GBP USD

I also don't think this is a fat finger or whatever lamo reason people paint on this afterwards because frankly nobody knows except the seller what's up and he ain't talking.

I think this was purposeful and strategic and someone with a plan made that happen.

Look we saw that in the gold flash crash. They changed the sentiment. They pushed it lower. It went lower after that following a minor DCB. It destroyed everybody's trust in the asset after that move. Its designed to change sentiment and shock people and scare them off from defending it. It made bagholders out of dip buyers. It scared everyone off and it formed a negative trend. I'm wondering if this is similar. Someone trying to scare everyone out to continue the downtrend forming in GBP/USD.
 
FreakofNature said:
Was anyone on the right side of this trade? Able to exit at the extended levels? I had a short from 1.29 area but covered 1.2550, never in a million years would I have guessed 1.18s so rapidly. At least with BREXIT you knew, something monstrous could happen.
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I had a short from 1.305, covered just now at 1.2326
 
Very wonderful movement on gbpusd also gbpjpy on asian session last time, pair move more than 600 pips only few minute, might some trader already get big profit but also might some another get fail, I don't know what happen but still trying follow bearish trend
 
welcome to completely manipulated markets (CMM). No more free markets. But hey, if you can wrap your head around the idea that

1) US is king. US equities, US Treasuries, US dollar rules the world and one can buy or own these with complete impunity.
2) US markets are Risk Free
3)Most other Western Nations and investors will need to own everything US if they want to survive. To quote: You are either with US or against US
 
Pricechange said:
welcome to completely manipulated markets (CMM). No more free markets. But hey, if you can wrap your head around the idea that

1) US is king. US equities, US Treasuries, US dollar rules the world and one can buy or own these with complete impunity.
2) US markets are Risk Free
3)Most other Western Nations and investors will need to own everything US if they want to survive. To quote: You are either with US or against US
More...


hubris goeth before the fall. you called the top in the dollar.
 
The move itself had very little participation . While we've settled into a new range for now it's likely much more volatility is on the horizon.

cablenonevent.PNG
 
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