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Price is Everything Chat Room

  • #4,121
  • Jul 26, 2012 1:14am Jul 26, 2012 1:14am
Quoting aud
That's always the case because the big money needs someone on the other side of their trade. They need plenty of buyers to sell to. If they tried to sell a shit load when price was falling, price would tank without them off loading most of their holdings.
And that only presupposes one thing, they have to manipulate the market to induce buying/selling in the opposite direction of their intentions. There are three ways in which they can do this; news, fakes and stop runs.

They have to accumulate positions over time within a price range. When they have orders stacked the way they want, they then either move the market out of that price range in their intentional direction or create false moves to induce more positions in their favour. When price is moving in their intentional direction they then start to distribute their accumulated positions in to the market.

In essence that is how it works. This market is one of speculation and manipulation. Being aware of it helps you see things differently.
  • #4,122
  • Jul 26, 2012 3:44am Jul 26, 2012 3:44am
Quoting neil324
Tried to register completed the 1st part then was linked to part 2 which I completed but an error returned, now can't complete registration user name is taken and no conformation email has been sent.
I got the same message as above. Could register but no follow up and can't log in. Any chance of the of the guys here can activate it?

Cheers
  • #4,123
  • Edited 3:51am Jul 26, 2012 3:47am | Edited 3:51am
Quoting Tyoon
And that only presupposes one thing, they have to manipulate the market to induce buying/selling in the opposite direction of their intentions. There are three ways in which they can do this; news, fakes and stop runs.

They have to accumulate positions over time within a price range. When they have orders stacked the way they want, they then either move the market out of that price range in their intentional direction or create false moves to induce more positions in their favour. When price is moving in their intentional direction they then...

Ref: Market Wizards - Paul Tudor interview;

"Tullis taught me about moving volume. When you are trading size, you have to get out when the market lets you out, not when you want to get out.
He taught me that if you want to move a large position, you don't wait until the market is in new high or low ground because very little volume may trade there if it is a turning point.

One thing I learned as a floor trader was that if, for example, the old high was at 56.80, there are probably going to be a lot of buy stops at 56.85. If the market is trading 70 aid, 75 offered, thewhole trading ring has a vested interest in buying the market, touching off those stops, and liquidating into the stops—that is a very common ring practice. As an upstairs trader, I put that together with what Eli taught me. If I want to cover a position in that type of situation, I will liquidate half at 75, so that I won't have to worry about getting out of the entire position at the pointwhere the stops are being hit. I will always liquidate half my position below new highs or lows andthe remaining half beyond that point."


--------------------------------------

Ref: Market Wizards - Monroe Trout interview;

What else did you learn on the floor?
I learned about where people like to put stops.

Where do they like to put stops?
Right above the high and below the low of the previous day.

One tick above the high and one tick below the low?
Sometimes it might be a couple of ticks, but in that general area.

Basically, is it fair to say that markets often get drawn to these points? Is a concentration of stops ata certain area like waving a red flag in front of the floor brokers?
Right. That's the way a lot of locals make their money. They try to figure out where the stops are, which is perfectly fine as long as they don't do it in an illegal way.

Given that experience, now that you trade off the floor, do you avoid using stops?
I don't place very many actual stops. However, I use mental stops. We set beepers so that when we start losing money, a warning will go off, alerting us to begin liquidating the position.

What lesson should the average trader draw from knowing that locals will tend to move marketstoward stop areas?
Traders should avoid putting stops in the obvious places. For example, rather than placing a stop 1 tickabove yesterday's high, put it either 10 ticks below the high so you're out before all that action happens, or10 ticks above the high because maybe the stops won't bring the market up that far. If you're going to usestops, it's probably best not to put mem at the typical spots. Nothing is going to be 100 percent fool proof,but that's a generally wise concept.
Sniffing Snake's Tracks...
  • #4,124
  • Aug 5, 2012 7:30am Aug 5, 2012 7:30am
Hi,

I think that everyone don't know that there is a lot of information about S&D trading there ...
(http://www.acegazette.com/en/)
... and this PIEC thread is also great .

And if I add one more... there is great thread also here ....
(http://www.forexfactory.com/showthread.php?t=311095)
... Ken's simplified approach is great.
  • #4,125
  • Aug 11, 2012 9:00pm Aug 11, 2012 9:00pm
why this thread is moved to "commercial" section? The new site is selling something?
  • #4,126
  • Aug 12, 2012 2:28am Aug 12, 2012 2:28am
Quoting blackmovie
why this thread is moved to "commercial" section? The new site is selling something?
Nope. We're selling nothing, absolutely nothing, and I think that's what makes us so threatening. Ho hum.........................
  • #4,127
  • Aug 12, 2012 2:30am Aug 12, 2012 2:30am
Such a shame they move it in here. Have the mods even contacted you to let you know why?
- Look to the left, Trade to the right - I am the system
  • #4,128
  • Aug 12, 2012 2:59am Aug 12, 2012 2:59am
Quoting Sebastiaan76
Such a shame they move it in here. Have the mods even contacted you to let you know why?
Yup

Twee has kept in touch all the way.
It seems that there have been too many complaints from certain concerned parties about our aggressively advertising the new site, that FF were forced to hide us away.

Please don't ask who they are - I see no point in disclosing my suspicions (no matter how strong they are) in a public forum.

