Menu
Sister Sites

  • CHF buying tips dollar slump

    From forexlive.com

    A gap down in USD/CHF seems to have triggered a broad round of USD selling that has spread to EUR/USD and gold. It’s reminiscent of the moves on Friday.

wow!
Late news !
Every excuse is a choice to fail !
pure lies and manipulation. the move started at the exact same time on both currency pairs. talking-forex and forexlive are sponsored by the same agency. I'm not sure who, but I guess one of the real big players like MS or GS. They sent out a false news feed and guest post with talking-forex right as the move started in the eurusd from 3150. Trading against these guys advice can almost be considered a sound trade plan.

perhaps the last buy the rumor rally into greece's bond payment march 20th. just providing the euro with some cushion for fact-selling time. who knows anymore honestly. housing data out of europe and china was horrible today but euroranger cares not
no clue。。。。。。。
short 42pips ... what say u phoenix mgmt
someone ought to investigate BIS for insider trading! I've kept a journal of all BIS activities. 100% of the time when BIS buys, there were bound to be a news in few hours time after that......... Likewise for sell.

Hope you weren't caught out by the stupid rally

Quoting Phoenix Mgmt
pure lies and manipulation. the move started at the exact same time on both currency pairs. talking-forex and forexlive are sponsored by the same agency. I'm not sure who, but I guess one of the real big players like MS or GS. They sent out a false news feed and guest post with talking-forex right as the move started in the eurusd from 3150. Trading against these guys advice can almost be considered a sound trade plan.

perhaps the last buy the rumor rally into greece's bond payment march 20th. just providing the euro with some cushion for fact-selling...
Quoting R2d
short 42pips ... what say u phoenix mgmt
if you are thinking of shorting, be wise and wait till 1.3262, BIS tend to move 100pips on average though it may happen at 1.322 or 1.32407 or 1.32602, so take your pick if you want to short.
short at 1.3234
1.3231/40 resistance it won't be going down so soon. Think it will break 40 and 60 next. Don't short too early but BIS should have hit their 100pips target now, so watch your chart for entry.
  •  Guest
  • | IP XX.XX.49.55
A foolhardy rally today means great shorting opportunities tomorrow!
seems the Euro Savers try to throw so many Billions at that Currency and hope it sticks.
Quoting ThisPip
seems the Euro Savers try to throw so many Billions at that Currency and hope it sticks.
it may not be euro savers, there is a possibility that it might be FED who is behind this. Asian banks were selling and they got busted this morning, ECB not doing much, so who can BIS count on to buy?
http://www.globalresearch.ca/index.php?context=va&aid=29817
Correlating DOW & S&P indexes and this parasite, the gap is increasing. So the downfall may come soon.

I'm bear but I buy n sell - aka a honey sucker bear
Quoting jonahky7
if you are thinking of shorting, be wise and wait till 1.3262, BIS tend to move 100pips on average though it may happen at 1.322 or 1.32407 or 1.32602, so take your pick if you want to short.
seems u know what happen next. so good ur trading method. can share haa??
just want to know, how big is BIS ?
Who's BIS??
Make your losses in demo. Earn your profits live.
Bank for International Settlements
www.bis.org/

They are dealing for central banks, basically.
BIS is freaking big, it acts as the central platform for a lot of international banks. THeoretically it ignores any political news and act to gain money for itself through buying or selling. They starts in the morning session of Europe time when they buy or sell. Sometime they range only 50 pips but generally their profit range is minimum 100pips, so it's better to follow them - but don't follow blindly.

I've recorded all the transactions they have done for the past few months in my journal. 100% of the time, when BIS buys or sells, there will be a big news that follows after that, usually few hours after. So I really believe they are doing insider trading! But guess no one is able or willing to investigate them.
There are many instances where BIS buys only to sell - a rinsing cycle process.

