Charting - CI1, page-164

I suspect we will see more of it. It looks a little like this:

1. Stack the sell side at each interval for about 10 pips, 2-4m shares each interval will provide a wall of about 30m shares
2. Exhaust the buy side and suppress the price pushing it down and filling the sell side intervals with more pressure
3. Once other buyers start to enter the market in numbers that threaten to snatch the sell side take the foot off
4. Start occupying the buy side and start exhausting the sell side as action wears off at each interval raise it a pip, those who were nervous during the previous pressure give up their shares
5. If no market folllows the buyers activity, rinse and repeat.