algo trades, page-7

ok then

analyse what happen during the pre auction close:
someone came on with 4m
obviously it wasn't going to stay.
it helped push the price up, by "flashing" due to revese psychology (puposely giving the impression that he was manipulating the market, so he can by cheaper - which didn't happen, did it?
if the objective was him wanting to sell his smaller order sitting at 20.5 then it worked.
if it was to push the price down to accumulate, why give the impression that you are an idiot.
in other words, why make it obvious that your hand is a fake?
the market will say, "it's a fake and he wants us to know it", this implies that he wants to buy.
the market acts accordingly and he sells into the created sentiment.
there is also reverse reverse psychology depending on how smart you think the market is.
the market isn't that smart, so reverse reverse psychology for the purposes of manipulation wouldn't work.

definitey some fun and games going down.