But let t dragon shows..
Sonic
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Disliked{quote} Moonwen, It is a fair question. Unfortunately many have asked it before. So, I am going to be brief. You can fill in the blanks or search the thread or just keep reading the thread. Eventually you will come across the numerous times I have written about this. Essentially, when a Market Maker, or a group of them connected together (ECN: electronically connected network) decide to collude to manipulate price, one thing must happen. As they buy/sell their way up/down the queue of pending orders at every price level any imbalance between pending...Ignored
Disliked{quote} Loeil, you think the MM can go for the GAP the Sunday? Thanks!!Ignored
Disliked{quote} Loeil, you think the MM can go for the GAP the Sunday? Thanks!!Ignored
Disliked{quote} {quote} EURUSD: What a neat deceive & thieve charade for the MMs this might be. Everyone has been thinking of that gap. The lower the MMs let the price go, the more longs flock in for the gap filling profit........which will never come because the MMs are gladly taking the short side of all those longs......and they continue the price lower - SLOWLY, so as not to scare the longs off, but just enough to make them think they are getting a even better deal! Come to think of it, I bet that is the very reason the MMs gapped the price down...Ignored
Disliked{quote} EURJPY Short Trade Update: Added short #2, Scout. No TP yet. EUR high impact release in about 1.5 hours. Anything can happen, but right now it continues to show bearish. {image}Ignored
Disliked{quote} Hi Traderathome, I'm short on AUDJPY M15 since yesterday. There were those two big red down bars after price touched a round number level. Then I entered a short trade after the bounce. What should have told me that it was too soon to enter a trade?Ignored
DislikedYEN Pairs: Sonicers, Note the JPY high impact release tomorrow (about 19 hours from now). MMs might move prices back up a bit beforehand. Enough to trade long? I guess you decide that by looking at your chart. In any case, overall these remain bearish. UJ is excluded from this. I'd stay away from it. What is the effect of USD strengthening and so too the YEN? Seems not a pair I'd be interested in. For example, take a look at AUDJPY on M15. The Dragon has turned down. So has the Trend. The clue is to see the heavy selling activity down from the upper...Ignored