DislikedThey might try for it by London close when liquidity is light.which then it'll most likely be fast. Either way if it happens before NY close it may be good for at least forty pips.Ignored
They know the aggregate of your orders and will move price accordingly. This move that were seeing started Sunday night. I suspect a two or three brokers were the ones propping the market up with massive buying. Under each pullback there is still a large amount of buy orders.
Now that the short position has been met and will most likely breach thoroughly, the broker will invariably push it into a loss trapping the trader and will actually GUARD the position from going back into profit. The broker will not let the market go down with a position in profit, they will move price against it at all cost as long as the trader has enough margin to hold it. THIS is what you guys are seeing every day, hour, minute and second. There is much more to this.
Do not trust your brokers, they are your adversary. The "relationship advisor" you speak to on occasion if he even has the balls to speak to you is the one that goes through his client list and decides who the broker can bet against. They also try to reverse engineer the profitable traders and find out what that trader is doing for various reasons you can conclude.
Their technology has come a long way in every aspect. Those of you sharp enough can tell things have changed a lot in the last five or six years. Bottom line, your brokers are motherfuckers that will rob your grandmother and worse afterwards. There is no limit to what they will do with the market - BELIEVE it - for ONE position against them and it doesn't even have to be large. They are also the ones pricing the fx derivatives. The whole market is a smoke show and the politicians and "regulators" are too dumb to even know as they are left in the dark and the regulators are just as much in on it as you go up higher.
There are things I want to tell you guys but sometimes this website is a turn-off mainly due to some of the people. All I can say is that things are not what you think. Just look at the fundamentals and releases for the dollar and what this pair has done.
Enough said for today. Let's see if 794 holds they brought it up this far, most likely it won't and the path seems pretty clear to 830
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