Here's some light reading for you given to me by the very highly respected Hoots. If you can get past the first 5 paragraphs without falling asleep you will gain a huge knowledge of this style of trading.
Personally I can't stand it and think it should be banned.
http://asxinsights.com/
http://asxinsights.com/2015/05/broken-markets-3-panaust-ltd-pna-as-a-case-study/
Here's a pic of how it's done.
Cheers.
Why hasn't the financial press picked up on this?, page-59
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