DislikedxxxJPY Pairs: .....If so, this could mean the AS will ramp up the prices for themselves also. -tahIgnored
Studying the PA, it looks like the AS MMs will ramp the price up as I earlier suspected they might. First, they torpedoed the price - stop hunting longs, deceiving shorts - to get the price low. Now they have been working the price in the half number area after quickly getting it down there. This is likely the closing of the shorts it took to manipulate the price down there, and the ongoing accumulation of long orders ahead of the bounce back up, after which short building resumes. All speculative, but how I see the current PA.