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Another very obvious manipulation was Friday.
During the early european session they were moving EUR/USD and cable down when everybody knew that later that day, there was going to be an almost certain shocker in the form of US Trade Deficit. In fact they started preparing the manipulation game for cable a few days in advance and were displaying it to remain weak (silly reason being given was peaking of UK interest rates). So they were shaking off lose hands in the morning.
It is pretty obvious that manipulation does take place in the market despite its massive size. Question is who does this manipulation? Is it a few filthy rich individuals or is it some mafia?
How do they plan and execute their moves in unison?
I am not complaining as I was prepared for this exact game Friday.
I am just trying to understand who is behind all this.
Last edited by Habib; 14-08-2004 at 13:02.
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