
.0002: 6M
.0003: 13M
.0004: 2M
Total 21M
Summary of loading at .0003 to follow in separate post that will be updated daily until further notice.
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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.