cazador Posted July 21, 2010 Report Share Posted July 21, 2010 there was no news on these two candles. STOPS HUNTS ? http://img28.imageshack.us/img28/9080/gbpusdl.gif Quote Link to comment Share on other sites More sharing options...
iwjw Posted July 21, 2010 Report Share Posted July 21, 2010 Rabobank Eyed As Source Of Sterling Blip By KATIE MARTIN Of DOW JONES NEWSWIRES LONDON -- An abrupt dive in sterling early Wednesday stemmed from a computer failure at Dutch bank Rabobank (RBK.YY), traders at two banks said. The pound plunged by a hefty 1% within around one minute at the outset of European trading hours, hitting a low of $1.5166 against the dollar before quickly springing back. Knock-on effects were seen in sterling's patterns against other currencies too. The move lacked any solid fundamental trigger, but traders at other banks said that Rabobank's electronic trading systems inadvertently attempted to sell up to GBP3 billion in sterling against the dollar before they were switched off. Generally quiet summertime trading conditions probably accentuated the move. Rabobank didn't respond to requests for comments. At 0922 GMT, sterling was trading at $1.5283, just a shade below its level immediately before the early drop, according to trading system EBS. ---By Katie Martin, Dow Jones Newswires; 44 20 7842 9346; [email protected] Quote Link to comment Share on other sites More sharing options...
cazador Posted July 21, 2010 Author Report Share Posted July 21, 2010 Thanks you my friend!!!! Quote Link to comment Share on other sites More sharing options...
iwjw Posted July 21, 2010 Report Share Posted July 21, 2010 But if you need them, they aren't there Come on Rabobank and push my e/u short a little bit Quote Link to comment Share on other sites More sharing options...
4xmeter Posted July 21, 2010 Report Share Posted July 21, 2010 (edited) This is the same Bank involved in a previous manipulation two or 3 months ago. They are making some money with it. It has to be a hunting stop scheme. Next, copycats? Edited July 21, 2010 by 4xmeter Quote Link to comment Share on other sites More sharing options...
Timber13 Posted July 21, 2010 Report Share Posted July 21, 2010 totally agree it was a stop hunt, if you looked at where it stopped, 1.5195 a 76% retracement from swing low to swing high...bit of a coincidence......i think not! Quote Link to comment Share on other sites More sharing options...
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