RE: Ramping7 Jul 2024 13:31
@Kev, you have to consider Wolf is a trader using charts, and maybe more..
You are working checking your share every so often, so you have to play the game differently,, Even if you use charts you can't clearly see the trades within each candle, unless trades are 1 or 2 per minute.. so are behind the game of those who can.. So getting in low and patiently waiting ..
imo, last weeks rise was manipulated, as it was not falling back when sellers were most prominent.., Long periods on NT to sell, yet often followed by a rise, and no big buy order filled.. lure of a gap being filled, rise starting Thursday for FOMO Friday, and the weekend traders setting the buys for Monday mornings action
Tomorrow is day 3, of the rise, which often plays out as the last day of gains and also when the profit taking starts.. But there is a nicely timed meet on Wednesday, and posters linking articles about holding, missed gains from selling earlier, and shouts of 3p
I have no idea which way next week will go, logically plenty of traders are near double their money, but sentiment sometimes rules ??