Here Comes David Copperfield

We've seen this trick before.

Thu, Oct 25, 2018 - 10:38am

I'm just sitting here, laughing to myself as I begin typing on this fine, Thursday morning. All the talk yesterday about the lousy close, the horrible chart...and the ongoing, overpowering CB manipulation...and guess which side won out? Big shock there, huh?

It all started at the usual hour in Europe...8:00 am on the continent, 7:00 am in London. If you've been around here for a while, then you've seen this before. A ramp in the USDJPY that is triggered in the European pre-open, just in time to shift sentiment. Well, here it is again today, in all its glory!...

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turd [at] tfmetalsreport [dot] com ()

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