Big player tricks - page 2
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You are good programmer but not trader...
Uh hu... assumptions again ... anyways i am none of the above ... but can you please use your 15 years of experience if any and define money flow in the market in light of my post which i did.. you may need to read my post 2-3 perhaps 4 times.
anyways simplex sorry man didnt wanted your thread taking different direction and my ending post rest i'll try just read heh
-guyver
Uh hu... assumptions again ... anyways i am none of the above ... but can you please use your 15 years of experience if any and define money flow in the market in light of my post which i did.. you may need to read my post 2-3 perhaps 4 times.
anyways simplex sorry man didnt wanted your thread taking different direction and my ending post rest i'll try just read heh
-guyverYou are right.
I don't have a time to read, be short.
I'm only passing the posts very fast.
HOW TO -- follow the big market mover -- they won't tell you , they are going to trick you
for best entry
I am thinking
-- indicator that tell the timing of ENTRY
-- then use another indicator for the best approx level of good price for enter
-- riffster one seems to be good for exit pricing and moment -- have not test it in LIVE trading yet
heheh , the broker that I work before, know that broker could get DATA STREAM from either REUTER or BLOOMBERG
I wonder, cja got a RSI flash light alike indicator, could we use that to tell what SIMPLEX talk about -- best that indicator getting TICKS, and we don't have to switch to lower TF to use that indicator
i.e. PLANNED MOVEMENT , as light could do a 180 U-turn, maybe cja can tell us, he seems to be better than us in observing that indicator == but there could be few light pattern, and I am still feel too timid when the light is ALL "ON"
any SIGN that we noticed (on what TF) that we could make consistent profit ?? (high success %) -- with recent market scenario -- !
we could advice on that !!
You are right.
I don't have a time to read, be short.
I'm only passing the posts very fast.i know i am right and etc etc etc..
-guyver
good post.. thanks to TS
dear Simplex..
bro, u got quite unique analysis...
kind of interesting....
dude..could u go on posting more charts and perhaps latest conditions, based on this "BIG BOYS" issue when it shows up in coming trades...
well i suppose there are few of seniors here have pros n cons regarding this issue... and i respect tat.. (1 just cant expect everyone is having the same point of view...rite?) its fine to argue..but just dont make it into quarrel.. since we're all are traders.. we are brothers in fx trading..rite? peace ^ ^
im a newbie here (its my 1st post though..n newbie at forex trading..still searching for best system that suits me..
i started trading live by january this year.. been having Profits n Losses.. but all profits turns into Losses somehow... never experienced having those bucks in my bank acc yet.....
anyway, waiting for the next post dude...
thanks for ur effort..
cheers
even the big boys know forex will lost money easily
say, they got some pension fund manager customer, they will do long term position of a trade
the broker (handler) , because of accounting governance regulation, even delay for up to 24 hr, the broker has to buy / sell , if NET position -- i.e. after consolidation, net buy or net sell i.e. if you buy 100 lots in 8:03am , they could buy 100 lots in 11:05pm
recently apple official shop sell iphone 4 --- say 500USD
then the small tiny phone shop , send lot of people to buy 10 of those at 500USD @
but then put up a SIGN outside the shop
-- trade in BRAND NEW iphone for 900 USD, i.e. small shop will buy new iphone 4 with official receipt at 900USD each
while after they gather 10 iphone4 , they also put up a SIGN that they will sell each new iphone (with no receipt) at 1000 USD
============ this way, the customer can't get it from apple shop -----
but they will think , great, imagine, that if they get hold of one (just dreaming), they could get 900 USD cash (i.e. 400USD profit -- but they can only dream it)
at the end, they will just buy it from the shop at 1000 USD (and still imagine , if they just demo it, don't really use it that much, they could sell back the shop at 900USD or a little bit less, say 700 USD)
=====
2 month later, even canada apple shop offer iphone at the special price of 444 (original 500USD) at sales and abundant stock
====== |||||||||||| ==========
does this example sound like FOREX
---------
so if you want to know what your broker will do , from MONDAY midday to FRIDAY midnight
you could not GUESS which direction that they could move the market, the next direction
but if there is a determination bar (I use 30M , you may use 15M), we could probably guess 1/2 to 2 days later, how will the big player play in that GAP period (not weekend gap , but determination bar gap)
i.e from time to time we can guess what player will do and then accumulate profit to play along side with them
--- but , it is extremely stupid that we guess, there must be WEEKLY swing in the same range , week after week, our strategy will still not as good as their SOFTWARE , that could detect and handle , and apply more strategy than us -- the bank / with the broker, never want to deprive their RESERVE of foreign currency and give us some screen / seat sticking salary --
I think this sum up - what big players does (imagine they are big spender in casino, that could scare the casino a bit, from time to time) -- but they just went to casino for fun , the statistics could be SAME as us for winning /losingxx3xxx,
As usual i have no idea what your point is....
