GREY:LSTMF - Post by User
Post by
justuseron Jan 18, 2013 10:47am
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Post# 20856274
PBN day trading: Narrow range.
PBN day trading: Narrow range. $9.30 looked very solid for few days. This was major pivot point well (+ or – 3 pennies). The price corridor is narrowing so chartists will be forced to take action. This happened the small volume “attack” on algo at $9.30 failed as expected. There is a chance (still low) that the opposite trader may try to benefit from retailers. If this is one of those new techniques to fool HFTs then PBN is here for long hold before they exchange positions at predefined price. Good luck.