Some Trades

[barcadia]

db

 

[barcadia]

traders trading decided to push the price down. Not enough demand.
Stopped out of the long
Monitoring the traders behaviour that creates the patterns

-8

 

[barcadia]

L 4468
behaviour of traders suggests that demand is coming in as buyers look willing to pay the asking price
stop at 4460

 

[barcadia]

closed +14

 

[barcadia]

buyers tried to push it higher but failed to gain much ground
Auction market theory thus calls for a short due to traders behaviour
Short 4471.5
stop at 4482

 

[barcadia]

close it here at 4461.5 for +10

 

[barcadia]

demand looks to be coming into the market.
Sellers unwilling to hit the bid at these levels.
Monitoring the behaviour between buyers and sellers.
Long 4462.75
stop at 4455.75

 

[barcadia]

target is 4473.75
looking for auction market theory to deliver the goods

 

[barcadia]

Auction market theory failed on this occasion.
Took the loss at 55.75 for -7

 

[barcadia]

long 4458 stop is at 52
Traders behaviour looks to be bullish as demand comes in