15Nov2014
Unexpected strong EURUSD movement at the end of Friday (14 Oct)
Here I want to explain my point of view on it,
1. What about the news "Michigan Consumer Sentiment (Nov)" acctually it was better then before - 89.4 points. But I assume the tactics of big players to move the EURUSD pair against the market accumulated shorts to cause massive stop outs of bears on a weak Friday's market. The news could work as a trigger only to stop out some players and to start accumulating LONG positio
Read full story
Translate to English Show original