Something you should be aware of about manipulation by Banks

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Something you should be aware of about manipulation by Banks

It is worth reading this excellent article about how Banks have been manipulating the forex market.
10 Banks control over 70% of all market activity.  The temptation to manipulate has proven at times too tempting to not do.  Wikipedia is a good resource for reading several forex related topics for your understanding about the "real world"

Recently, some banks were fined GBP2.7 Billion in total for their transgressions.  Details are here:

http://en.wikipedia.org/wiki/Forex_scandal

The references at the bottom are also very interesting as it explains some of the inside workings of these Banks. 

There are techniques to protect yourself so I encourage you to become informed and then let the battle begin. When you see an inexplicable big move up - start thinking "reversal?" and not "jump in?" and your bottom line will improve.

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