Early Trading - June 2. MMs signalled gap up to
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Posted On: 06/02/2020 11:02:25 AM
Early Trading - June 2.
MMs signalled gap up to .0139 at open.
Clueless people failed to cancel all the ask underneath in the .0110 > ..0139 range.
Just before the open a moron put an undercut ask at .0130.
Subsequently, after some ask hitting, all the remaining sell orders at prices left up below were executed causing a rapid drop to .0110.
This then allowed manipulators to short it down to .0090 and .0075 - causing some to panic and sell on the bid to .0075.
Now we need to hit the ask to get it back up.
Already got my top ups in the .0080s and .0090s.
MMs signalled gap up to .0139 at open.
Clueless people failed to cancel all the ask underneath in the .0110 > ..0139 range.
Just before the open a moron put an undercut ask at .0130.
Subsequently, after some ask hitting, all the remaining sell orders at prices left up below were executed causing a rapid drop to .0110.
This then allowed manipulators to short it down to .0090 and .0075 - causing some to panic and sell on the bid to .0075.
Now we need to hit the ask to get it back up.
Already got my top ups in the .0080s and .0090s.
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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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