Suffice it to say that nobody need pay to learn to trade any more, and this shift has spurred me to, over the next few weeks, formulate a complete set of lessons in reading the market, which will be free to all members of AG, and a complete set of lessons on how to trade, which will be free to all who graduate into the academy
  • #4,129
  • Aug 12, 2012 3:19am Aug 12, 2012 3:19am
Quoting Ifmyante
Twee has kept in touch all the way.
It seems that there have been too many complaints from certain concerned parties about our aggressively advertising the new site, that FF were forced to hide us away
Noooo way they even made you a commercial member!!! Bull$ ... I've been expecting it from FF. Anyway it's much better here than in the Members' Lounge, and I suggest it's time to turn on the table and take advantage of the situation by changing the name of this thread to Ace Gazette, adding the links and do a real promotion.

Cheers mate
Sniffing Snake's Tracks...
  • #4,130
  • Aug 12, 2012 5:49am Aug 12, 2012 5:49am
Quoting FX.Sniffer
Noooo way they even made you a commercial member!!! Bull$ ... I've been expecting it from FF. Anyway it's much better here than in the Members' Lounge, and I suggest it's time to turn on the table and take advantage of the situation by changing the name of this thread to Ace Gazette, adding the links and do a real promotion.

Cheers mate
This is a really nice idea ....
Human
  • #4,131
  • Aug 12, 2012 6:02am Aug 12, 2012 6:02am
Quoting Chanya
This is a really nice idea ....
I've been told to warn all of you guys not to try to promote acegazette anywhere around FF, or you'll be made commercial members too.

So far as I know, you can, however, discuss it as much as you like here in the "under evaluation", and in the commercial section
  • #4,132
  • Aug 12, 2012 6:15am Aug 12, 2012 6:15am
Quoting Ifmyante
I've been told to warn all of you guys not to try to promote acegazette anywhere around FF, or you'll be made commercial members too.

So far as I know, you can, however, discuss it as much as you like here in the "under evaluation", and in the commercial section
I don't know about it much but what is wrong being a commercial member ???
Human
  • #4,133
  • Aug 12, 2012 6:21am Aug 12, 2012 6:21am
Quoting Ifmyante
I've been told to warn all of you guys not to try to promote acegazette anywhere around FF, or you'll be made commercial members too.

So far as I know, you can, however, discuss it as much as you like here in the "under evaluation", and in the commercial section
hey If, I'm wondering..isn't it possible to return the thread to the noncommercial section after cleaning it from the AG direct related posts?!
Sniffing Snake's Tracks...
  • #4,134
  • Aug 12, 2012 6:22am Aug 12, 2012 6:22am
Quoting Chanya
I don't know about it much but what is wrong being a commercial member ???
You'll not be apple to post in the non commercial forum.
Sniffing Snake's Tracks...
  • #4,135
  • Aug 12, 2012 6:27am Aug 12, 2012 6:27am
Quoting FX.Sniffer
hey If, I'm wondering..isn't it possible to return the thread to the noncommercial section after cleaning it from the AG direct related posts?!
I believe this may be more about the existence of, rather than just references to, Ace Gazette.

Personally, I'd rather just have the whole thread deleted and start from scratch in AG
  • #4,136
  • Aug 12, 2012 6:33am Aug 12, 2012 6:33am
Quoting Ifmyante
I believe this may be more about the existence of, rather than just references to, Ace Gazette.

Personally, I'd rather just have the whole thread deleted and start from scratch in AG
I don't think that would be necessary because there must also be a thread here at FF with periodic appearances to let people know about the existence of AG won't you agree /??
Human
  • #4,137
  • Aug 12, 2012 6:33am Aug 12, 2012 6:33am
Quoting Ifmyante
Personally, I'd rather just have the whole thread deleted
I wouldn't if i were you
Sniffing Snake's Tracks...
  • #4,138
  • Aug 12, 2012 8:07pm Aug 12, 2012 8:07pm
Quoting Ifmyante
Yup

Twee has kept in touch all the way.
It seems that there have been too many complaints from certain concerned parties about our aggressively advertising the new site, that FF were forced to hide us away.

Please don't ask who they are - I see no point in disclosing my suspicions (no matter how strong they are) in a public forum.

Suffice it to say that nobody need pay to learn to trade any more, and this shift has spurred me to, over the next few weeks, formulate a complete set of lessons in reading the market, which will be free to all...
WTF

3 days off whitout pc...and reading this at the return.
ifmyante as commercial member...PIEC in this section..really...looks like a joke.
sorry if, i can imagine how is disappointing this, but all your post are all still here, and everybody - especially the new guys - can still read it and see the time you have spent just to helping people.

I am a litte bit angry right now, but i wonna say just 2 things.

1) if you are new here and have some doubts - i know, AG looks too good to be true - just come and see whit your eyes, you will be welcomed as i was in this treadh. yes nobody have to pay for learn, it's true. come, and see.

2) if you are one of that "parties", and you are worried about how good is AG now...well you are right to be worried, but belive me, the site will become even better.
Sometime the horizon disappear. Twitter: @_whiteout
  • #4,139
  • Aug 13, 2012 2:57am Aug 13, 2012 2:57am
  • #4,140
  • Aug 15, 2012 11:03am Aug 15, 2012 11:03am
I just joined the ace gazette and was simply amazed at the professional work being done thanks Great success to you all



Quoting Ifmyante
Let's get one thing straight - I am not a commercial member, and this is not a commercial thread.
I ask nobody for payment for anything I do - it's simple politics that has put me here.
This room was started as a simple chatroom, but became the classroom for SD trading.

Cut past the first few pages and you'll get to the beginning of the learning process.


I hope you'll all make use of this room, and also come and join us at acegazette (http://www.acegazette.com/en/) where we're doing something really special

I just joined the...
Trading Consultants Inc JJG
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