The only thread you will ever need: FX Exposed!

FractalFreak

As an FYI, I had watched all your videos prior to posting my observations and questions about your trading approach in post #231 ..... and so I am really clear, I have also looked at all the videos since

With all due respect you did not answer all my "content" questions that I posed in post #231. I will ask them again.

1. Is the indicator on the main chart an open orders indicator - you indicated no? I notice you call them position bars, but aren't these "unfilled positions" or in other words "open orders?. If you disagree, then can you please clearly define what a position bar is?
2. What is the source of data for your position bars?
3. Is the indicator in the lower window an open positions indicator that shows retail trader sentiment? In this case is this filled positions (e.g. similar to what brokers show as % long vs % short)?.
4. Again, what is the source of data for the indicator in the lower window?

Thanks

FractalFreak

This is a tangential discussion, but an important one.

You indicate on the opening page that "the FX markets are NOT driven by supply and demand at all (as many people assume)".

However, in your videos you show how market makers demand the "supply" of open orders (i.e. the liquidity to fill their big orders in a zero-sum game). Obviously, the market makers need to make a profit so at some point in time they will also provide a supply of orders, for which there must be a demand, in order to liquidate their positions.

So, for clarity, a more logical conclusion using your thinking could be that "the FX market is in fact driven by supply and demand ... but the supply and demand of the market makers!"

Is this not correct?

Thanks

Your absolutely correct, the market makers have vast amount of money they can throw at the market to move it. However they have rules how to use it, they cant just move a pair 1000 pips well they can but thats not likely as it will ruin the game and economy. They have a average daily range they can move, sometimes these moves can be bigger if theres important news. They hide behind news to or hit the stops or shift away from the traders that are trapped at that location.

Hi Fractal,

I appreciate all your sharing so far, I think we can see (for those who want to see) the logic of your 100 videos and also the latest answer to the question that you posted. All these take time and effort from you, which you could have spent on more important matters. And from all your sharing, I do believe that there is manipulation of the markets. But I am still having problem understanding the PURPOSE to this whole analysis.

I believe most people here want to earn profits, and likely you included (although you have stressed that its not your purpose at the moment). However even though your sharing makes sense so far, it doesn't address how we can profit from what is taught. All your sharing and videos are based on the stop order info that you can see on your chart, and I wonder if it is still possible to share the logic if we take those indicators or info out from your charts. Because that is what we can see are available in the videos. Without that info, even though we can make similar deductions on the price movement towards the concentration of stops, without that info don't we all become blind again? Are you able to do the same kinds of deductions without the info that you see in the charts?

Take the analogy of teaching us to fish. It is as if we are all using our hands to try to catch fish now and it is difficult. Suddenly you showed us that the SM people have fishing rods that they can use to fish! No wonder they are catching all that fish! But unfortunately we still don't have any access to the fishing rods, how then can this new information help us?

As of now I do not see any application or benefit to us, even though I agree that the information is privileged and we otherwise may not have the chance to gain the info. As of now, I still don't see the purpose or any progress beyond just analyzing info. And you know that going over information again and again without any real result can be frustrating, and pointless too. And I believe many people are confused by the purpose and agenda of this thread at the moment.

Without the indicators, we belong to the DM traders. It is possible for DM to understand the workings of SM behind the scenes and become profitable, even though we will always be at a disadvantage without the information? Because so far I have seen nothing tangible shared that can be applied to our side (DM) of things to increase profitability, but only how the SM's side of things work.

I hope you can clarify this point, or even if there is really no agenda on your part, except that you hope to teach us more knowledge with the hope that the wisdom of the community here will improve with time, do let us know. I would like to know the purpose to this thread, so that I won't have to follow the thread blindly, as time is really precious and it is good to be upfront. Thank you.

Interesting video.
Thanks

I have watched all the videos, read all the posts (aaargh, the rhetoric/babbling, terrible waste of time) and I believe I understand the principle and am accepting of the premise. Of course, we are all waiting for the mechanics, which is the easy part. I will be patient and look forward to more teaching/exposure from FF.
Hopefully the bantering will subside.

A perfect and important topic for retail traders going down the drain (mostly OP's fault imo). Really Sad!

 

1. If I were to open a thread, I would make it read-only for this very reason.
2. If I have commercial intentions in the future, I would never start a thread with fancy indicators. I wold go commercial first and then start a thread with complete transparency
3. If I were to open a thread, I would never respond to idiots who just do not understand how market making works.

With that said, Here's my 2 cents to readers of this thread. OP is CORRECT imo. There is no order 'flow' or Supply Demand zones. All these are made up stories in the mind of the strategy builders to convey their story via charts as a vehicle to interpret what price does, how it behaves and attract followers on forums. That is all there is to it.

VeeFX Food for Thought: No need to respond (unless asked)... just think and ask yourselves for a change.