in La Liga he does hat-tricks but against who? teams about to be relegated, sure he scores once in a while on big teams but what like 4 games already and he hasn't scored. and why didn;t he score on Inter? just goes to show that La Liga is a crap league even though i support Real Madrid i just think that La Liga is crap. do you agree with me or not?
even the big boys know forex will lost money easily -- so there is very quiet period of 10 pip movement
say, they got some pension fund manager customer, they will do long term position of a unpredictable currency , say when they want to sell EURO because the dividend time is coming up but euro is extremely swinging at that WEEK
the broker (handler) , because of accounting governance regulation, even delay for up to 24 hr, the broker has to buy / sell , if NET position -- i.e. after consolidation, net buy or net sell i.e. if you buy 100 lots in 8:03am , they could buy 100 lots in 11:05pm
===========
to make sure you understand easily , what is going on for day trading handling in the Broker perspective
recently apple official shop sell iphone 4 --- say 500USD
then the small tiny phone shop in the local shopping centre corner(not apple) , send lot of people to buy 10 units of iphone 4 at 500USD @
but then put up a SIGN outside the shop
--trade in BRAND NEW iphone for 900 USD, i.e. small shop will buy new iphone 4 with official receipt at 900USD each
while , they also put up a SIGN that they will sell each new iphone (with no receipt) at 1000 USD
============ this way, the customer can't get it from apple shop -----
but they will think , great, imagine, that if they get hold of one (just dreaming), they could get 900 USD cash (i.e. 400USD profit -- but they can only dream it)
at the end, they will just buy it from the shop at 1000 USD (and still imagine , if they just use it for a little while - just to have a feel of iphone 4, don't really use it that much, they could sell back the shop at 900USD or a little bit less, say 700 USD) -- that is NEVER BE TRUE -- but in forex , this is what we IMAGINE that we could do
=====
2 month later, even canada apple shop offer iphone at the special price of 444 (original 500USD) at sales and abundant stock
====== |||||||||||| ==========
does this example sound like FOREX
---------
so if you want to know what your broker will do , from MONDAY midday to FRIDAY midnight
you could not GUESS which direction that they could move the market, the next direction
but if there is a determination bar (I use 30M , you may use 15M), we could probably guess 1/2 to 2 days later, how will the big player play in that GAP period (not weekend gap , but determination bar gap)
i.e from time to time we can guess what player will do and then accumulate profit to play along side with them
--- but , it is extremely stupid that we guess, there must be WEEKLY swing in the same range , week after week, our strategy will still not as good as their SOFTWARE , that could detect and handle , and apply more strategy than us -- the bank / with the broker, never want to deprive their RESERVE of foreign currency and give us some screen / seat sticking salary --
I think this sum up - what big players does (imagine they are big spender in casino, that could scare the casino a bit, from time to time) -- but they just went to casino for fun , the statistics could be SAME as us for winning /losing
---
as a conclusion, JUNGLE CHESSBOARD [sylvester stallone] : can you strategy withstand EARTHQUAKE
better use some excel and historical chart to detect the TELL TALE SIGN of big motion , around the time that it is going to happen -- it could be predict, but can you stick with your plan and don't do unnecessary ENTRIES
please read carefully, even I use an analog for the methodology description, it is still JUST the oldest tricks in the book
there's no need to follow all the instruction of any people, Just take any action that you feel good.
