Trade Journal for Dummies (Special Edition - Part 2)!
So hear we R with prices "SOMEHOW" finding a way to rebound and GAP FILL right? But it begs the question, if prices are NOT "Manipulate" then how can prices claw dare way back up to said lines, well, do you know how PUNKS, LOL!?
Well, da-Boyz are NOT in this game to lose money, hence, they often "Manipulate" prices back up to neutral so they can RE-LOAD! They'll sometimes HOLD prices at said mark for minutes, hours, as they "Dampen" the selling pressure by BUYING at the BID price and accumulate ALL the sellers shares!
This technique is known as the slim-jim or flat-line but is NOTHING else den da-Boyz HOLDING prices at a particular level as they support the BID and SELL the Ask! THEN, at a TIME of ONLY THEIR Choosing, they either Quit selling at the Asking price (remember, they picked up a bunch of shares at this mornings GAP Down and EVERY Freakin share they can UNload to any Ignoramous-es Buyers will allow then to UNLOAD those inventories and post GAINS), or Quit buying/supporting the Bid, then prices move Up or Down accordingly and usually fast and furious to the next level that triggers selling and/or buying!?
In Summary, price goes where da-Boyz want it to go, PERIOD, and when price stops and sits at any particular SLim-Jim or Flat-line it's simply da-Boyz dribbling da-Ball, watching the opponents, and deciding whether to fake left or fake right, LOL!
That said, this is one heck of a GIG they have and we MUST submit to their Rules and position accordingly, I've just developed a technique that rat's da-Boyz OUT and keeps extracting dare Coins as a sort of TOLL SYSTEM as they make a RUN for it on the Fast-Lane, just kinda glad I was able to construct a TOLL SYSTEM that they didn't mind paying, LOL!!!!
Sorry BOYZ, you wanna play in me-neighborhood you have to pay da-TOLL, LOL!!
