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elbert3 Mar 1, 2019 3:21pm | Post# 475421

Like to see 3230 if if it breaks then back to my breakout number 3177 but need to clear this 4 hour wick thou
Full of flu and not been enjoyable

Techanalyst Mar 1, 2019 3:25pm | Post# 475422

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Took my profit at 1.3171. Trade safe and have a good weekend traders.
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Dr.Zain Mar 1, 2019 3:34pm | Post# 475423

Watch the positions held. When the majority are selling, most of the time it is buy. When the majority is buying, most of the time is selling. Sometimes the MM will let the price go higher if the majority are buying for example. It will make the traders think that is something that they are doing right. But the next day when everyone is holding buy, MM accumulate the price fill in the orders and it goes down, clearing out all the buyers and knocking out stop losses. Same goes with sellers if it is vice versa. When you see a move like that on the...
Hi would you please kind enough to write down the source of Buyers and Sellers Graph and thanks.

Ill-b-back Mar 1, 2019 4:26pm | Post# 475424

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Interesting bearish PA off ascending triple touch daily TL
and off monthly price area...
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Ill-b-back Mar 1, 2019 4:34pm | Post# 475425

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Monthly index looks bullish off support
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elbert3 Mar 1, 2019 11:46pm | Post# 475426

Morning looking for Sunday open to 3233 and than down to 3107!

copi88 Mar 2, 2019 7:06am | Post# 475427

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Watch the positions held. When the majority are selling, most of the time it is buy. When the majority is buying, most of the time is selling. Sometimes the MM will let the price go higher if the majority are buying for example. It will make the traders think that is something that they are doing right. But the next day when everyone is holding buy, MM accumulate the price fill in the orders and it goes down, clearing out all the buyers and knocking out stop losses. Same goes with sellers if it is vice versa. When you see a move like that on the...
One needs to distinguish between Institutional traders(ITs) and the Market Makers (MMs). They have different business models and therefore different intentions in the market.

IT traders are directionally biased. They try to take the market in one direction and will try to manipulate the market to gain enough volume on their books without spooking the MM.

The MM is not directionally biased. They do not care if the market goes up or down. They care about getting volume on their books and making small 1,2,3 tick profits. MMs are the spread and take the otherside of the trade, therefore in an up trending market the MMs will be heavily short the market and in a down trending market they will be heavy long. In these situation the MM will be interested in rotating the market back into value so they can balance their books.
The MMs will therefore take the market in the direction where they think the most business will be conducted ie previous high volume areas. This is why markets rotate away from exhaustion back to previous areas of absorption.
When the MMs love it when two way money is being dealt in an area (ie balance areas). They can provide both sides of the book and rotate price back and forth and make a fortune. However when they detect that ITs are coming in heavily on one side of the book they will then pull their liquidity from that side of the order book and this is when you get fast moving bars away from balance areas. They pull their liquidity as they do not want to be on the other side of the trade that is about to break out and will only provide the minimum amount of liquidity they are contracted to provide.
Price will accelerate in that direction and will only start to slow down once the market maker starts to detect that sellers are interested in shorting the market and they will start to supply liquidity again and you will see the bar lengths start to shorten as the absorption starts.


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Techanalyst Mar 2, 2019 9:58am | Post# 475428

{quote} One needs to distinguish between Institutional traders(ITs) and the Market Makers (MMs). They have different business models and therefore different intentions in the market. IT traders are directionally biased. They try to take the market in one direction and will try to manipulate the market to gain enough volume on their books without spooking the MM. The MM is not directionally biased. They do not care if the market goes up or down. They care about getting volume on their books and making small 1,2,3 tick profits. MMs are the spread...

Exactly what I said, watch what the market makers are doing and you will be a winner almost always. When you pay attention especially on a lower time frame what the candlesticks are doing, you can detect if the price is going up or down and jump on the ride and take profit as soon as you see that the price is losing the steam. But I understand your explanation, well explained thanks. When you see the price going up hard you know that institutional traders are there. When you start seeing that the price is losing volume and starts accumulating and bears pressure start coming in, you know it's the market makers at play. Trade safe.

iqyu5an Mar 2, 2019 10:22am | Post# 475429

three drive ....
https://www.babypips.com/learn/forex...he-three-drive

and divergence
https://www.babypips.com/learn/forex...ce-cheat-sheet

{quote} One needs to distinguish between Institutional traders(ITs) and the Market Makers (MMs). They have different business models and therefore different intentions in the market. IT traders are directionally biased. They try to take the market in one direction and will try to manipulate the market to gain enough volume on their books without spooking the MM. The MM is not directionally biased. They do not care if the market goes up or down. They care about getting volume on their books and making small 1,2,3 tick profits. MMs are the spread...

tidal Mar 2, 2019 10:28am | Post# 475430

Long trend has arrived

Techanalyst Mar 2, 2019 10:48am | Post# 475431

Long trend has arrived
Can you explain what do you mean by "long trend has arrived"?

MXT Mar 2, 2019 12:14pm | Post# 475432

{quote} Can you explain what do you mean by "long trend has arrived"?
i think he means bull trend has come

Techanalyst Mar 2, 2019 5:57pm | Post# 475433

{quote} i think he means bull trend has come
If that what it means, does not make sense. The uptrend has been here for a while. If anything this is turning into sell trend.

Not-KPMG Mar 2, 2019 6:14pm | Post# 475434

{quote} Yes, one condition. You will post 100 time. &quot;I will not be a big mouth any more. Apoligies&quot;<img data-emoji="thumbsup" width="18" height="18" class="emoji" src="https://cdn-resources.faireconomy.media/images/emojis/64/1f44d.png?v=1.0.0.1" /><img data-emoji="thumbsup" width="18" height="18" class="emoji" src="https://cdn-resources.faireconomy.media/images/emojis/64/1f44d.png?v=1.0.0.1" /><img data-emoji="thumbsup" width="18" height="18" class="emoji" src="https://cdn-resources.faireconomy.media/images/emojis/64/1f44d.png?v=1.0.0.1"...
Hi

Just saw this 😀😀👍

Well if the liars if the world start cancelling Brexit altogether, that changes the game.
So 1.36 1.40 becoming possible, but that's cheating

Georginson Mar 2, 2019 7:00pm | Post# 475435

my forecast of GBPUSD this March is possible high of 1.3415 and a possible low of 1.2885. I hold a bearish view on this pair for a definite test of 1.3000 this month. Stay green.

tatianah Mar 3, 2019 2:10am | Post# 475436

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Looks bullish so far

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buddha- Mar 3, 2019 3:06am | Post# 475437

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weekly chart
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fontu Mar 3, 2019 5:35am | Post# 475438

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Sitting idle, so rechecking chart, the last leg up from 1.2967seems a 5th extension and hence though as per higher tf 1.3108 stands a limit for probable 4rth wave should not respect and breaks the leg start 1.2967 likely break down to decide next!
So Trump's Tweets may not enough for dollar tanking this time! If stand will target 100!
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rmrf Mar 3, 2019 12:10pm | Post# 475439

https://cdn.discordapp.com/attachmen...8389/gud34.jpg

sure looks like price is reacting off of the daily supply, hardly a long. Daily supply is not where you want to buy!

Dr.Zain Mar 3, 2019 2:15pm | Post# 475440

https://cdn.discordapp.com/attachmen...8389/gud34.jpg sure looks like price is reacting off of the daily supply, hardly a long. Daily supply is not where you want to buy!
Seems the pair is opening near 3260+-!!!!!


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