GALA- Game of Round Numbers
This is a text book CLASSIC example of the Power of Round numbers.
Farmville and Zynga Ceo's Gala has a great reputation for building games and this makes Gala attract attention.
At the same time there seems to be a game going on with the price reacting very dramatically at every 'Round number'.
This is a game I personally do NOT like... but i like to trade it.
Gala will follow the market and what the market does. Just remember to buy or sell this one on the round numbers.
What do you think? Round numbers are psychological support/resistance levels but isn't this case a weird? Could it be manipulation?
Probably is. Thus the 'Short' idea here
the FXPROFESSOR
Farmville and Zynga Ceo's Gala has a great reputation for building games and this makes Gala attract attention.
At the same time there seems to be a game going on with the price reacting very dramatically at every 'Round number'.
This is a game I personally do NOT like... but i like to trade it.
Gala will follow the market and what the market does. Just remember to buy or sell this one on the round numbers.
What do you think? Round numbers are psychological support/resistance levels but isn't this case a weird? Could it be manipulation?
Probably is. Thus the 'Short' idea here
the FXPROFESSOR
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