FXfreak wrote:MO, i have a question: the quick move that started an hour ago was very fast. i saw a one-minute-candle with a size of 40 pips...
but the question is: why was the move so quick? was it a lack of liquidity or just huge buy orders? or both?
the answer is interesting because if that move was mainly based on a lack of liquidity then the sellers are still in okay. if these were huge buy orders then a reversal is more likely.
i was a bit surprised that a 40-pip-spike happened because normally big orders are not that obvious...
thanks!!
Wasn't it something to do with fundamentals, as in EU deciding whether or not to give Greece another load a cash! Can be a dangerous game trading when big things popping!