DislikedI think you're reading way too much into this documentary. It's simply an outsider's view of an insignificant subset of activity that it makes it look like the 3 traders are in some sort of game against each other. The documentary even asks, "who wins?" as if the 3 traders are even aware of each other's existence or even cares. The casual TV audience might even think there are very few of these traders when in fact there are thousands if not more.
Based on the misguided premise of the documentary (which is: looking at the actions of only...Ignored
I don't think I'm convinced by your arguments. Of course you have the right to your opinion and I do respect it.
If 20 million had no effect over the market why they had to sell it in small chunks using a bunch of traders.
We saw in real time they had to act quick.
Why?
Because 20 million did move the market.
Take a look on the chart below. in 1998 the Forex market was less tha 1/4 of what is today.
In 1985 it was probably in the order of 800 billions or even less and thats the aggregated during 24 hours.
So if you take in consideration that we are on the first part of the asian session 21M pounds ( 27 million dollars) did do something
So, you think you have rights? LOL