EURUSD: Another Stop Hunt on longs! If the Robber Bank MMs keep this up I am going to consider this to be the most highly manipulated equity, not gold!{image}
I did however receive an email promo from my MM broker with their inside analyst stating to hold your shorts and be patient{image} {image}
{quote}{quote} {quote} EURUSD: What is a Different Reason Brokers Tell Shorts to Hold? Big money and brokers,.....they are tight. Okay, so they don't want retailers that are short to close. That would mean buying. And right now, if the MMs are Bulls, then they are buying. And so would be the brokers. And they don't want to have to compete with others for buying liquidity, now do they. They would rather the shorts hold on until later, when the price is going too bullish for them to hold on any longer. When the shorts capitulate later, it will help the bullish momentum and make even more profits for the MMs and the brokers. If they hold out real long, and finally capitulate, the MMs and brokers can close their longs (sellers) into the capitulating shorts (buyers). So, of course the Robber Bank MMs & the brokers do not want retail shorts to close now. And especially they do not want them to close now (buy) , and then go long now (buy again). They want to hog the liquidity for buying. If you buy, they have to be a seller. If you buy again, they have to be a seller again. They don't want to be sellers because they are buyers. "Be patient." That is usually good advice. They know by using that phrase it helps them to sell, and you to buy, their lie. Always trust the broker.-tah
{quote} EURAUD and EURCAD M15 .......... Scalp Enough for me. The news are about. {image} {image}
{quote} EURCAD buy I think the EUR is strengthening. Double bottom. The stop loss close. {image}
{quote} {quote} Patron, Two good calls and trades by you, which you posted real-time on clear charts to help others learn.
GOLD: Personally, I do not trade this. It is perhaps the most manipulated equity there is, bar none. But, PA might be coming to an interesting point. There is a H&S potential here. There are multiple H&S possibilities, if you examine closely, but here is the first one. Suppose tomorrow the Robber Banks move the price back up to the half level or higher, and then pull the rug....... They could easily net 200 pips and call it a week done! They have been supporting the price by keeping it in the range, and for what looks like the purpose of coaxing...
Hold ya shorts boys
{quote} GOLD: Told cha!
Comment: AUDUSD It looks to me like the Robber Bank MMs took price back above the whole number as nothing more than a head fake move to deceive in longs so the MMs could have additional liquidity to fill their own short orders. The Forex Factory section dedicated to "Latest/All News" has been very entertaining for the last two days,....."talking heads" promoting the AU bullish notion!
