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Guys, someone has pushed the EURUSD in the last couple of seconds to 1.220, so almost all are having that price now. It will be interesting to see what will happen with that artificial gap when the market opens
Those are "weekend loans"
Shadow banking done by brokers
Those are "weekend loans" Shadow banking done by brokers
And they are using our money to do that
And they are using our money to do that
Checked some others (Bloomberg, WSJ, and some other big ones : no "weekend gap" this time). I know that brokers can adjust prices to their wish, but this becomes ridiculous
Checked some others (Bloomberg, WSJ, and some other big ones : no "weekend gap" this time). I know that brokers can adjust prices to their wish, but this becomes ridiculous
Even some big brokers were doing it before they became big. Not going to mention name but that is the quickest way they generate their own money - by taking your won without any cause that could have been caused by the market - pure broker generated
Long to short ratios before the market open :
No gap : 1.2182 (Bloomberg rates)
No gap : 1.2182 (Bloomberg rates)
This thing is dead : a total flatliner
Even some big brokers were doing it before they became big. Not going to mention name but that is the quickest way they generate their own money - by taking your won without any cause that could have been caused by the market - pure broker generated
Very true, and there is very little we can do about it.
Typical holiday ranging day
No news. Market makers and their algos are on holidays too. I don't think any big change is going to happen
Usual trading for this period. Support is holding. There are no changes in a trend. We can expect a usual thing trade in usual daily ranges for this period