Vancouver Canada
Posts: 16 since Jul 2011
Thanks Given: 2
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I've seen large orders hit during the Asian session including similar 5,000+ orders
whatever the block/s volume might have been
not usually up at this time of day and it was definitely a surprise to see the price
reverse direction as it did, and according to the Dow Jones newswire via Oanda -
"Euro Jumps On Sarkozy Remarks About Defending Euro" 6:12am
then of course the price reverses from the top to continue the downtrend, which all
adds up to 'buy on rumour sell on news' - or in the euro's case, 'sell on rumour buy
on news' with the news being whatever Federal Reserve Chairman Bernanke has to
say on Friday
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