Re my post at 1626, 200k sell would have been significant in last few mins today. 2m DOUBLED our trade today. 2m v significant today, but in scheme of things a drop in ocean. We need to return to those 40m trades a day when people were happy to buy and sell, and everyone was talking about Range.
The article Andy MK mentioned and articles in Trinny press will get interest going, but it looks like a very slow burn. And a lot more patience.
You have no way of knowing it was a buy, the fact that it was reported as an O trade after the normal close would imply it was a worked trade through the day, such trades are only reported at the close. If this was the case it's more than likely a sell based on the spread today
Lewis, no, I disagreed with what Ch said, just as I did when he claimed there was insufficient data for a chart in mid-June, it seems he has an unconventional perspective. If his interpretation of moving averages was the case you'd have seen a sharp move in the ma line in June as last summer's data 'expired' for purposes of the calculation. SD, consolidation is a mare for charts usually as they don't adjust for it.. PRT doesn't anyway. I daresay the pros have packages that do the job though.
Just look at the trades BG they speak for themselves I realise it pains you to agree with my view but just this once take off the blinkers, unless of course you are one of those traders I am referring to, which is it?
This daily pattern is becoming all too familiar, traders talk down the share, panic small vulnerable PIs into selling and soak up the shares cheaply. Introduce some very small sell trades at bargain basement prices, especially at close to keep up the illusion. So sad that people are getting fooled by this, these traders will clean up at your expense and they have the audacity to say that I cost investors money.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.