Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

cable short for gbpusd? 10 replies

Cable Update - Continued 105 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Cable Update (GBP/USD) without Idiots 23 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

get best place to short , so start test first . Take care
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 16 KB
Click to Enlarge Name: GBPUSDM5.png Size: 15 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
Quoting fontu
get best place to short , so start test first . Take care {image} {image}
Trump election will push the price
Quoting Yngwie
Sold 1.2978
Hit BE
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
Quoting pipfarm
{quote} The point i was making is that order book or not most of the movement is caused by market orders therefore order book trading is a totally different style and the wait to reach order book limits is long because these large institutions are not in and out of the markets every 5 minutes. People need to understand that they are looking at market orders or past orders on their charts , they are meaning less , all we are doing is anticipating the next move.
Hi Pipfarm

The Order Book was created so Banks and large institutions could create ASK / BID imbalances within the books from which they can manipulate Market Orders .
If you want a Bullish Trend, you add Asks to the books and the Market orders will then move.

Check out a DOM on say US500 Futures and you will see the power comes from adding or removing liquidity, NOT BY PLACING MARKET ORDERS.

What we see is Market order action but its not the cause.
If you look at EURUSD Futures DOM, you will see removing liquidity at a split second before execution results in 50% of this pairs movement.
So the order book is bs.

Market orders do what they are told, but of course the odd sweep by big players may change the landscape.
Trading thin liquidity at the boundary of the charts
Quoting genadi
{quote} Trump election will push the price
whatever the result the scammers will push and pull till settle . lets see .
the earliest set up at top not worked , but ok to stay on . shorts at or above for full day apparently ! take care

for gbpusd next confirmation should be 2970 , earliest signal 2975 for next breakout possible 2962 breaks and hold need to run smooth down next !

Range 3984 to limit 2962 intact for play , watching. For 3965 play while may try stay high!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 19 KB
Click to Enlarge Name: EURUSDM30.png Size: 15 KB
Click to Enlarge Name: download - 2024-11-05T140125.877.png Size: 19 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
Sold again 1.2980
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
Quoting Yngwie
Sold again 1.2980
Closed. Wait NY
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
Quoting Moty
until i get my salary i am practicing a new strategy London open candle breakout when reach the 61.8 ext , move half position to be {image}
half position tp 12 pips
half position stopped out at be
usually the range of the London open is 40+ pips
better wait after elections results
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 12 KB
Quoting RickM
{quote} Hi Pipfarm The Order Book was created so Banks and large institutions could create ASK / BID imbalances within the books from which they can manipulate Market Orders . If you want a Bullish Trend, you add Asks to the books and the Market orders will then move. Check out a DOM on say US500 Futures and you will see the power comes from adding or removing liquidity, NOT BY PLACING MARKET ORDERS. What we see is Market order action but its not the cause. If you look at EURUSD Futures DOM, you will see removing liquidity at a split second before...

The day to day movement we are trading is caused by market orders , i do not doubt that removing large limit orders at the last second and then using market orders to go in the opposite direction moves the markets and is illegal ( spoofing) remember that British guy was caught spoofing the market from his bedroom in his parents house , made millions.

You want to believe the markets are manipulated that is fine.
Follow The Markets Structure - Patience and Discipline
GBPUUSD No shorts for me


The last H1 swing down is comprised of 3 waves and is corrective A (abc B) C , so the direction is up

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 26 KB



Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 30 KB
Follow The Markets Structure - Patience and Discipline
Quoting RickM
{quote} Hi Pipfarm The Order Book was created so Banks and large institutions could create ASK / BID imbalances within the books from which they can manipulate Market Orders . If you want a Bullish Trend, you add Asks to the books and the Market orders will then move. Check out a DOM on say US500 Futures and you will see the power comes from adding or removing liquidity, NOT BY PLACING MARKET ORDERS. What we see is Market order action but its not the cause. If you look at EURUSD Futures DOM, you will see removing liquidity at a split second before...
Why would a bank need to manipulate orders? If they create ask/bid imbalances then they are failing as liquidity providers. Thats not good for business. Maybe you are referring to offering huge orders pricing and it drives market one way or another way and to retail(who is at the end of the food chain) it’s called manipulation? Care to explain please?
How to succeed in zero sum game?
Quoting pipfarm
{quote} The day to day movement we are trading is caused by market orders , i do not doubt that removing large limit orders at the last second and then using market orders to go in the opposite direction moves the markets and is illegal ( spoofing) remember that British guy was caught spoofing the market from his bedroom in his parents house , made millions. You want to believe the markets are manipulated that is fine.
Hi Pipfarm

If I could ask you to sit on US500 Future's DOM for just one evening, you will see this.

800 Bids (Buyers). 800 Asks (Sellers) = No Market Movement. Market Orders create noise but almost Zero movement
1200 Bids 600 Asks = Delta increase of about 400 (Not 600 due to noise) =. Bearish Algorithm's are turned on to create a strong Bearish Trend.

