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Front running again but this time to down
The bottom is exactly the same as it was on Friday (to the pip same). Not a good sign
Technically this is still a bearish market but any breakouts/breakdowns signal may be the sign of changing direction. We have a very busy week ahead of us, so get ready.
Here they go again
Guys, be carful. On Friday they used 1.2930 as a final point to launch the whipsaw - in both directions
Guys, be carful. On Friday they used 1.2930 as a final point to launch the whipsaw - in both directions
Well, at least now we know what are we used for
Forex is dead
This (that EURUSD is going down temporarily), was done the same way at Friday at exactly the same time. HFT algos working. They are just waiting for retail traders to jump in to use it for their own goals
At a moment two currencies are massively converted to some other currency : GBP and Russian rouble. GBP for the danger of Scottish vote. Rouble because the decline of rouble started. Both parties are trying to protect their capital. And if we consider that large amount of GBP is/was help by Russians - it is logical what is going on. And it is even more logical why are they not going to buy USD
Well, at least now we know what are we used for Forex is dead
don't panic
its just FOMC wk, its always abit c**p
don't panic its just FOMC wk, its always abit c**p
Nagh
Dead Cat Bounce Definition | Investopedia
Btw: bulls sitting at 1.2930