RE: Re To be honest...26 Feb 2019 21:32
And the auto nonsense just may prove your judgement was actually right.
I posted others to get IG quotes ( as they are RSP driven unlike you big standards brokers) to show what the real book is.
And to sell 500k it’s always close to the bid - 3pc.
The ask, that’s the joke - varied from 23.5 to 8.95 throughout the day. Check out the CPX example for normal mm quotes.
And ignore auto volume- neutral.
So was your ultimate judgement right but a kink in the road. Up to you mate, but all is not well in the state of Denmark.
Forecast for tomorrow . Bid will drop to 6.5p about 2 mins after opening and 3 mins later the bid will pop back up.
Etc etc.
Then at 2.30, botty activity to slowly drop and a gentle close downwards ( with a UT at 7.2)
They will bore the pants of traders.