The ole box of crayons is saying something like this lol,,, time will tell . 
- #17,941
- Mar 30, 2018 4:40am Mar 30, 2018 4:40am
- Joined Jan 2010 | Status: The Voodoo Boodoo Club | 42,046 Posts
- #17,942
- Edited 5:12am Mar 30, 2018 4:57am | Edited 5:12am
- Joined Feb 2017 | Status: Trader | 1,365 Posts
"The fun is in the hunt. Not the kill."
It seems that there is consolidating in M15, H1 & H4. I'm expecting "bullish-consolidating" up to 2350 level. We'll see if there will be a new bullish or bearish trend start afterwards. A major move might start on Monday or late Friday.
I see some sunshine outside and go for it.
If u want to be successful, u must respect one rule: Never lie to yourself.
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- #17,945
- Mar 30, 2018 5:45am Mar 30, 2018 5:45am
- Joined Jan 2010 | Status: The Voodoo Boodoo Club | 42,046 Posts
{quote} Shoud we sell or buy USDMXN, hard to decide
- #17,946
- Mar 30, 2018 6:01am Mar 30, 2018 6:01am
- Joined May 2014 | Status: Full Time Trader | 27,096 Posts
Just saying.. 
Stay Green
Stay Green
Focus only on what truly matters!
- #17,950
- Mar 30, 2018 6:28am Mar 30, 2018 6:28am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} Its not the brokers, its the abailable lots the market makers or someone places for retailers to buy/sell when there is no volume it only shows the crappy lots wherw those guys charge the brokers more per transaction and they charge ua more too. What we buy in platforms are lots that marletmakers place for sale/buy
So, they throw 10B in the market (sell) => price down 0.1%
And the naive retailers buying them 10B (buy) => price back up 0.1%
...so, big deal, where's the catch?!
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- #17,951
- Mar 30, 2018 6:43am Mar 30, 2018 6:43am
- Joined Jul 2017 | Status: Active member | 1,655 Posts
- #17,953
- Mar 30, 2018 6:48am Mar 30, 2018 6:48am
- Joined May 2014 | Status: Full Time Trader | 27,096 Posts
Look at US index sorry ATA I feel this is obviously EU related but not sure if I can post bear flag on weekly break of bear flag EU is going up thats a weekly chart by the way so it’s quite long way until that bear flag carries out {image}
Stay Green
Focus only on what truly matters!
- #17,954
- Mar 30, 2018 6:52am Mar 30, 2018 6:52am
- Joined Jul 2017 | Status: Active member | 1,655 Posts
{quote} If you had read the rules you wouldn't feel sorry for posting Dollar Index or Euro Index.. those are allowed by default.. hence EUR/USD.. therefore all good..
- #17,955
- Mar 30, 2018 6:57am Mar 30, 2018 6:57am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
No they set up a bid system, they sell 10B in this market that they bought before and we retailers will fill their order with whatever orders we place (if we bid lower price will drop because the 10b above wont be filled we will be buying from another lot) If there is no 10b for sale at that level it will pick up higher priced lots that dontt usually show up because their spread is not competitive
1. They throw volumes bringing the market down -0.1%
2. millions of naive retailers jump in with the bearish bias
3. the Sharks are buying back, bringing the price back up +0.1%, ...absorbing the naive sell positions and the people's money
Member
- #17,957
- Mar 30, 2018 7:19am Mar 30, 2018 7:19am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} If you had read the rules you wouldn't feel sorry for posting Dollar Index or Euro Index.. those are allowed by default.. hence EUR/USD.. therefore all good..
My platform blocked?!?!?!?!?!JARED COHEN: Fuck me? Have you looked at these numbers, Sam?
SAM ROGERS: Yes, but what the hell do I know.
JARED COHEN: Well, Mr. Shah tell me if I'm wrong but to me these numbers don't add up.
Nice weekend, buddy!
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- #17,958
- Mar 30, 2018 7:20am Mar 30, 2018 7:20am
- Joined Oct 2008 | Status: Price made me do it. (0.0) | 1,312 Posts
Guys, brothers and sisters, if I may..., can anyone tell in a simple way to a noob, why the fk brokers need so fkn bad to wide the spread when there is low liquidity market??? Thank you. PS: I'd prefer reliable info, not wild opinions, thanks again.
The spread is made up of Limit Orders ONLY. This is our liquidity. Market orders are immediately absorbed by the limit orders on offer/bid. Market orders do not show up in the market until they are placed. Limit Orders are sitting there for all to see.
Think of it this way:
Limit Orders=Supply
Market Orders=Demand
Volatility=The difference between LO and MO.
Limit Orders CANNOT move the market. Only Market Orders can.
In the Interbank market the spreads are much lower than our retail spreads. Retail Brokers widen the spread larger than the Interbank spreads for insurance that they can place retail orders at a profit rather than a loss. Its a little more complicated than this but you get the idea.
That means today the Interbank spreads are wider than normal and the 'good' brokers have to compensate.
Today we see low liquidity and low volatility. That means high spreads and low movement of price.
The reason is Banks are gone on Holiday. They supply the vast majority of both supply and demand. So they left any limit orders they had running but spread them out wider than normal, but they were also large enough to easily absorb any demand from small speculators. They did all this via algorithms.
If the US Banks step in however...
- #17,959
- Mar 30, 2018 7:36am Mar 30, 2018 7:36am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} This is a market structure question. The spread is made up of Limit Orders ONLY. This is our liquidity. Market orders are immediately absorbed by the limit orders on offer/bid. Market orders do not show up in the market until they are placed. Limit Orders are sitting there for all to see. Think of it this way: Limit Orders=Supply Market Orders=Demand Volatility=The difference between LO and MO. Limit Orders CANNOT move the market. Only Market Orders can. In the Interbank market the spreads are much lower than our retail spreads. Retail Brokers...
But I'm too dumb to understand the premises:
1. The spread is made up of Limit Orders ONLY ???
2. This Limit Orders is our liquidity ?
3. Market orders are immediately absorbed by the limit orders on offer/bid ?
Mother of God, I'm such an ignorant!!!!!!!!!!!
LMFAO
Member
{quote} Thank you so much for your time and your great explanation, Skracor247! But I'm too dumb to understand the premises: 1. The spread is made up of Limit Orders ONLY ??? 2. This Limit Orders is our liquidity ? 3. Market orders are immediately absorbed by the limit orders on offer/bid ? Mother of God, I'm such an ignorant!!!!!!!!!!!
Skracor247 is referring to. Two 60 min charts I've saved, one from 2 weeks ago and one this week. Have a great Easter.
Good luck,
regards
goma
