The only thread you will ever need: FX Exposed!

NU H4:

UC H4:

Hi FF, maybe I must just follow your chart (skip my system) , I'm long on EU, looks like the price will go down to around 1.12850.Maybe I should do a hedge for 30 pips
I'm guessing it is coming more buyers in EU now?
News event later today could also make the SM to take out that low.

A lot of shorts on EJ, plus lower edge of the blue band. I expect some bounce to take out the DM shorties.

As for EU, been almost like a one way train to the downside for some time now.

So, what you are saying is that there was not clear trade in EU as the DM bias was low (small bars), right? in your chart/arrows there was before a high bias due to the accumulation of long and bigger DM bars, right?

If that is so, why in your opinion the EU went lower yesterday? in other words what was the SM aiming/doing?

GU M15:

EU M15:

"Hi FF, maybe I must just follow your chart (skip my system) , "


El1000,

as I said many times, it does make sense to filter signals from whatever you do with the screenshots here.

That way, some ppl can even make unprofitable systems profitable.

Stay safe,
FF

"A lot of shorts on EJ, plus lower edge of the blue band. "

here EJ...taking out some MTs:

"If that is so, why in your opinion the EU went lower yesterday? in other words what was the SM aiming/doing?"


It was not difficult to see that EU would make an IR MT run...see here:

For the ones who are either STILL naive and believe in the Supply & Demand fairytale,

or for the ones who try to implement dark agendas of MISINFORMATION (i.e. dukas_troll), here you go:

https://phys.org/news/2018-01-hsbc-m...ettlement.html

Wake up from KUKU LAND!

"
Prosecutors say that in 2010 and 2011, traders on HSBC's foreign exchange desk used confidential client information to conduct trades in British currency that deliberately drove the price of sterling in a direction benefitting the bank and harming the clients."

"
In October, HSBC's former head of foreign exchange cash trading, Mark Johnson, was convicted of eight counts of conspiracy and one count of wire fraud after a four-week trial. He is due to be sentenced next month.
HSBC was one of six major US and European banks that were fined a total $4.2 billion by global regulators in a November 2014 crackdown for attempted manipulation of the foreign exchange market."

"HSBC's admissions in connection with this resolution confirm that the company misused confidential client information for its own profit on more than one occasion," John Cronan, the acting head of the department's criminal division, said in a statement.
"This sort of misconduct not only harmed their clients, costing the victims money, but it also ran a serious risk of undermining the public's confidence in our financial markets."



Ah, but you know what? We just imagine all of that manipulation, isn't it?

;-)

Stay safe,
FF

Hi FF,

Correct me if I'm wrong here. Out of the principles that you've covered, which ones do you prioritize in your DM bias process. Because it's easy to make a bias looking at the chart in hindsight but not so much in real time.

https://www.bloomberg.com/news/artic...pending-appeal

"Former HSBC Holdings Plc trader Mark Johnson, the first person to be convicted in a global crackdown on currency rigging, was ordered freed from prison as he pursues an appeal arguing that he didn’t know he was breaking U.S. law."

"That appeals judges ordered Johnson freed on bail without issuing an explanation, but left it to U.S. District Judge Nicholas Garaufis to determine the conditions of his release."

alehayden,

so here:

Oh yeah sure,

all that manipulation we see LIVE here for almost 3 months now, day in day out,

must be all imagination.....sure....


all the live calls were pure luck.............just a lucky run you know...


better listen to dukas_troll..........he really knows how markets actually work; how the price goes up when demand surpasses supply....

go and read his great threads.......................you will also love his awesome choice of language...........


;-)

Stay safe and love to all,
FF