Looks like ACB got short squeeze a bit today by BIS. So if asia banks are fighting against BIS, you have to guess who is with BIS, not ECB. SO who else, sounds like Fish something and his gang.......the invisible QE3
Quoting jonahky7
So I really believe they are doing insider trading! But guess no one is able or willing to investigate them.
They deal on contract, for the biggest international banks as you mentioned. Banks give them the orders and they just do their job.
Quoting jonahky7
BIS is freaking big, it acts as the central platform for a lot of international banks. THeoretically it ignores any political news and act to gain money for itself through buying or selling. They starts in the morning session of Europe time when they buy or sell. Sometime they range only 50 pips but generally their profit range is minimum 100pips, so it's better to follow them - but don't follow blindly.

I've recorded all the transactions they have done for the past few months in my journal. 100% of the time, when BIS buys or sells, there will...
thank you for information. Do you know where I can get their forecast. Im not going to copy but I just want to know when or not im on their side.
They don't publicise anything, you either hear it on twitter or forexlive but I will post when I hear anything as well. So if you want, you can add me to your list and keep posted.

I simply recorded all the trades they have done since Oct 2011 till date, number of losing trades 4, number of trades won 33. Try asking Morgan Stanley to replicate their success. But each time when they have transaction going, there was always sometime big to happen that day. So international banks do definitely have insider news, which is not surprising to me.

Quoting Link
thank you for information. Do you know where I can get their forecast. Im not going to copy but I just want to know when or not im on their side.
Quoting oneightwenty
They deal on contract, for the biggest international banks as you mentioned. Banks give them the orders and they just do their job.
When I said BIS is into insider trading, I'm talking about banks (no need to be so direct otherwise my bank will kick me out from their door ) - and we all know manipulators tend to have inside informations
Banks are allowed to collude in FX. FX is not even a regulated market, so they can ''insider trade'' as much as they like. Spreading rumours is a bit different, that is considered ''market abuse''. But hard to prove where a fake rumour originates from.

What is clear is, that a few central banks are in control of the moves right now. They use the BIS for market anonimity. And they play with us.

BUT

I remember 15-20 years ago, Bank Negara (Malaysian central bank), was the biggest player in the FX market, trading huge amounts and making huge amounts. And then 1 day, they ran into someone bigger... and Negara lost fortunes. They were never seen again after that.
Quoting Traditio
Banks are allowed to collude in FX. FX is not even a regulated market, so they can ''insider trade'' as much as they like. Spreading rumours is a bit different, that is considered ''market abuse''. But hard to prove where a fake rumour originates from.

What is clear is, that a few central banks are in control of the moves right now. They use the BIS for market anonimity. And they play with us.

BUT

I remember 15-20 years ago, Bank Negara (Malaysian central bank), was the biggest player in the FX market, trading huge amounts and making huge...
Yes I remembered that, they were also linked to Hong Kong and Singapore too
Quoting Traditio

BUT

I remember 15-20 years ago, Bank Negara (Malaysian central bank), was the biggest player in the FX market, trading huge amounts and making huge amounts. And then 1 day, they ran into someone bigger... and Negara lost fortunes. They were never seen again after that.
Quoting jonahky7
Yes I remembered that, they were also linked to Hong Kong and Singapore too
Yup, they ran into George Soros. They got played, cried wolf and then just disappeared. But of course they would argue that they had no choice but to intervene in the FX market because their currencies were pegged lockstep with the US dollar. They stopped pegging to the US dollar thanks to the big bad George.
Make your losses in demo. Earn your profits live.
Phoenix Mgmt - I never pay attention to Telegraph though it's a big national paper here in UK. Remember we Brits are Euro sceptics, lmao. So best to ignore Telegraph unless there is an actual event that happened, otherwise their bearish talk are empty talks.

So my advise for traders is don't bother taking Telegraph for what it says until AN ACTUAL EVENT happened, then start listening, otherwise just treat it as rubbish.