Market Orders cannot move the market until one side weakens generally. Sweeps which is some big player just hitting a large market order will move the market but is a wasteful use of equity therefore this only occurs in about 5% of the days action.

Jigsaw Trading program has indicators that map this imbalance and therefore offer trend direction that Market Orders will likely go.

So Delta (Market Orders Ratio) is just the dog chasing the meat on the end of a string.

As for Market Manipulated, go see what happens on a DOM and your will see todays markets are broken.
Check out some videos from Fatcat - he also talks about markets moving without any Market Orders.

Just go look at a DOM

Trading US500 Futures Soon on Motivewave
Attached Image (click to enlarge)
Click to Enlarge Name: essss.png Size: 281 KB
Trading thin liquidity at the boundary of the charts
Quoting RickM
{quote} Hi Pipfarm If I could ask you to sit on US500 Future's DOM for just one evening, you will see this. 800 Bids (Buyers). 800 Asks (Sellers) = No Market Movement. Market Orders create noise but almost Zero movement 1200 Bids 600 Asks = Delta increase of about 400 (Not 600 due to noise) =. Bearish Algorithm's are turned on to create a strong Bearish Trend. Market Orders cannot move the market until one side weakens generally. Sweeps which is some big player just hitting a large market order will move the market but is a wasteful use of equity...
Inserted Video
Follow The Markets Structure - Patience and Discipline
Quoting RickM
{quote} Hi Pipfarm If I could ask you to sit on US500 Future's DOM for just one evening, you will see this. 800 Bids (Buyers). 800 Asks (Sellers) = No Market Movement. Market Orders create noise but almost Zero movement 1200 Bids 600 Asks = Delta increase of about 400 (Not 600 due to noise) =. Bearish Algorithm's are turned on to create a strong Bearish Trend. Market Orders cannot move the market until one side weakens generally. Sweeps which is some big player just hitting a large market order will move the market but is a wasteful use of equity...
Seriously , adding bids and offers that have not been filled does not mean anything.
Follow The Markets Structure - Patience and Discipline
Quoting RickM
{quote} Hi Pipfarm If I could ask you to sit on US500 Future's DOM for just one evening, you will see this. 800 Bids (Buyers). 800 Asks (Sellers) = No Market Movement. Market Orders create noise but almost Zero movement 1200 Bids 600 Asks = Delta increase of about 400 (Not 600 due to noise) =. Bearish Algorithm's are turned on to create a strong Bearish Trend. Market Orders cannot move the market until one side weakens generally. Sweeps which is some big player just hitting a large market order will move the market but is a wasteful use of equity...
Rick there is a difference between DOM and DOM.
FX volume and tick data are not equivalent to what you will see for other instruments unless its fx ecn else the volume and ticks you're seeing are just quotes, not completed trades.
How to succeed in zero sum game?
I'd like it to go down so I can buy it.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 15 KB
Quoting pipfarm
{quote} Seriously , adding bids and offers that have not been filled does not mean anything.
They do - just have a look

Obviously you haven't traded on a DOM to know this.
That is all I ask - just follow the imbalances for a few hours on a DOM (Futures) and you will understand what I am talking about.
Trading thin liquidity at the boundary of the charts
Quoting dempire1
{quote} Why would a bank need to manipulate orders? If they create ask/bid imbalances then they are failing as liquidity providers. Thats not good for business. Maybe you are referring to offering huge orders pricing and it drives market one way or another way and to retail(who is at the end of the food chain) it’s called manipulation? Care to explain please?
Because of Arbitrage, Liquidity in Futures and Spot are micro managed to move together to avoid crashing the whole entire Financial markets. Its cheaper to say Buy xxx on spot then go to Futures and hedge it there quite cheaply. So you can manipulate Futures very easily to move in 10 Ticks right now. So we are half way through the London Session and it would only take about 1000 Lots to move US500 Futures 10 Ticks which will also move Spot 10 Pips. Try moving US500 spot 10 pips and you would need about 10,000 Lots, maybe 100,000 Lots.

How else could a Kid from a bedroom in London cause the US Markets to collapse in the 2010 Flash Crash.
He was trading with about a few million equity on US500 Futures yet collapsed a trillion dollar market
Trading thin liquidity at the boundary of the charts
If anyone doesn't think markets can be manipulated John 'Rambo' Moulton an American Trader who moved to Australia could single handedly move the Australian stock market himself back in the 80s because of the massive trades he would put on.
Legendary trader in the Australian stock traders world

Inserted Video
Don't Leave Money on the Table
Quoting HaLBot
If anyone doesn't think markets can be manipulated John 'Rambo' Moulton an American Trader who moved to Australia could single handedly move the Australian stock market himself back in the 80s because of the massive trades he would put on. Legendary trader in the Australian stock traders world https://www.youtube.com/watch?v=EkRw6NC0Jew
tell you buddy dempire1 seems algo and such alone matters and market cannot be manipulated
28 traders viewing now, 1 is a member: