Good day to everyone that reads this forex analytical article , some of you are already used to the story of the monkey trader, but in here a strategy builder of my kind has built sound strategies based on this story since the concept is on consistent occurrence.
Foreigner comes to a remote village. He notices the villages infested with monkeys. Folks ask him what do you do ? He says I am a monkey trader. I buy monkeys in villages like yours and sell them to my customers.
So villagers ask him How much do you pay for a monkey ? He says one dollar. Villagers are surprised; some even think if he is a fool. So they bring all the monkeys and collect their $1 reward per monkey.
Next week there are few monkeys left in the village so villagers have to venture out to spot, catch and bring monkeys. Noticing their increasing difficulty the Monkey Trader raises the reward to $2 a monkey.
Another week passes by and there are far less monkeys left in neigboring villages. The Monkey Trader keeps on raising the reward per monkey until it reaches $50.
DESKON ANALYSIS
at this point demand is being over streched the market will behave range bcos there is slow supply)a new ground of transaction have to be created to make business continue eitherway... it is called consolidation period this point is full of truth and lies from all around the world, country economy , political manipulation , war and more)
Comes a weekend the Monkey Trader needs to go to the city to attend some urgent work. His assistant called all the villagers to the huge monkey cage where the Monkey Trader had been storing all the monkeys he had bought from the villagers. And tells them : I have been working for this Monkey Trader for 5 years; he doesn't give me a salary hike and makes me work harder while he keeps all the profits. So I have decided to offer you all these monkeys at half price $25 a piece. If you wish you can buy them and sell it back to the Monkey Trader when he comes back tomorrow.
DESKON ANALYSIS : This is where they are caught up in the net, never be greedy or try to steel from the market, the market itself sees your actions as you try to steal from it, it is well crafted to take advantage of you bcos of the potential criminal nature of man.leave the market where it leaves you and be simple and be sincere in your dealings.all of these should be considered when building your strategy to approach this living market.
The villagers are excited. They go home to fish out all the money they had. Some even borrow from their relatives & friends. And they come back to the assistant to buy all the monkeys in the cage at $25 a piece in the hope of doubling their money the very next day when the Monkey Trader comes back to the village.
The assistant is too happy to sell all the monkeys and gifts the last 4 which nobody bought to those who bought the largest number of monkeys. Happy villagers come home with their bounty.
DESKON ANALYSIS: (at this point supply is much but no demand , so the market will behave range again bcos there is no demand)a new ground of transaction have to be created again to make business continue eitherway... it is also called consolidation period this point is full of truth and lies also waiting for something to happen, maybe the man of japan will send a threat or strike a misile to kill a monkey, country economy have to be tweeked, fake talks,like "ebola now found in monkies" to send fear, so the villagers can sell for 1 Dollar again and be at loss,maybe political manipulation , war and more again)( sounds like some Evil business right?)
Next morning the assistant disappears from the village. And the Monkey Trader was never seen by the villagers again.
This is the true fx picture.
DESKON KNOWS: every trader needs minimum of two systems of just two different concept (trend and range) to remain consistently moving at anytime steady, growing in the forex market. personally i have 4 systems two for trading range and two for trend.
For this thread i will attach two strategy range and trend , one after the other, for a gooooood coder to code it for the thread followers.
after the range is done and well done, i will add the trend strategy.
so,for fund management contact me via skype and be rest assured i have the solution to your fx challenge
i hope this story and it analysis helps both the traders and the strategy developers .
Regards
Deskon Trading
skype- swingdroid
Foreigner comes to a remote village. He notices the villages infested with monkeys. Folks ask him what do you do ? He says I am a monkey trader. I buy monkeys in villages like yours and sell them to my customers.
So villagers ask him How much do you pay for a monkey ? He says one dollar. Villagers are surprised; some even think if he is a fool. So they bring all the monkeys and collect their $1 reward per monkey.
Next week there are few monkeys left in the village so villagers have to venture out to spot, catch and bring monkeys. Noticing their increasing difficulty the Monkey Trader raises the reward to $2 a monkey.
Another week passes by and there are far less monkeys left in neigboring villages. The Monkey Trader keeps on raising the reward per monkey until it reaches $50.
DESKON ANALYSIS
at this point demand is being over streched the market will behave range bcos there is slow supply)a new ground of transaction have to be created to make business continue eitherway... it is called consolidation period this point is full of truth and lies from all around the world, country economy , political manipulation , war and more)Comes a weekend the Monkey Trader needs to go to the city to attend some urgent work. His assistant called all the villagers to the huge monkey cage where the Monkey Trader had been storing all the monkeys he had bought from the villagers. And tells them : I have been working for this Monkey Trader for 5 years; he doesn't give me a salary hike and makes me work harder while he keeps all the profits. So I have decided to offer you all these monkeys at half price $25 a piece. If you wish you can buy them and sell it back to the Monkey Trader when he comes back tomorrow.
DESKON ANALYSIS : This is where they are caught up in the net, never be greedy or try to steel from the market, the market itself sees your actions as you try to steal from it, it is well crafted to take advantage of you bcos of the potential criminal nature of man.leave the market where it leaves you and be simple and be sincere in your dealings.all of these should be considered when building your strategy to approach this living market.
The villagers are excited. They go home to fish out all the money they had. Some even borrow from their relatives & friends. And they come back to the assistant to buy all the monkeys in the cage at $25 a piece in the hope of doubling their money the very next day when the Monkey Trader comes back to the village.
The assistant is too happy to sell all the monkeys and gifts the last 4 which nobody bought to those who bought the largest number of monkeys. Happy villagers come home with their bounty.
DESKON ANALYSIS: (at this point supply is much but no demand , so the market will behave range again bcos there is no demand)a new ground of transaction have to be created again to make business continue eitherway... it is also called consolidation period this point is full of truth and lies also waiting for something to happen, maybe the man of japan will send a threat or strike a misile to kill a monkey, country economy have to be tweeked, fake talks,like "ebola now found in monkies" to send fear, so the villagers can sell for 1 Dollar again and be at loss,maybe political manipulation , war and more again)( sounds like some Evil business right?)
Next morning the assistant disappears from the village. And the Monkey Trader was never seen by the villagers again.
This is the true fx picture.
DESKON KNOWS: every trader needs minimum of two systems of just two different concept (trend and range) to remain consistently moving at anytime steady, growing in the forex market. personally i have 4 systems two for trading range and two for trend.
For this thread i will attach two strategy range and trend , one after the other, for a gooooood coder to code it for the thread followers.
after the range is done and well done, i will add the trend strategy.
so,for fund management contact me via skype and be rest assured i have the solution to your fx challenge
i hope this story and it analysis helps both the traders and the strategy developers .
Regards
Deskon Trading
skype- swingdroid