even the big boys know forex will lost money easily -- so there is very quiet period of 10 pip movement
say, they got some pension fund manager customer, they will do long term position of a unpredictable currency , say when they want to sell EURO because the dividend time is coming up but euro is extremely swinging at that WEEK
the broker (handler) , because of accounting governance regulation, even delay for up to 24 hr, the broker has to buy / sell , if NET position -- i.e. after consolidation, net buy or net sell i.e. if you buy 100 lots in 8:03am , they could buy 100 lots in 11:05pm
===========
to make sure you understand easily , what is going on for day trading handling in the Broker perspective
recently apple official shop sell iphone 4 --- say 500USD
then the small tiny phone shop in the local shopping centre corner(not apple) , send lot of people to buy 10 units of iphone 4 at 500USD @
but then put up a SIGN outside the shop
--trade in BRAND NEW iphone for 900 USD, i.e. small shop will buy new iphone 4 with official receipt at 900USD each
while , they also put up a SIGN that they will sell each new iphone (with no receipt) at 1000 USD
============ this way, the customer can't get it from apple shop -----
but they will think , great, imagine, that if they get hold of one (just dreaming), they could get 900 USD cash (i.e. 400USD profit -- but they can only dream it)
at the end, they will just buy it from the shop at 1000 USD (and still imagine , if they just use it for a little while - just to have a feel of iphone 4, don't really use it that much, they could sell back the shop at 900USD or a little bit less, say 700 USD) -- that is NEVER BE TRUE -- but in forex , this is what we IMAGINE that we could do
=====
2 month later, even canada apple shop offer iphone at the special price of 444 (original 500USD) at sales and abundant stock
====== |||||||||||| ==========
does this example sound like FOREX
---------
so if you want to know what your broker will do , from MONDAY midday to FRIDAY midnight
you could not GUESS which direction that they could move the market, the next direction
but if there is a determination bar (I use 30M , you may use 15M), we could probably guess 1/2 to 2 days later, how will the big player play in that GAP period (not weekend gap , but determination bar gap)
i.e from time to time we can guess what player will do and then accumulate profit to play along side with them
--- but , it is extremely stupid that we guess, there must be WEEKLY swing in the same range , week after week, our strategy will still not as good as their SOFTWARE , that could detect and handle , and apply more strategy than us -- the bank / with the broker, never want to deprive their RESERVE of foreign currency and give us some screen / seat sticking salary --
I think this sum up - what big players does (imagine they are big spender in casino, that could scare the casino a bit, from time to time) -- but they just went to casino for fun , the statistics could be SAME as us for winning /losing
---
as a conclusion, JUNGLE CHESSBOARD [sylvester stallone] : can you strategy withstand EARTHQUAKE
better use some excel and historical chart to detect the TELL TALE SIGN of big motion , around the time that it is going to happen -- it could be predict, but can you stick with your plan and don't do unnecessary ENTRIES
please read carefully, even I use an analog for the methodology description, it is still JUST the oldest tricks in the bookHehe interesting. First of all i guess when you are talking about brokers, you mean market makers. You are right that some brokers play the market too, and some of them are even market makers, but many of them have just too little portfolios to move the market. Forex Brokers make their money in 2 different ways: One way is the spread, the other way is comission. Usually only ECN Brokers work with comissions normally combined with a very low spread. Brokers get their prices from liquidity providers. Since, the forex market is decentralized, they get theier prices from different liquidity providers. Them something all the beginners missunderstand. The brokers want you to win and not to loose! When you win, your account will grow and they get more comission or money from the spread because your positions will get bigger to when you have a bigger account.
Also you can not say EURO. In forex you always have to talk about currency pairs. It is true that some of the pairs have a high correlation. but nerver the same it can be 90 percent one year ant only 50 the next...
i gues when you say the euro is extremly swinging you mean it is trending.
Also it is true that some currency pairs have a low liquidity.
The metaphor with the iphone is wrong. This one is correct: Some big shop buys a lot of iphones for 400 dollar each. since there are not that many iphones on the market anymore, the people are willing to pay a higher price to get one. this is called the law of supply and demand. After some time the big store then sells their phones and makes a nice profit. The price is getting lower again because the supply gets bigger.