GU
confirmed that big cash was shorting this all along was self evident from the price action did you notice around the European open that they allowed the pair to drift upwards 30 to 40 pips this is to lure in all the retail long trades.
There is a saying for this and its called:
The Pump before the Dump.
Worked beautifully at least until London lunch this pair isn't coming back in my opinion.
Simon
confirmed that big cash was shorting this all along was self evident from the price action did you notice around the European open that they allowed the pair to drift upwards 30 to 40 pips this is to lure in all the retail long trades.
There is a saying for this and its called:
The Pump before the Dump.
Worked beautifully at least until London lunch this pair isn't coming back in my opinion.
Simon
99% of Traders fail, so don't follow the herd