Last Friday, I talked about my naive conspiracy theory and it's coming true

This morning I talked about range 1.3-1.33, may come true but tomorrow we MAY see BIS SELLING . 20th March there is a likelihood - if not tomorrow it will be the aftermath soon. Tread carefully traders.

I don't even look at my tech charts these past 3 weeks apart from the RS lines, the rest are manipulated sentiment analysis, damn!! Wish I have more insider news, lmao!

Quoting Phoenix Mgmt
Conspiracy Theory: Profiting off Disinfo Websites

I've noticed that talking-forex.com and forexlive.com are disinformation websites that function for one of the biggest banks/brokers in the world. My first guess is BIS (something Jonahky has mentioned many times) . I've been monitoring these 2 web sites for a long time now.

Here's a typical sampling of how they operate. The following are posts in the News section of FF from March 19th:

"Fed's Fisher: no one presently believes that the Fed are going to proceed with Q3." talking-forex.com.

The...
  •  Guest
  • | IP X.XXX.73.69
The resistance you are mentioning is 3248, a monthly one, and been there for quite a while now. we will not break through that for long, unless very convincing greek news arrive tomorrow. No Japan session today, dont get trapped by bots and scalpers, wait for london! good luck.
Quoting jonahky7
I don't even look at my tech charts these past 3 weeks apart from the RS lines, the rest are manipulated sentiment analysis, damn!! Wish I have more insider news, lmao!
hey Jonahky. I'm really starting to understand what you mean by the BIS.

I wasn't quoting from telegraph. Is telegraph operating in cahoots with talking-forex and forexlive too?

I agree completely technicals are trash lately. Offering crap 25-30 pip moves at the best. EurUsd has become a news-driven and insider-driven market.

The funny part is you'd think the manipulators WANT To destroy the EU. The more they artificially inflate the Euro the more impossible it will be for the EU to recover. It's pretty crazy and sad at the same time, but I'm here to make money not save the world from its own stupidity.
@ Phoenix Mgmt.

The 2 websites you mentioned mean nothing and are also late in the chain of information, they don't create news or stories. They are followers, laggers. They get their info from some of us, i.e. bank traders. Bank traders who actually SEE the orders of the BIS directly on the EBS (the interbank electronic broker) or via direct phone contact with FX sales people in top tier banks.

So yes, some bank traders make up stories, but after a while you know who to take serious and who not. Most other bank traders like me take every story with a pinch of salt, we look for confirmation if the source is not trustworthy...
Hey Phoenix, it took me half a year and countless blown accounts to figure what you just said about old Gezza and the forexlive crew ... please don't spoil the game, let's make money trading the right direction, keep shtumm or you'll get yourself banned soon. See your post already deleted?
forget about tomorrow, just steal away into the night
Personally, I think it is good that what used to be priviliged information for bank traders is now available to retail traders.

But retail traders must do the same as us: not accept any story blindly.
.
the fact is they are fed info from insiders and manipulators, as you yourself say. well their feed this time was typical of them feeding information opposite of the big move about to happen. I don't care if they are simply being fed true or false insider information or not. There's laws against this kind of practice in all other security exchanges. The whole practice is utterly corrupt. It's a game of poker out here in forex trying to decipher this shit.

Quoting Traditio
@ Phoenix Mgmt.

They get their info from some of us, i.e. bank traders. Bank traders who actually SEE the orders of the BIS directly on the EBS (the interbank electronic broker) or via direct phone contact with FX sales people in top tier banks....
deleted posts. now i know I'm dead onto the stink of it. i'm over it. can't save the world gluck guys
You are right, it is a nasty corrupt game at times. I do agree with you there. But you learn to live with it. I have often maintained here that FX is a very rigged game.
That's the main problem with forex, it's not regulated, and please please don't get it regulated like what the French and German wants to do, otherwise taxman will come knocking on my door for tax-evasion, lol. Forex is still considering gambling here so not taxabe. Please don't suggest it for regulation.

