Tuesday, March 11, 2014


This morning theoretical opening price was pumped down to 1790. Every morning it seems the locals or some big trader is using big 'fake' orders (non bona fide orders with no intention to trade) to 'test' the market for stops. This is actually creating false and misleading market activity. I wonder why the trade surveillance is not clamping down on this sort of activity.

Anyway now that they created the 'watch out below' mentality on the market players, they now pump the price up, having caught some shorts (who expect the stop to be triggered)

So, to fill the gap up there? Time will tell.

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