Dislikedbro thanks.. can explain
1) what do they gain by triggering stops?
3 and 5 ) whats that?Ignored
market is trading say 1.4706/08 a large player will buy large and push market above 1.4725 which forces the short positions out.
Cross trading is eg eur/jpy.. he may have an order to buy Eur and sell Jpy.
He may decide rather than buying the cross he opens the legs ie Buy Eur/USD and Buys USD/JPY. They sometimes do this if the liquidity isnt big enough in the Eur/JPY
Believe it or not some traders still go to lunch.
That means less players in the market which means less liquidity.
Currencyies are easily moved with less liquidity