And so what exactly was the trade?
I've been watching a few geniuses who allegedly trade the markets and have all manner of advice to whoever their audience is whether they be interested investors or just passing time on YOU TUBE. Either way it's suspicious to hear these alleged traders give their story but never before or afterward explain their entry and exit points, strategies, and so forth by using charts or even the simplest form of market data. So who are these people? I think they are just vain talkers and deceivers for the most part.
As for my own observations in the markets recently I'm of the opinion that these markets are well run by HFT ALGORITHMS and ADVANCED COMPUTER TRADING SYSTEMS that really run the markets at the discretion of those who use these systems to actually turn the markets wherever they will. Even Jim Cramer on CNBC recently mentioned that HIGH FREQUENCY ALGORITHMS actually are programmed to read and hear the news and react accordingly.
The markets are truly treacherous and so are these alleged market experts:
The News UNIT is going to be watching SILVER just a bit here on the charts to see if this $16 and $15 prediction comes to pass. What causes anyone to think it's going to $16 and even $15? Who's to say it's not going to gap up soon to $25 and $26 levels?
The News UNIT is going to be watching SILVER just a bit here on the charts to see if this $16 and $15 prediction comes to pass. What causes anyone to think it's going to $16 and even $15? Who's to say it's not going to gap up soon to $25 and $26 levels?
...developing...
