Broke the .0004 mark, AS I HAVE BEEN WARNING ABOUT AS A RISK on PMBS.
People here argued with me along the way the last couple weeks, saying .0004-.0005 (bid-ask) would NEVER happen... LOL, so much for that!!!!
I gave reasons why i believed it would be best to wait for that level, so it was not just a lucky guess. All of my speculations about short term moves on PMBS have proved true in past couple months, so it is not luck if anyone dares call it that.
Now here, I will consider a start position again @ .0005, and it is possible that it hits lower to .0003-.0004, so don't listen to other pumpers here who will say otherwise, as they've been wrong totally on PMBS.
When I make first buy @ .0005 or less, it will be with 'Houses Money', as it will be profits from prior PMBS trades, so my first scale in at new lows will only include (zero risk) recycled profits from prior vigilant trading of PMBS.
But anyhow again here @ .0005 ask pps finally has arrived, start first load and be ready for .0004 ask to add more if it possibly happens.
Then look to dump on next move up to .0007-.001 which is part of a pattern of PMBS (if no news).
But if news, then certainly possible to get .002-.01.
Otherwise keep the trade realistic, and play the next move up based on typical past patterns, which has been dependable for me & never failed me yet!!
Good trading to you all!!
{PS, this is not a standard "I told you so"... but a deserved message in part for those who incessantly trashed me when I made the speculative risk in past weeks & in recent days it would break to .0004-.0005 level.}
