hi there
so this is how I see it (here come's the idiot inside of me again)
if starting last night diff news started to show up on diff publications explaining in percentages that there is a chance that the BOE on thursday will bring a rally up up up to the sky ....and indeed traders started to buy and predicted at least 1.62 if not 1.6275 or as I said 1.6298 still we are on an steep down slope.
wanna know why?
well sharks do it both ways.they are not bi and not straight
they drop the news,they buy to trigger the mass madness and people jump as they think well....''it started already,let me get a sit in the front row''
at one point the sharks cash out and sell sell sell and that's when the retailers focus on the big avalanche and start selling as well or the unlucky ones are stopped out .....and the price goes down to where it belonged 1.6010-1.59-1.5750
Another big day for the sharks,they had us as they wanted grilled and served on salad
that's why news are mans of mass manipulation even days ahead.it just allows the big ones to do whatever they wish.
we're just dust for them and nothing can change that.
p.s. watch the 1.600-1.5988 area as there is the bottom of the ichi cloud on H4
if that one brakes we will have some 200-300 pips down
p.s.2 I still keep my words about 1.6298 as well but it is not for small day traders with small SL.please do not follow in such market conditions
so this is how I see it (here come's the idiot inside of me again)
if starting last night diff news started to show up on diff publications explaining in percentages that there is a chance that the BOE on thursday will bring a rally up up up to the sky ....and indeed traders started to buy and predicted at least 1.62 if not 1.6275 or as I said 1.6298 still we are on an steep down slope.
wanna know why?
well sharks do it both ways.they are not bi and not straight
they drop the news,they buy to trigger the mass madness and people jump as they think well....''it started already,let me get a sit in the front row''
at one point the sharks cash out and sell sell sell and that's when the retailers focus on the big avalanche and start selling as well or the unlucky ones are stopped out .....and the price goes down to where it belonged 1.6010-1.59-1.5750
Another big day for the sharks,they had us as they wanted grilled and served on salad
that's why news are mans of mass manipulation even days ahead.it just allows the big ones to do whatever they wish.
we're just dust for them and nothing can change that.
p.s. watch the 1.600-1.5988 area as there is the bottom of the ichi cloud on H4
if that one brakes we will have some 200-300 pips down
p.s.2 I still keep my words about 1.6298 as well but it is not for small day traders with small SL.please do not follow in such market conditions