A quick post regarding the 4 minute crash on the 7th of this month. Its been hailed as a computer glitch or the use of algorithms, automatically forcing the crash/ (or and), the news that it will be a hard BREXIT


GBP/USD down 631 pips
GBP/AUS  913 pips
EURO/GBP  444 pips

You can see here how many pips were lost by many traders taking huge losses when their stop loss points were hit.

I think this was collusion by the banks to recoup some of the huge losses they made betting that we would remain in the EU.

They got it horribly wrong and colluded to wait for an appropriate time to stitch up fellow traders

What a great bunch of excuses to recoup their losses.

This was a report from the BBC website on a previous fix by Forex traders

Last November, the UK's financial watchdog, the Financial Conduct Authority (FCA) gave some examples of how traders at banks calling themselves names such as "the players", "the 3 musketeers", "1 team, 1 dream" and "the A-team" attempted to manipulate foreign exchange markets.

Afterwards, traders congratulated themselves, saying: "Loved that mate... worked lovely... pity we couldn't get it below the 00", "there you go.. go early, move it, hold it, push it", "nice works gents..I don my hat" and "Hooray nice teamwork".