How do you determine ADR time and balance?
Yes -- orders need to be fulfilled. But their timing and priorities may either be problematical for the MM or offer opportunities to make more money -- hence the motivation to manipulate prices.
The manipulation comes into play when you see how target levels are created to lure traders in one direction or the other. This is different than simply transacting orders (i.e. order flow).
Since there are a fixed number of units of each currency then every BUY must be matched by a SELL. Suppose a large BUY order comes in at a certain price, but there are no units of that currency available at that price. Perhaps the MM has to shake the tree a bit to harvest some units to satisfy the BUY order. I don't know. At this time I'm just blowing smoke. But since no one yet has come up with a better explanation then I keep offering that one.
Perhaps the MM's motivation isn't to gobble up buckets of stop losses for the sake of gobbling stop losses but, rather, to free-up currency units (at specific prices) to satisfy stacks of BUY and SELL orders that otherwise couldn't be transacted and would remain unfilled.
So, yes, it all comes down to order flow. But the order flow gets stuck when there isn't sufficient liquidity to fulfill all the orders. The purpose of the manipulation may simply be to create sufficient liquidity to transact orders. Does this make any sense?
If his theories and methods were any good traders would of made money ... There would have been some successful students... But nope I'm.afrsid not.....
As for manipulation,... Well as George would say... To the " iignorant and uninformed" traders you are blind. I'd have to agree.
I think Steve has seen enough examples sitting with George to open his eyes to the manipulation.
The world's largest market...but no manipulation.. hahahaha ..... Sounds like a dreamworld to.think.that all is on the up and up.
All markets / commodities are manipulated..
Involve...Man & Money &,Power and the powers to be will steal absolutely as much as they possibly can. Mmm reminds me I need to fill my gas tank up... Only $1.70 a litre here for the cheap grade ...such a deal.
It can just be the honest brokers and each successive layer of honest liquidity provider MM ..right up the food chain... Just filling orders...giving to charity and supporting the local boys clubs etc
If people are interested in digging deeper to better understand order flow, market structure, whatever -- those links could be a good place to start.
Now -- back to the present. I'm not really interested in the "how's" and "why's" of market structure -- just like I'm not interested in how internal combustion engines work when all I want to do is drive to the market to pickup a frozen pizza. If something makes me a better trader (or driver) then, sure. But speculating on the details of how something as vast, complex, non-transparent as MM is just an intellectual exercise. I mean, would you rather attach an indicator or two to a chart to help figure out your next trading opportunity, or would you rather read about order flow? It's a rhetorical question -- I know how you would answer.
If you have a chart that shows a particular price movement and can tie that into "MM psychology", "order flow", whatever you wish to call it, then I think that would be interesting. Actually -- since I think we can agree we are talking about the same thing, then how about sticking with "MM psychology".
On the other side i think some guys here try to hit some invisible targets instead to visualize what they have in front of their eyes.
I see George really gave a lot of interesting info and some screens in this thread and his main thread as well. for me to be honest is all about mindset and one particular way to look at market.
I tend to believe for most (including me) even if George will give all his indicators + exact settings we will still dont get it,at least for me i didnt had yet that AHA moment,and even if i had a short talk with George and the guys a month back,they are really cool people by the way a pleasure to talk. but i realized that no matter how much George will ''scream'' in my ear i still dont get it 100% as long i have different mindset when i look to the charts,and here's the problem.
so first to be changed i will say is the psychological state of mind and only then you will start to easy figure cool stuff way much different from all you knew before. I'm doing my way of course but i still dig into stuff unknown for me maybe, try different view and rearrange mindset for visualize any new potential.
Hope all is well my friend !!!
Yes you are exactly correct ! Changing the mindset is the first and most important part of the whole equation.
In all areas of life....Trading is no different.
"When we change the way we look at things, The things we look at change"
Look it -- in our personal lives we are all MMs. Seriously, is there anyone here who can say they've never manipulated something or someone to gain an edge? The MM is like a fractal, made up of smaller patterns -- all the same. We, as individuals, are one of the smaller patterns.
@bluesteele -- you keep applying the word "useless" to things you disagree with. Most of us here probably have no clue who @DarkStar is -- nor do we care. Also, @DarkStar is not around to defend himself or offer his version. I read a few posts from the link @skyway shared and they were rather benign. Why rag on a guy and his thread from 8 years ago?
