USDCAD:
This move down causes traders to think bearish and close long orders, place short orders. Such selling allows the Robber Bank MMs to close their shorts and open longs, all profitably at lower and lower prices.
As the thieving Robber Bank MMs manipulate the price lower and lower.....
1. more and more longs capitulate at lower and lower prices - frantically getting out before losing more money!
2. more and more short orders come in at lower and lower prices - shorters frantically getting in before price drops further!
....these thieving MMs profitably close their shorts and open longs. It is nothing but a "Head Fake" by these thieving Robber Bank MMs, who are now starting to build long again ahead of USD strength moves, deceiving and stealing via pure price manipulation to get what they need to do it!
My Take,
tah
This move down causes traders to think bearish and close long orders, place short orders. Such selling allows the Robber Bank MMs to close their shorts and open longs, all profitably at lower and lower prices.
As the thieving Robber Bank MMs manipulate the price lower and lower.....
1. more and more longs capitulate at lower and lower prices - frantically getting out before losing more money!
2. more and more short orders come in at lower and lower prices - shorters frantically getting in before price drops further!
....these thieving MMs profitably close their shorts and open longs. It is nothing but a "Head Fake" by these thieving Robber Bank MMs, who are now starting to build long again ahead of USD strength moves, deceiving and stealing via pure price manipulation to get what they need to do it!
My Take,
tah