Let's see what tomorrow may bring. Greek Fin Min quits, we knew he will, so it may just be the start of a wonderful events to come.
Quoting Forexia
Yup, they ran into George Soros. They got played, cried wolf and then just disappeared. But of course they would argue that they had no choice but to intervene in the FX market because their currencies were pegged lockstep with the US dollar. They stopped pegging to the US dollar thanks to the big bad George.
Yep, the good old days!!
Quoting Phoenix Mgmt
hey Jonahky. I'm really starting to understand what you mean by the BIS.

I wasn't quoting from telegraph. Is telegraph operating in cahoots with talking-forex and forexlive too?

I agree completely technicals are trash lately. Offering crap 25-30 pip moves at the best. EurUsd has become a news-driven and insider-driven market.

The funny part is you'd think the manipulators WANT To destroy the EU. The more they artificially inflate the Euro the more impossible it will be for the EU to recover. It's pretty crazy and sad at the same time, but...
No Telegraph don't. But few folks from forexlive are based in UK, so it's common to grab news from Telegraph on a Saturday morning breakfast time, unless they can read German, French or Greek papers.

To be honest, I do have to give credit to the folks at forexlive, several successful sentiment trades were tipped by them.........
wow I really need to move there! no FIFO laws AND you aren't taxed on capital gains in forex haha America really is for suckers I'm blowing this joint!

ya I am not asking for them to be censored either. In a way they are doing me a service haha. I just got excited because I've finally figured an aspect of forex factory out that boggled me since I started coming here. It's all part of the poker game I suppose. It's one of the big secrets you can't learn in any book hehe
Quoting Phoenix Mgmt
wow I really need to move there! no FIFO laws AND you aren't taxed on capital gains in forex haha America really is for suckers I'm blowing this joint!

ya I am not asking for them to be censored either. In a way they are doing me a service haha. I just got excited because I've finally figured an aspect of forex factory out that boggled me since I started coming here. It's all part of the poker game I suppose. It's one of the big secrets you can't learn in any book hehe
Yep That's y UK didn't get into bed with Euros, if UK have done so, the financial market will be taxed like nobody business, resulting in brokers behaving like that chap from lehman. But we have our problems in UK too, it's a land of suckers too.
Well manipulation can happen in any financial market regardless whether it's regulated or not. Stock market is regulated and it's traded on exchanged and yet you can still get burned by trading on baseless internet hype stories.

The key is trade smart. Nobody ever said financial trading is easy otherwise there will be no money to be made. Trading of any financial instrument is a zero-sum game meaning that you can only make money at the expense of someone else's stupidity, ignorance and/or naivity. Sounds cruel but unfortunately it's true.
Make your losses in demo. Earn your profits live.
Quoting Traditio
Yep, the good old days!!
See what happens when people get smart?? ;-)
Make your losses in demo. Earn your profits live.
That's right: take it for what it's worth. I still prefer to know what the story is, even if it might be a fake story. At least you know what was driving certain moves.

Gd luck guys. Nice talking. Speak another time.
  •  Guest
  • | IP XXX.XXX.253.41
so,jonaykh7 can u tell me more about eur/usd ? thanks
Quoting Guest
so,jonaykh7 can u tell me more about eur/usd ? thanks
Please get registered in FF and let us know who you are first
finally some selling started..lol
Becareful for your shorts there are be hedge fund bid interests at 1.319 area.
Where do you see those bid interest and offer interest? I see ppl post all the time bidding and offer interest by those "Big Boys", banks, hedge funds & etc., where do you see that? Did you get that from some newswire?

Just curious.
Make your losses in demo. Earn your profits live.
  • New Comment
  •  Guest
  • | IP XX.XXX.111.47
Join FF
  • Story Stats
  • Posted: Mar 19, 2012 10:47am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 50  /  Views: 14,563