The only thread you will ever need: FX Exposed! | Page 147 | Forex Factory

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The only thread you will ever need: FX Exposed!

  • #2,921
  • Jun 27, 2018 3:13pm Jun 27, 2018 3:13pm
Quoting taksistalo
FractalFreak, Thanks for the post and information you provided. Appreciate your work and time, however still spins in my mind, why to share something if you can't share it completely? Don't get me wrong, I might not see your vision here. Just FX world is huge and there are successful people with different strategies and many things just can't be replicated as trading is psychology. Lets take trading as a job, so I think I understand your style of work, but the hardest task would be create tools...
To answer your question, no. Unless you have access to the client management systems of the top 10 largest banks that provide over 80% of the liquidity to such a large market, you cannot automate money-making in this market.

EVEN THE BANKS DO NOT TOTALLY AUTOMATE THIS PROCESS!
Although some of it is, not all of it is computers. There are people monitoring the progress 24/7!!

You must know their limits and their traps in order to sell when price must be bought back by the dealer, and but from the dealer then they are looking to sell.

Learn to trade when they must pay you by default.
Discouragement is the language of the devil. Results over hype.
  • #2,922
  • Jun 27, 2018 3:33pm Jun 27, 2018 3:33pm
here a nice market overview on H4....

enjoy..

FF
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  • #2,923
  • Jun 27, 2018 3:34pm Jun 27, 2018 3:34pm
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  • #2,924
  • Jun 27, 2018 3:37pm Jun 27, 2018 3:37pm
QUALITY WINS.


HATERS are LOSING GROUND.

;-)

Be PERSISTENT.

FF
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  • #2,925
  • Jun 27, 2018 3:39pm Jun 27, 2018 3:39pm
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  • #2,926
  • Jun 27, 2018 3:39pm Jun 27, 2018 3:39pm
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  • #2,927
  • Jun 27, 2018 3:41pm Jun 27, 2018 3:41pm
BE a GOOD PERSON.

But have BALLS.

Do not TAKE Shxt.

Defend GOOD people.

Stay PERSISTENT and FAIR.

EVERYTHING you do is observed.

Protect your KARMA.

FF
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  • #2,928
  • Edited 10:14pm Jun 27, 2018 4:41pm | Edited 10:14pm
Quoting callmechief
{quote} To answer your question, no. Unless you have access to the client management systems of the top 10 largest banks that provide over 80% of the liquidity to such a large market, you cannot automate money-making in this market. EVEN THE BANKS DO NOT TOTALLY AUTOMATE THIS PROCESS! Although some of it is, not all of it is computers. There are people monitoring the progress 24/7!! You must know their limits and their traps in order to sell when price must be bought back by the dealer, and but from the dealer then they are looking to sell. Learn...
Well said !
"Learn to trade when they must pay you by default." -
Translation: "Do what market (maker) HAS to do to Survive"...I have said this a 100 times in my posts
Staying in my lane...
  • #2,929
  • Jun 27, 2018 5:10pm Jun 27, 2018 5:10pm
I will check out this guy, with a huge bag of salt.
LOVE
  • #2,930
  • Jun 27, 2018 5:21pm Jun 27, 2018 5:21pm
BEWARE.......different brokers....different games:
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  • #2,931
  • Jun 27, 2018 5:22pm Jun 27, 2018 5:22pm
"There are people monitoring the progress 24/7!!"

Of course.

But the execution is automated.

YES, they use 'dark pools'.

FF
www.sme-fx.com
  • #2,932
  • Jun 27, 2018 5:23pm Jun 27, 2018 5:23pm
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  • #2,933
  • Jun 27, 2018 5:24pm Jun 27, 2018 5:24pm
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  • #2,934
  • Jun 27, 2018 7:37pm Jun 27, 2018 7:37pm
Quoting FractalFreak
BEWARE.......different brokers....different games: {image} {image}
re- your 2 USDCHF charts in post #2930 -->>
I have AxiTrader & IC Markets
AxiTrader made the large wick bar move but IC Markets did not
That is, your top chart resembles IC Markets and the bottom one resembles AxiTrader
Is the difference caused by the broker or by the liquidity providers or by someone else?
  • #2,935
  • Jun 27, 2018 10:34pm Jun 27, 2018 10:34pm
Quoting silverau
{quote} re- your 2 USDCHF charts in post #2930 -->> I have AxiTrader & IC Markets AxiTrader made the large wick bar move but IC Markets did not That is, your top chart resembles IC Markets and the bottom one resembles AxiTrader Is the difference caused by the broker or by the liquidity providers or by someone else?
How does the liquidity provider give two different pricing to two brokers? What do you think?

Obviously it is done by the brokers who want to take out some stops in their system.
  • #2,936
  • Jun 27, 2018 10:43pm Jun 27, 2018 10:43pm
Quoting FractalFreak
OK, here again a summary of my EURUSD posts from today for the LAZY ones (WHY am I doing this? Should be done by a bon eleve!)... YEs, I was SHORT, YES, I made GOOD MONEY. I hope you too! Stay safe, FF {image}

HORRIDO on EU, UChf, GU, but somehow I didn't see anything on UCad so missed out on that one! But still a good day indeed.

It is nice how you update here live, and I come back regularly as if to catch the next tv episode as its so interesting to watch.. haha

We have all learnt much from your sharing, eyes opened.

I guess some people just can't comprehend why someone can have such generosity to be sharing all these knowledge. They keep guessing the agenda and miss out on the pearls here. It must be hard for them to be proven wrong. I guess their priority is not really trading but to find scammers haha. That's why I don't bother with others if their priority isn't aligned. I can see that FF you are still trying to save them, kudos to you for trying! Respect that. But I personally won't bother. =)
  • #2,937
  • Jun 28, 2018 12:23am Jun 28, 2018 12:23am
Quoting callmechief
I was Mentored by a Retired Forex market Maker... They aren't your friends. There are some amongst us who pose as retail traders, and lead people astray. Books won't ever teach you how they really work, as those are the keys to the financial kingdom. Understand, they have total transparency, and will stop at nothing to make the most money possible... But they have limits... Yes, I said it. there ARE limits! I didn't go though the videos really, but I will say this... We are all a part of something bigger. Regards, Chief
"I was Mentored by a Retired Forex market Maker..."

Chief,

Could you please explain, How did that come to happen?


Thanks
  • #2,938
  • Jun 28, 2018 12:45am Jun 28, 2018 12:45am
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  • #2,939
  • Jun 28, 2018 12:46am Jun 28, 2018 12:46am
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  • #2,940
  • Jun 28, 2018 12:47am Jun 28, 2018 12:47am
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