I've noticed in my "deep in the market" program something that took my total attention and displeasure and indignation since yesterday.
I was watching the prices the whole day and very early I noticed that suddenly a big size of selling bids ( 332 ), exactly at 130.30 showed up and stay there the entire trading day.
Today the same size and ( exactly 345 lots) is there selling at 129.50.
That is a cap selling and by the way it showed up today I suspect those bid should be FUNDS.
I think the Exchange should be more transparent, It's ok professional traders participate but every time that happens something like that the exchange and the CFTC should investigate. Really I don't think those sales bids are Origins. I work with Origins and they don't trade like that. Bid prices are building one by one or 10 by 10 but never show up as a block of 200 or 300 lots
I think those big trades bid should be audited
I think the market should be more transparent and the exchange should provide the information to the public who is selling or buying the market and the size of the bids
What is your Opinion dear Friends?
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