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Volumes and SnR

  • #81
  • Edited Jun 11, 2018 12:56am Jun 10, 2018 7:37pm | Edited Jun 11, 2018 12:56am
Quoting J-j
Thanks @VEEFX always insightful reading your posts, slowly been making my way though them from the many threads in the last few days Agree its a shame how some of the threads on FF quickly denigrate, & I thought guitar forums were bad Cheers {quote}
I hope the OP continues with her steller drive with simplicity and puts all the macho idiots of the Factory to shame.

Being a father of a 19 yr old daughter, I am inspired to see someone here doing so well. Kudos!
Staying in my lane...
  • #82
  • Jun 11, 2018 3:28am Jun 11, 2018 3:28am
So i had a look at the so called Volumes indicator(Thanks to the person who let me have a look at it) whose subscription cost 99euros a month. Out of curiosity i attached a freely available NRP Indicator and boom it gave me the exact results as the BankersFX Volume indicator. Its funny how a lot of so called senior traders are defending the OP or the Bankers website and indirectly supporting these scammers. There is no way in the world where such FX data could be made available for petty dollars.

Attached Image (click to enlarge)
Click to Enlarge Name: Bankers.PNG Size: 69 KB


According to the statistics shown on the website there are almost 353 subscribers, so if you take on average 300 who have subscribed for this indicators you have approx 30K euros monthly revenue generated from a petty moving average indicator which is being marketed as some holy grail.

Attached Image (click to enlarge)
Click to Enlarge Name: 2018-06-11 10_21_47-Clipboard.png Size: 33 KB
Your salary is the bribe they give you to forget your dreams
  • #83
  • Jun 11, 2018 4:03am Jun 11, 2018 4:03am
Quoting horvat
So i had a look at the so called Volumes indicator(Thanks to the person who let me have a look at it) whose subscription cost 99euros a month. Out of curiosity i attached a freely available NRP Indicator and boom it gave me the exact results as the BankersFX Volume indicator. Its funny how a lot of so called senior traders are defending the OP or the Bankers website and indirectly supporting these scammers. There is no way in the world where such FX data could be made available for petty dollars. {image} According to the statistics shown on the...
That's very nice. Would you mind posting that NRP indi here? There are many NRP indicators. Is this the one you are using? see post: https://www.forexfactory.com/showthread.php?t=329399 I'm not sure it matches up as well as the one you showed.

Thank you.
  • #84
  • Jun 11, 2018 4:43am Jun 11, 2018 4:43am
Quoting horvat
So i had a look at the so called Volumes indicator(Thanks to the person who let me have a look at it) whose subscription cost 99euros a month. Out of curiosity i attached a freely available NRP Indicator and boom it gave me the exact results as the BankersFX Volume indicator. Its funny how a lot of so called senior traders are defending the OP or the Bankers website and indirectly supporting these scammers. There is no way in the world where such FX data could be made available for petty dollars. {image} According to the statistics shown on the...
You know, its also easy to look back at an indicator that is simply reacting to the conditions, and it looks like it perfectly anticipated them, when in fact, it just drew itself to incorporate what happened. The BankersFx volume indi is true trading volume that goes up and down according to the interest of the traders. It is not a reflection of the chart, it causes the chart. The indicator simply sees that and paints itself to reflect. But if you remember what she said, she watchs for the volume to fall below the average, then she makes her trade, becaue that anticipates the change in direction, when they start trading in the other direction. The indicator cannot anticipate their behavior. It will just go, "Oh hey look, the price is coming up, make the indicator show that." It is a reflection of what already happened. I know those indicators well enough, and if they don't repaint, then that means they are drawing them a candle late. Otherwise, they would have to repaint, because they cannot anticipate the price change. The price change is what changes the indicator.

I know, I'm repeating myself, but I've made lots of indicators, and I'm sure of my statements. Without live date being pulled into the BankersFx volume indicator, it would not work. It is not just a static indicator that sits there. It is communicating with the bank info.

Thanks for listening.
jb
  • #85
  • Edited 6:56am Jun 11, 2018 6:36am | Edited 6:56am
Quoting aaven
{quote} Angela, In your experience, can the concept be applied on Higher Time Frames Like 4HR and above? Thanks


Lol..... this guy was showing off the bankers fx indicator in some bank strength meter thread wayyyy before it was for sale at their website.

I tried to defend him sometime ago too..

