enuf mr. nice guy.......
.........the news has nothing to do with it.
it is an excuse to run price , jam up the retail traders, open the spread and blow those out running short on the edge of their margin.
" bank traders do not give a crap about the news. ........"
i repeat.........
" bank traders do not give a crap about the news. ........"
................................................................
their job is to take your money. ........period
they will run it down, blow the longs out, DB or DT the market , poke it out the bottom for the break out short traders, grab the pendings and get them short.
then run it up or down out of the zone so they are jammed.
this is called the reset.
you retail idiots hope they will take it down one more time to let you out.
if they have not collected enuf orders, they will ....
they run it down 27 more pips....right where you clowns put your stops.
they see all your pendings on their admin. platform .
if they still do not have enuf to go, they wait 30 min to 2 hours and will spike it one more time
to catch all the fresh meat in the last sideways period with pendings.
that is why 3 to a bottom or top works in trading.
after 3 trips down or up they need to move on with life.....
look at your charts . this goes on every flippin" day.
you also probably think your order is being matched up with some other guy in new jersey.
give your collective heads a shake after you pull them out of your butt.
i am an sp500 merc. member, retired.
you think your 1, 10 or 100 lot order moves the game.
it takes 5 to 10,00 lots to move forex and these guys own this game.
your job is to get in sync. and inside their heads.
they can only do 3 things and the IMF controls the max points per day banks can run a pair.
they are not allowed to ruin an economy.
hence the ADR number on the pairs.
get on the other side of your screen and start thinking like a market maker.
and tell the rest of the fools over in the live pip room to come over and read this post.
now you know.......