Real or Algo
It was suggested that a thread may gain some traction discussing supply/demand ...targets...support/resistance and all nuances there of..
Keep it clean, respect opinions.
Have something to discuss?
Go for it.
If no interest no probs, I’ll close it down.
For general reference only...George closed the thread...however...he will post when the need arises..
Shhhh...the Algo isn't real
None of its real !
Just a random move
what is i don't know, but someone or something build a scenario to collect our money
like today on euro they collected some $ from me with those moves up down up down until we break
As Kevin said in the previous post, psychology and there are no random moves.
That chart that I posted happens day in day out, all pairs all time frames.
Thank god that this happens in a predictable fashion that I can exploit, however, it gains nothing for me to explain the cause.
And as always it takes them out with a swift move !
Poor Mr Stops never had a chance.
Im starting to think your Psychic ???
Perhaps the reason why isn't required, just the understanding that the market has a defined mathematical structure that as you say, can be exploited.
Without doubt we are dealing with a Algorithm that controls the market very tightly. Mathematics proves this without doubt.
Here is how I see it, and what my equity curve proves on my accounts
Does it have intelligence- No
Does it move the market - Yes by creating space
Does it seek targets- Yes itís the result of creating vacuums.
It creates space by fixing the distance price can move on all timeframes on any ONE move. This false resistance encourages traders into placing passive orders into tight groups that are high in density, therefore have weight.
The heaviest pools of liquidity have the largest vacuums of space nearby. - GAPS
The key ingredient on what the Algorithm really is -
ALGORITHM LIMITS PRICE EXPANSION
This is my prediction.
With the influx of the best brains attracted into the Algo segment and the increasing Algo share in execution, there may come a time where future price value can be accurately predicted granting an unfair "insiders info" situation to this few. To the extent that the purpose of this auction market model fails to achieve it's equitable purpose. It will necessitate a replacement model to value the currencies. I am not surprised that gov funded initiatives are already in place. This possibility is not too far off.
I need to revisit some of Georges thread as a reminder, but he is absolutely right regarding the intraday and the (less known or thought about) levels or areas.
George Aus did tell us how the algo works both in Skype calls and within his posts
Most of us including myself just overlooked his words on expansion and went straight to his target levels and his TMA settings.
It took me 5 months to work it out by removing the TMA’s and applying mathematics.
But basically he is 100% correct.
But you are right, we just looked at the TMA and targets.
GREAT PROJECT ANDY ! ! ! !
TARGETS ,,, TARGETS ,,, TARGETS ! ! !
PSYCHOLOGY APPLICATION ,,, IS THEEEE SECRET ! ! !
In Summary ,,,,
first is ,,,, 98% Psychology ,,,
Then 2% price action and everything else ,,,,,
Just my humble opinion ,,,,
Thanks George...might have to have a refresher with you, but targets are the No.1 application that should be on every chart.
Anything else is just guessing and potluck.
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