 

1. Let's say a new regulation comes out forcing traders to close all their open positions as of close of market today and force brokers to have a minimum deposit of $10,000 starting tomorrow and force traders to open one microlot MARKET ORDER for the life of the account with no SL or TP. What will price do? Where will the price go? How will big orders find liquidity?
2. What will price do if all retail and institutional traders were forced to only trade via market orders with no stop loss or take profit?
3. Have you ever wondered why you cannot change the lot size on a LIMIT ORDER submitted to your broker's platform? I have but let's hear from some of the senior members out here!
4. Have you ever wondered why and how Brokers are able to offer such high leverage on our tiny deposits? Where is the money coming from? What role does LPs play in offering leverage? Why are they offering leverage to retail traders via revolving lines of credit to their brokerage 'partners'?
5. LP = Liquidity Providers. Their primary function is to provide liquidy to the markets to match buy with sell and sell with buy orders. If EVERYONE were to only trade via market orders with no SL/TP, what will happen to their core business model?
6. Do Retail brokers Make Market? If you think they do, think again.They do not. Just being a counter party to your trade does NOT make they are "market Makers". They are bucket shops running scam operations.
7. Why are there only 12-16 LPs in the entire industry? What is their sole purpose to Tier1 banks and their VERY LARGE customers making billions worth of orders to hedge currency exposure?
8. Do you think retail brokers share their order book with other retail brokers?
9. Do you think retail brokers share their order book with Liquidity providers?
10. Do you think LPs have access to aggregate order books from the entire retail brokerage industry?
11. Do you think sites like FF and myFXBook provide aggregate order books to their affiliate partners?
12. Do you think brokers do not track how many pips to move the market to trigger a massive liquidation event in your account and account across brokers?
13. Why do you think forums freely offer strategies and advocate use of limit and stop loss orders? "Place SL above high/low with space" is a common theme found in most strategies. Why is that?

VeeFX Formula for success:

1. Forget what price is doing or where will it go. You can never tell !
2. Focus on what markets HAS to do to survive. I have said this repeatedly over a 1000 times but folks think I am arrogant or have some secret formula like this idiot or the idiots at pivotfactory who think holding one to losers, adding to losers or martingale is the key to success. I don't have any magic pill ! One must ALWAYS trade with the market makers and not against. 95% of my wins come from stop hunting exercise, fakeouts, spikes, session open/close when volatility goes thru the roof ! These are all market functions that HAS to happen all day every day. Focus on the repetitive nature of all markets. Don't believe me? See my stats I posted today.
3. To sum up, OP is 100% correct. Trade in the direction of stop hunts and it is EVERY EASY to figure that out. I trade without charts and I can tell just looking at my portfolio when the next round of volatility will happen.
4. Stay away from forums. They are all a mine field full of manipulative ideas or for traders who cannot handle boredom or loneliness.

To OP: What the f*ck are you doing with so many videos dude?

EDIT: Here's an important note to add to the list.
14. Why does price has to come down in order to go up? Why does price has to go up in order to come down?

EDIT2: And for the reasons above, I will never ever connect a live account to TE or myFXBook. myFXbook allows syncing without broker information otherwise I would not use their service but I am sure they know who I am and what my strategy does. For that reason, I will soon move towards building my own trading stats framework with the necessary measures important to me.

- fake support / resistance
- house cleaning
- H4 dynamics
- overshooting / undershooting

You dont really need his special indicator but i have to say i quite fancy it, i use some basic EMA's that most traders use and an TDI.
By looking at the behaviour and patterns at some exact times like VEEFX said you can understand what they are doing and have a 80%+ understanding about what there next move is gonna be. For your own sake i would follow this thread very closely it can be life changing!

I'm understanding a bit more now.
Thanks

PEALRS to SWINE.

"I'm understanding a bit more now.
Thanks"

That is good,
you are welcome dear.

"Your not the only one with the secret to trading Forex."

iamsovereign,

then please go and find someone that suits you better.
It won't be me anymore.

Great video - Much more clearer and getting there. Got this thread on auto refresh haha

You keep outshining yourself dude...

VEEFX,

"Focus on what markets HAS to do to survive"

This was a point you subtly mentioned in many of your posts. I always thought that the answer was that the price has move away from the current reference point.

but, There is definitely more to it, could you enlighten us?

Thanks

Hello again this knowledge applies only to Forex or on any other market? like commodities or indexes?

Thank you.

In just four hours of posting here, I made another 2% in absolute gains and another 28% in time-weighted gain during NYSE close. Do I need to state the obvious bro? I have already shared a ton of what markets HAS to do. Money Flows all around the world from one market to the next market from participants around the world with accounts in their local denominations, multinational corporations moving capital from inward to outward and vice versa during financial reporting times. Time is the MOST important element in trading (now some idiot will be quick to say "timeframes have no significance on price" and to them I will say, ofcource! Timeframes are irrelevant to price movements)

Anyways, here's another thought provoking phrase you will never see on forums....

Newton's 3rd Law of Motion: For every action, there is an equal and opposite reaction.
VeeFX Law of Motion in FX Markets: For every Action, there is always a binary reaction (some place else in the universe!)

99% of the market is made up of Binary equivalents. You cannot make decisions with a singular mindset within FX market that (almost) always results in a Binary OUTCOME. There is ALWAYS a Binary outcome! If there is an "IF" in your thought process, there HAS to be a corresponding "Else" associated with that reasoning or else you will fail by having an incomplete solution within your strategy.

Hope this sheds more light but please do not listen to anyone on forums including me. Please Do your own research without being brainwashed by anyone else as it is very hard to detox your mindset. It took me two full years to detox my thinking and rely on my own capabilities and I am still not there yet !

By reviewing the things mentioned here I know again, that my
countertrend strategy is working like clock work ;-)
I don't know the exact stop levels because by anticipating the potential
turning points in advance I have the advantage I need.
As George Soros said once :
"Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected."
I follow that advice and make money constantly.
The secret is to know when to discount the obvious and bet on the unexpected ;-)
That seems to be explained quite well here...