Appeared to be another slash and burn attack on the USD in the afternoon session. Whoever it was is weakening in their activities.
They wait until some positions are put on and play possum. Then run the stops to drive the USD down. They cannot hold back the full market so are now playing the game at off peak hours.
It will not be sustainable forever. The currency markets are too large for any single player to control or even influence for long.
Yeh I know this guy is nuts. But the charts tell the truth about intentions.
For USD longs just keep waiting for the extremes as entries. Let the market come to you.
They wait until some positions are put on and play possum. Then run the stops to drive the USD down. They cannot hold back the full market so are now playing the game at off peak hours.
It will not be sustainable forever. The currency markets are too large for any single player to control or even influence for long.
Yeh I know this guy is nuts. But the charts tell the truth about intentions.
For USD longs just keep waiting for the extremes as entries. Let the market come to you.