Cable’s recent movement has certainly got the market talking. Talk Im hearing is that it was a Dutch bank responsible. Talk of algo box throwing a wobbly. Talk 1.5200 being struck instead of 1.5300. I have no idea about algo’s.
We’re back at 1.5310 as though nothing ever happened.
8 Responses to “Well that was fun, or possibly not…..”
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AUTOREFRESH 
Gerry, What do you think? Is there any new news about stress test, which was not leaking yet? I mean public news.
what did they do kick it? and it said “computer says no”?
My take: it was a huge two minute scalp
I could do that now and then if I had a trading account like Dutch bank.
when things like this happen… I never know what to think… very bullish or very bearish?
I just think it’s a cock-up
Hi Gerry! Thanks for the up to date work. Just want to hear from you your thoughts on Fib levels after that 5min “out of wedlock” candle. Would you take it at all into account and re-draw fib levels or would you just kind of treat it as the elephant in the room?
No…it was an ‘Alco box’….Shiraz I believe.