Very usefull article of former interbank dealer Sean Leewhich give us deep insight of behaviour of big sharks. We must learn this if we swiming in same sea with them.Example of an interbank dealer who is looking at his order book and sees stop-loss orders to sell 200 million xxx/yyy at rates below 1.3700 down to 1.3690. The current rate is 1.3730 say. He has some options: 1. He can do nothing. He waits until the market breaks below 1.3700 and then he starts selling. The danger with taking this c…
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