DislikedThis morning spike at 7am. ÂÂ illogical...ÂÂ So it's stop hunt. ÂÂ
Therefore the direction is down ÂÂ 1.3496 now. Double top etc... ÂÂ News will be good today. forecast says 0.1.ÂÂ I say better.
Let's see the RB in actionIgnored
The spike at 7 wasn't stop hunt.... It was simply a RB placing a VERY BIG order. Question is why. Who tipped him off??? Mystery Â
Someone with orderbook care to investigate?? Â Level2 anyone??Â
And of course in the thin market it spiked, they took profit and off to holidays
Stop losses kissed bye bye. Same effect
Then after 10am the "news" spread around - ergo the up moves.Â
Bad news at 1:30...Â
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Since It's still Friday expect more spikes. Whichever way
1.3550 about now.
I don't trade this, and definitely not on Friday..Â
Beware of robber banks (RB), bad advisors.