EURUSD 6E Euro | Currency Futures


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EURUSD 6E Euro

  #917 (permalink)

Bala, PA, USA
 
Trading Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus, IB
Favorite Futures: SPY, Oil, Euro
 
monpere's Avatar
 
Posts: 1,858 since Jul 2010
Thanks: 300 given, 3,321 received


Trafford View Post
Monpere is it that simple? I am not sure but I am always open to new ways of thinking. But one way to get sorts out of the market is to entice them to go short they then build liquidity for you to trade into. They accelerate the move with their buy stops which provides real liquidity to buy when the market returns to prior area where there was resistance.

It's his theory. It makes sense to me under normal market conditions. But even if the cause is due to the type of market manipulation you mention, during the event the strength is still to the down side whether artificial or not. Even if it is a ruse, depending on your trading method and time frame, you can still possibly take advantage of that manipulation.

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