Disliked{quote} Try the biggest banks in the world with interlocking directorships, the central banks, and the market makers who slave to slip prices up and down to fill their orders.Ignored
Well, banks are up to 40% according to BIS data and most of that is transaction between banks.
Then there are two more "big fishes" - financial institutions, funds etc [/justify]
... and commercial interest, not related to FX market, not looking for a profit. Coca-Cola, McDonalds, Wal-Mart, governments etc just buying/selling something (potatoes from Peru or guns from Russia).[/justify]
Average FX trade lasts less than 30 sec and not because high frequency super robots, but many "accidental" market participants just do their daily thing.
And retailers - ab 6% of mkt, it´s estimated that they hold little over 200 billion junk of this grazy FX. [/justify]
I just think that FX aint so different than any other normal area - banks don´t care about you. [/justify]
F_ck your analysis, I know exactly where the market will go. To the right.