Invest in alarm clocks
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Let Me See Your Fingers: Silver Flash Crash
Uh oh. It happened again. Speaking to people around the traps this morning, it actually doesn’t even sound like it was a fat finger as such. It is a break of a daily trend line that has been in play since 2015 and it just happened to line up with the previous swing low from 2016. There would have been a tonne of stops sitting just below this level and in illiquid Asian session trading, we know things can get out of hand quite quickly when sell orders all start triggering with nobody in sight to buy. Take a look at what I’m talking about on the XAG/USD daily chart below: As traders of supposed liquid and stable ... (full story)
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- Comment #1
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- Jul 6, 2017 11:25pm Jul 6, 2017 11:25pm
- Tony112
- Joined Apr 2008 | Status: sometimes... news come unexpected | 2555 Comments
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- Jul 7, 2017 12:57am Jul 7, 2017 12:57am
- Aussi
- Joined Sep 2013 | Status: Member | 4049 Comments
ITS ABOUT THE CASH NOTHING ELSE.
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- Jul 7, 2017 9:52am Jul 7, 2017 9:52am
- Martingale
- | Joined Apr 2009 | Status: Volume is everything | 58 Comments