Frank_Drago

An example of MARKET MANIPULATION

FX:CHFJPY   Swiss Franc / Japanese Yen
Hello guys this is Francesco and I am going to tell you what happend in chfjpy in last days/weeks.
As you can see a rettangle had been created and price has had broken it but it WAS A FAKE BREAKOUT, big commercial Banks and Istitutional trader use this strategy to push price in the opposite direction of the trade thet want to execute, and then when most part of traders enter at market (sell positions in this case) Istitutionals insert their huge orders and make the price go up a lot.
So before a big movement always try to identify possible stop Huntings.
Now price could reach 112.00 or even higher, look for a possible short trade just if there will be clear bearish signals; I will update you on this pair

Comments

I have it on watchlist as well, my view
Reply
you should know this is Swiss Franc you are speaking about and there is an SNB! most manipulative central bank whose broke almost all people had been trading CHF in 2016 JAN!
Reply
Frank_Drago Masoud1369
@Masoud1369, you are right!
Reply
i thought i analyzed wrongly, so this will fall
Reply
I like your post. Great insight
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out