Quote:
Originally posted by Gamma Jammer
RandalFrost.
Sounds to me like there may be options barrier protection coming into play from the market talk and price action.
However more often than not these barriers get taken out anyway these days so whatever you want to call it - manipulation, speculation etc, ultimately these currencies are going to go where the lng term money says they should go. The only unknown is the timing.
That's no comfort to day traders though :-)
Good weekend all
GJ
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You can easily tell when these barriers and arificial TA support/resist points are going to be taken out by underlying Fundamentals.
Finding out how would be the job of traders.
Good weekend to you too!! :-)