I posed a couple simple, direct questions to you a few posts ago -- but no response. And, of course, that's fine. But I've moved on from mocking @George et al, @skyway has moved on (sort of), but it seems you are still stuck in "mocking mode". We get it -- prices are manipulated. Yes -- @George has shown this through his precision.
Most of us are now interested in where we go from here. Now that we are aware of the manipulation, have our eyes open for what kind of things to look for (e.g. target levels, gaps), then how about some clues from you on how to trade it?
@George has shown a light -- many of us now see things we hadn't seen before. Everyone should tip their hat to @George. But now it is on to devising methodologies for how best to trade with this new insight. There are some really, really smart people around here. You think it can't be done -- okay, we'll see. If you can share some details that would be great -- and, if not, that is also fine. If I were in your shoes, I'm not sure I would share that much -- but that's up to you. Calling everything useless doesn't help -- especially after things you previously called useless turn out not to be so useless.
You refer to a "psychological state of mind" -- and I understand you are referring to trading. I haven't been around FF that long but I've noticed there is a more fundamental "psychological state of mind" that needs changing -- and that is how certain people respond to something new.
When it comes to trading, there is no such thing as a psychological state of mind. If I hand you a winning EA do you really need to see a shrink before using it? If you see that it performs well then you will use it immediately. The psychological state I'm referring to is those of us with big egos (myself included) tend to mock others who pose a threat -- it's a defensive mechanism.
People who can check their egos at the door grasped @George's message immediately. Others, like myself, took longer. And there are still more (like yourself) who will take longer -- or never. We all take different paths -- and to be honest -- I don't think we have much say. The path we are currently taking has already been programmed into our subconscious. It's next to impossible to change a path that we aren't even aware of.
Except for Darkstar lol... He recently resurfaced a few months ago...trying to say he can guarantee you take a $100 account to $1 Million in one month !
You just need to buy his course lol....Now I know this has nothing to do with this thread...But i dont care if its Skyway or anyother member.... They bring up his name and say he has material we can learn from.. I will call bullshit all day long to anyone who is referencing him as a source for learning.
Darkstar did reference some interesting things...i.e. manipulation etc.... But hes a scammer and thus why he was removed from the forum.
SO if you have an extra hundred or so laying about get ahold of Darkstar he will make you a millionaire by summertime hahahahaha....
OK ive said my peace....onwards and upwards.....
i get what you say about EA's but here we talk about what eye can see - brain to manage - finger click to execute. so manual trading based on one method with one particular requested visualization. you cant trade renko if all you see is a line,then because the line got stuck in your way of doing things for too long in execution and processing of info later when you finally see the renko candles will take some time to get rid of that line. not sure if i say it right... but anyway hope you will get it.
I'm guilty of assuming and overreacting -- my apologies. That was my subconscious at work...
Steve ...I believe in some cases ego is definitely the problem....in many lol...
But others can be attributed to mmmm extenuating circumstances that are more
personal rather than ego......
And i Just wanted to say Husky is a very humble guy and far from the members with "ego"
quite the contrary...
Look it -- I have an excuse -- I'm old and grumpy. I've earned the right to assume, overreact, misinterpret, and make a fool of myself. Something the rest of you get to look forward to
Yes I will discredit scammers 100% always.
Because people don't know his history...they see your post and may think to find him ..buy his crap book ..buy his crap USELESS courses about Orderflow.
Mention another scammer and Old Blue will be right there speaking the truth...
Whether it's you OR anyone else...
And BTW I thought you bid good riddance to this thread ? ? ?
Why don't you post up a chart or two ? Show how Orderflow ties into MM psychology and Manipulation...
Why don't you do what you ask of others ????
That is what this thread is about... An indicator to help show manipulation...
Post up a chart like your master does....
I am sure many would love to see your take on Manipulation
MOMENTUM , USING THE AVERAGES ,,, IS SOMETHING THAT CAN NOT BE EXPLAINED IN TYPING OR WORDS ,,
NOT IN A MILLION YEARS ,,,,
IT HAS TO BE A VISUAL THING ON THE CHARTS AND WITH VOICE ! ! ! !
Get it ...
Hope that helps
YOUR QUOTE ::::
the use of "filters". To me, a filter is an "indicator" -- i.e. an external computation performed by software to help highlight some aspect(s
YOU ARE ,,,,, 100% WRONG ,,,
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