Thursday, 11 April 2013
Oleg Teaching Us A Thing or Two
This is what he has to say: Published on Apr 10, 2013 That's how they crack the market. The buyers cannot absorb enough and the sellers just still hitting the bid. The probably best entry short is after a small print on the ask side, when on the next level the battle beguins. Watching attentively we can see on the firsts breakouts there are no prints up after some levels (which means the pressure still strong), and if the first entry short was missed, there are probably some opportunities left.
As exemple, at the beguining there is 9 print at .86 ant then 71 at .85 on the ask side. The price then never lifts 9 and prints just about 100 contracts at .85. The rest of the battle is on the .84 level (about 4000 contracts whitin 1-2 min), where probably is the best short for the first range breakout.
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