Who is the Seller | Forex Factory

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EA protecter and seller 0 replies

Who is the Seller

  • #1
  • First Post: Jul 16, 2007 1:09am Jul 16, 2007 1:09am
Been thinking about this, when a currency ie GBP/USD is reaching new highs who is selling at this level to allow buyers to push the price up.

Anyone shed a light on this ?
  • #2
  • Jul 16, 2007 7:28am Jul 16, 2007 7:28am
Quoting dragon77
Been thinking about this, when a currency ie GBP/USD is reaching new highs who is selling at this level to allow buyers to push the price up.

Anyone shed a light on this ?
GBP denominated Exporters, UK based USD denominated Importers to mention only two. Don't forget about, those that bought it earlier in the run, taking profit.

hth
  • #3
  • Jul 16, 2007 8:25am Jul 16, 2007 8:25am
and it also about supply and demand.
Artist lead and hacks ask for a show of hands.
  • #4
  • Last Post: Jul 28, 2007 7:40am Jul 28, 2007 7:40am
My friend who hedges is probably doing transactions due to his company doing so much business in the UK, sometimes they just buy/sell depending on what they need, and regardless as to what is happening in the market.
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