- Joined
- 4 January 2005
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For you dom privileged traders, is there much pulling of orders from the market or can you rely on the dom as a true indicator of the support/resistance at various bid/ask levels?
I.e. Will the big boys place a safety blanket of heavy bids to give the illusion of support only to pull the rug out and does this happen often enough to shake trust in the dom?
Well the traders LOVED that Unemployment figure today. Worse than expected, nothing happened, then it started to dribble upwards.
Worse then expected?
Forecast was 4.5% and actual was 4.3% (lower unemployment = good).
http://www.forexfactory.com/news.php?do=news&id=136104
http://www.abs.gov.au/ausstats/abs@.nsf/mf/6202.0
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