MUST READ [save for later]
Manipulated markets and HFT Algos:
“Just use any one of several highly leveraged means of signaling to the computers that it’s time to buy instead of sell. Common leverage points include the Japanese Yen-to-USD price level, selling VIX to lower volatility, and buying massive quantities of index futures ‘all at once’ "
The first example chart he gives is CL from 7/20/17, but it can apply to most/all:
“I happened to be watching this in real time and began counting off seconds. Before I got to 3 seconds it was over… So...8 thousand contracts in 3 seconds. Staggering…. You have literally zero chance of trading that event as a human, even and especially if using 'insurance' like stops…”
“…we know that central banks are highly active traders on the CME platforms”
http://www.zerohedge.com/news/2017-07-2 ... ssive-sell
And JPM just reported that they are going to use all robots instead of "carbon-based traders"
http://www.zerohedge.com/news/2017-07-3 ... s-out-work