Quote from mgrund:
Just checked the data for today and guess what-History has repeated itself.FGBL stuck in a 15 tick range on very low volume for 6 hours, then 1 good move, when 69% of the volume (as of yet) traded, and now stuck in a 10 tick range again on low volume for 4 hours.
This appears to be the norm since beginning of feb:
small range/small volume for long periods of time
1 big move in short space of time with 70% + of daily volume
Then back to range trading for long periods of time on dogdirt volume.
Its just knowing when that 1 move will come i guess, same happens on eco releases- spikes on the data, then just range bound.Reminds me how the market used to trade back on Bank Holidays.Now everyday appears to be a bank Holiday or the run up to xmas etc. Total Dogdirt movement, so just going to put a sell order in now ( and hope these 00's break before the close) and turn screen off , as its so mind boggingly boring looking at an order book all day-plus the pub and the soccer calls!!!