Be warned where ever I have seen many DMA s too much of manipulations in AYM many DMAs, so exited with a very small (10 quid) loss. Seen this in many, including RPO, RIA, POL recently. When you have an additional entity in this equation sitting on both the ask and bid sides with different price targets, that toomuch for me to think. May be being a simpleton, that's too much. So I bowed out. That's why your trades will not show in the crucial moments, where the DMAs are in. So the L2 despite the cost has no meaning. Add to it how a trade is tagged as a sell / buy and you have even less info from charts. I am not being a cynic but am confused as to how to interpret what is going on and if possible project / predict. Hence I have taken an easier path of not getting in shares with DMAs even if that limits my choices. Some how I do not want to go where I do not know where I am about to go Call me a coward, a chicken, but this is my current state. I hope some parts of what I say help. Good night.
Mining stocks hammered today...
I would like to think that when the market corrects itself we'll see a sustainable rise here however I wouldn't like to bet on it. LIM:TSE down 6.9% so far....maybe today wasn't the best day to announce positive news. This share is like a Venus fly trap, it lures you in but it seems pretty difficult to get out of with any reasonable gain! Personally I've decided to hang on as I feel it could turn around at some point in the not too distant future
delayed big trade
There we go
and thats that bit of excitement over with. How very very predictable.
still down, hope the news is yet to be released......otherwise we all know what will happen over here.
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