Free Money Friday – Yentervention – G7 Style!

What a manipulated joke the markets are!
Of course, that’s why we love them, right?  But, sometimes, even when we’re playing along – the manipulation we see is so sickening, we still feel the need to declare SHENANIGANS!  On Wednesday evening, against all possible logic and on no volume at all – the Yen future ROSE (up is down), blowing past the 79.75 record high against the Dollar that had held since 1995, all the way to 76.65 DESPITE the FACT that it had already been signaled that the BOJ was ready to step in to support the Yen at around 80.

Why did this happen then?  This is what we call a flush and it’s what the manipulators do ahead of reversals to flush out as many stops as they can.  By triggering the stops of other bullish betters, they force them to sell – lowering their entry price and by triggering new, lower levels, they also entice short player to take up new positions.

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