Eurusd/gbpusd - page 1948
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180 pips down from yesterday false break up peak. Massive stop loss hunting now before NFP
Anything can happen today : Greece will not (can not) pay $300 million to IMF today
The pattern is back again : every other cross falls compared to USD - only Euro is lifted. I really would like to know who is doing it - too much signs of a mechanical interference
The pattern is back again : every other cross falls compared to USD - only Euro is lifted. I really would like to know who is doing it - too much signs of a mechanical interference
They are creating a buffer for Grexit - otherwise it would fall too much (to low according to German expectations)
Judging from to closing to the daily open price, the orders are dumped
NFP is going to cause big changes - combined with Greek denial to pay, that can be violent. Keep your stop losses on your orders
All is set to lift Euro again - it is so obvious
All is set to lift Euro again - it is so obvious
Most probably a big whipsaw
Now I am going to wait for next NFP revision to see just how much they rigged the numbers
Guys be carefull
HFTs are pushing Euro up (see it on 1 minute chart). If they run into a cluster of stop losses, there will be a whipsaw 101
Guys be carefull HFTs are pushing Euro up (see it on 1 minute chart). If they run into a cluster of stop losses, there will be a whipsaw 101
Well this time that is all they could do (too much profit taking went on - and since HFTs can not create liquidity, they could not push it higher). Usual weekend profit taking
Level 1.100 seems to be the level to watch in the following days.
Oh well, next week