Edit. cant claim scam but he is clearly related to the company and tried to post as someone unrelated to their business and someone had to point it out.
Dragon Rider
  • #86
  • Jun 11, 2018 6:50am Jun 11, 2018 6:50am
Quoting barloc
{quote} Lol..... this guy was showing off the bankers fx indicator in some bank strength meter thread wayyyy before it was for sale at their website. I tried to defend him sometime ago too..scams
Thanks Barloc...
  • #87
  • Jun 11, 2018 8:45am Jun 11, 2018 8:45am
Quoting horvat
So i had a look at the so called Volumes indicator(Thanks to the person who let me have a look at it) whose subscription cost 99euros a month. Out of curiosity i attached a freely available NRP Indicator and boom it gave me the exact results as the BankersFX Volume indicator. Its funny how a lot of so called senior traders are defending the OP or the Bankers website and indirectly supporting these scammers. There is no way in the world where such FX data could be made available for petty dollars. {image} According to the statistics shown on the...
"Its funny how a lot of so called senior traders are defending the OP " - assuming you are referring to me, I don't use any indicators or charts in my trading. I don't use ticks or volume either...never have and never will. I am only focussed on the fundamental elements of the OP's strategy and her simplistic approach of keep doing what works....nothing more. This strategy does NOT require volume analysis or indicator. Try automating this strategy and you will know the results very soon what I am referring to. It is sensible and logical and that is the only reason why I came here to encourage OP to continue and ignore the naysayers. This Swamp is full of degenerates waiting to pounce on individuals doing slightly better compared to their own trading. And this is a fact in this forum.
Staying in my lane...
  • #88
  • Jun 11, 2018 10:57am Jun 11, 2018 10:57am
Quoting Angela1985
Hi and welcome to my thread!! (!Angel-A) {file}
My One and only post in this thread.. looks like most reliable the last pages;-)


Inserted Video
Risiko birgt immer auch die Chance.
  • #89
  • Jun 11, 2018 11:10am Jun 11, 2018 11:10am
Quoting VEEFX
{quote} "Its funny how a lot of so called senior traders are defending the OP " - assuming you are referring to me, I don't use any indicators or charts in my trading. I don't use ticks or volume either...never have and never will. I am only focussed on the fundamental elements of the OP's strategy and her simplistic approach of keep doing what works....nothing more. This strategy does NOT require volume analysis or indicator. Try automating this strategy and you will know the results very soon what I am referring to. It is sensible and logical...
Firstly i was not referencing you and secondly i dont see any fundamental aspect in OPs posts. Its completely based on this indicator, a simple MA indicator which is being packaged like some super holy grail and rented for 99 euros a month. If you would have carefully read my post and the screenshot i posted you would have seen the evidence. There is no way BankersFX are getting their data from Banks and trading floors as they say on their site.

Its a outright scam where innocent people are getting duped.
Your salary is the bribe they give you to forget your dreams
  • #90
  • Jun 11, 2018 11:40am Jun 11, 2018 11:40am
Quoting horvat
{quote} Firstly i was not referencing you and secondly i dont see any fundamental aspect in OPs posts. Its completely based on this indicator, a simple MA indicator which is being packaged like some super holy grail and rented for 99 euros a month. If you would have carefully read my post and the screenshot i posted you would have seen the evidence. There is no way BankersFX are getting their data from Banks and trading floors as they say on their site. Its a outright scam where innocent people are getting duped.
Fair enough. I don't read by design what I must ignore. if you think this strategy works because of volume or indicator, you are highly mistaken.
Staying in my lane...
  • #91
  • Jun 11, 2018 5:36pm Jun 11, 2018 5:36pm
Quoting horvat
{quote} There is no way BankersFX are getting their data from Banks and trading floors as they say on their site. Its a outright scam where innocent people are getting duped.
Oh, really? You know that for a fact? Or are you just blundering loudly, trying to convince yourself and everyone else. Please cite your research and references. Don't make statements that are simply your opinion, as if they are truth.
  • #92
  • Jun 11, 2018 6:50pm Jun 11, 2018 6:50pm
Quoting ffjbentz
{quote} Oh, really? You know that for a fact? Or are you just blundering loudly, trying to convince yourself and everyone else. Please cite your research and references. Don't make statements that are simply your opinion, as if they are truth.
Wake up mate. Please. You will never get real banks/big boys info.. Not the real stuff.. but they will manipulate you.. Their greedy.

Their used to be a cartel of banks. The banks implicated in the scheme agreed to pay $3.4 billion in fines for their roles. The banks include HSBC, Citigroup, JPMorgan Chase, Royal Bank of Scotland and UBS for manipulating the market.

They don't do it anymore. They can't.

