MoneyTec.com Traders Community Forum - View Single Post - Another very obvious manipulation was Friday.

Habib · 14-08-2004, 14:01

I thought I gave the basis of my observation. Nobody long cable or Euro for exmaple would have thought of liquidating their position in the european session when a whopper windfall could be expected later in the day at 08:30 EDT (12:30 GMT). Only those who could not bear the arm-twisting due to lack of funds or to some other programmed logic would be thrown out, and that is exactly what happened. It was big fish eating minnows (minnows being those who lacked either financial strength or general overall sense of the market).
It is no longer a question of if it happens or not, it is as to who does it.

14-08-2004, 14:01	#4 (permalink)
Habib level 3 Join Date: Jun 2004 Posts: 269 Rep Power: 0	Harlequin I thought I gave the basis of my observation. Nobody long cable or Euro for exmaple would have thought of liquidating their position in the european session when a whopper windfall could be expected later in the day at 08:30 EDT (12:30 GMT). Only those who could not bear the arm-twisting due to lack of funds or to some other programmed logic would be thrown out, and that is exactly what happened. It was big fish eating minnows (minnows being those who lacked either financial strength or general overall sense of the market). It is no longer a question of if it happens or not, it is as to who does it.