Ling 16:40 price/volume
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crossing_along
- Posts: 55
- Joined: Wed May 06, 2009 2:31 pm
Can someone tell me whats going on on that market ? I was in and exit it in time to be shocked for a drop unseen before ,in a second from 1.75 to 1.6 . That mean someone placed a large bet of 20k taking alot of ticks down and people followed the trend down ? , As I see the same person exit it just before the off with large amount.
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crossing_along
- Posts: 55
- Joined: Wed May 06, 2009 2:31 pm
No answear to newbie stupid questions ?
Think you have already answerd your own question really,
A large 20 k was placed probably a good few tick below the current price to insure they got matched instantly.
then the odds came in a bit more and later he prob exited his position again.
A large 20 k was placed probably a good few tick below the current price to insure they got matched instantly.
then the odds came in a bit more and later he prob exited his position again.
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crossing_along
- Posts: 55
- Joined: Wed May 06, 2009 2:31 pm
Very nice to have 20k + funds and it has the ''shepherd'' effect. You can actually do this many times because most users use 50-1000 stakes . 20k really can switch the price move .
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CaerMyrddin
- Posts: 1271
- Joined: Mon Sep 07, 2009 10:47 am
It's a big risk though, there are many sharks in the pool, you can go bezerks instantly.