The FX market is huge – a turnover of $5.3 trillion every day according to the last BIS survey (published in 2013), so no private companies or investment banks could make the FX market trade at an ‘artificial’ level for any period of time.

You will never know what the investment banks/big boys are doing. What ever anyone here says or a website set up to con you.

The banks work in another way.. Let's say they wanted to invest 350 million dollars in the EUR/USD...

They will invest 50 million dollars to make a breakout up so everyone will jump in and start buying. The retail trap.

When there is enough buyers they will invest the rest (300 million) and go short taking you all out with your tight stop losses. Why do retail traders always lose.? There is one answer.

If you want a source for that info. I worked for Barclay's Investment bank for 7 years. They do that day in and day out. They make 10 Billion GP a year.

The only time the banks manipulated the market was the daily fix at 4pm... Its goal is to buy for example euros from the market at a lower price than it sells them to the customer. There is no 4PM fix now.. The daily fix time changes.

No one is privy to banks information. Never have and never will.

Bankersfx is a complete scam... If someone tells you they have banks info etc RUN.

Yes, it's a complete scam. But still people believe what they see.

Remember if it's to good to be true, it is..

Here is another method the banks manipulate you and not the market that is totally legal..
They put in a huge pending order to buy the EUR/USD - They let that info out so everyone starts buying the EUR/USD.. They then cancel the order and go short.
You will never beat them and no indicator or bankersfx will give you that information.

Banks can't manipulate the market. Its to big... But they do manipulate you on a daily basis..
The most violent element in society is IGNORANCE
  • #93
  • Jun 11, 2018 7:52pm Jun 11, 2018 7:52pm
Quoting neilsdigest
{quote} ...The banks work in another way.. Let's say they wanted to invest 350 million dollars in the EUR/USD... They will invest 50 million dollars to make a breakout up so everyone will jump in and start buying. The retail trap. When there is enough buyers they will invest the rest (300 million) and go short taking you all out with your tight stop losses. Why do retail traders always lose.? There is one answer. If you want a source for that info. I worked for Barclay's Investment bank for 7 years. They do that day in and day out. They make 10...
Good response. I have learned exactly what you said about beating retail traders.

The only part I have issue with is if BankersFX is lying. It should be something that can be validated, proven or disproven. Whether you have the proof, or someone else, I'd like to know the truth, regardless of what I "hope" is the truth.

jb
  • #94
  • Jun 12, 2018 2:24am Jun 12, 2018 2:24am
[quote=neilsdigest;11156044]{quote

One of the best posts I have read in a long time
  • #95
  • Jun 24, 2018 9:04pm Jun 24, 2018 9:04pm
Quoting neilsdigest
{quote} Wake up mate. Please. You will never get real banks/big boys info.. Not the real stuff.. but they will manipulate you.. Their greedy. Their used to be a cartel of banks. The banks implicated in the scheme agreed to pay $3.4 billion in fines for their roles. The banks include HSBC, Citigroup, JPMorgan Chase, Royal Bank of Scotland and UBS for manipulating the market. They don't do it anymore. They can't. The FX market is huge – a turnover of $5.3 trillion every day according to the last BIS survey (published in 2013), so no private companies...
it is finished!
Be fearful when others are greedy
  • #96
  • Jun 24, 2018 9:53pm Jun 24, 2018 9:53pm
If we cannot win, Then why are we here & why do we continue this charade? Wouldn't it be better to take what skill & experience we have learned & take it to a regulated market?
  • #97
  • Jul 7, 2018 12:57am Jul 7, 2018 12:57am
Greetings!
Can someone assist with Bankersfx contact details. Thanks
  • #98
  • Jul 7, 2018 3:16pm Jul 7, 2018 3:16pm
Quoting Ges47
Greetings! Can someone assist with Bankersfx contact details. Thanks
I sent them an email a while back from their contact page here: https://www.bankersfx.com/#contact-us-section

but unfortuantely, i never received a response.

I hope you can get a repsonse from them to confirm their credibility. I would love to know.

jb
  • #99
  • Jul 8, 2018 12:04pm Jul 8, 2018 12:04pm
Okay thanks i will try and let you know
  • #100
  • Jul 24, 2018 2:08pm Jul 24, 2018 2:08pm
Unfortunately (or not) I have to agree that BankersFX is a scam. I decrypted their connection and in fact there is no data feed. The Core Volume indicator is calculated solely from broker data. They check authentication and that's all. I wrote a little proof-of-concept and can provide "free" Core Volume to anyone who's interested.

Just PM.
It takes blood, sweat and enough tears to wash away the blood.
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