Chinese traders tip iron ore to hit $US70, page-123

  1. 12,956 Posts.
    lightbulb Created with Sketch. 39
    They are setting up the $2.90 level on FMG, lots of traders will enter, then they will smash it lower and hit their stops, then grind it lower to $2 over 2015 blaming the IO sector. Normal trading house practice going on here

    CK
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.