RE: relief rally7 Jan 2019 12:31
Nice stabilization!
At the same time Kaz has difficulties to move above the first positive trigger around 532.
High537.40
Low 520.60
TheFarEnd, the price mm's publish during the morning rise at these mid size shares is based on first large buyers, but not taking into account any real selling pressure just yet. Once the first sellers appear, mm's iet go the bid, which drops far away from the limit you've wanted. Your sell becomes non-executable.
Also your broker is 'stubborn' with preset limits, and wont execute your sell even if the bid is 99.90% close to your limit. Many PIs place way too high 'wishful' selling prices, which dont gets executed during the fragile morning rise.
One needs to ask: Is my price realistic? Am I trading the regular 'market size', as it is published here on LSE? Or do I try to sell much more?
Sometimes its best to place no limit, and let your trade instantly enter the system. This works well during an active Sp rise with decent volume. Herefore you''d need a live intraday chart, such as on LSE, which shows perfectly fine when the price is about to peak out...
DYOR! No advice meant whatsoever.