The only thread you will ever need: FX Exposed! | Page 487 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trendline Break (The Only System You Need) 651 replies

There is no Magic Moving Average - You need only one 1,116 replies

You only need 10 trades to turn 1.000 to 1.000.000... 9 replies

Did it ever happen to you? you had to change rules! 23 replies

Lessons you learn only when you blow up your account. 7 replies

Attachments: The only thread you will ever need: FX Exposed!
Exit Attachments

The only thread you will ever need: FX Exposed!

  • #9,721
  • Nov 22, 2018 12:25pm Nov 22, 2018 12:25pm
Quoting Robinhood1
{quote} Hi Leanhoney Its not a secret that markets have been invaded by AI. For instance, High frequency trading. If you go on youtube there are some documentaries about it and normally donīt want to be interviewed. So it is common sense that if we all have an account linked to the markets then we are displaying all our movements including the amount of cash because brokers get their license and follow the rules that Mr. SM plays. Otherwise how does FF get to know SL positions which is admirable. But my theory is they canīt win it all. Example:...
Mr Hood

I was thinking, correct me if I'm wrong, when a trader makes money, he won't be taking the Smart Money, he will be taking the Dumb Money won't he?

JD
  • #9,722
  • Nov 22, 2018 12:27pm Nov 22, 2018 12:27pm
Also;

all we ever have on the BUY SIDE is an approximation of the market. But that can be good enough to at least be protected against many of the SM runs.

No; NONE of us will ever be on the same level as the SM. I have said that MANY times by now. They have an EXECUTION advantage, a SPEED advantage, a TRANSACTION COST advantage, etc.

However;
my hope is that FINALLY; there will be a MOVEMENT against the current reality; which is one of COMPLETELY ALGORYTHMIC, AUTOMATED, UNFAIR ALGO GAMES.
Enough is enough.

Bucket shops seem to get away with ANY tricks against clients.
Market makers seem to get away with the MANIPULATION just by paying some fines to the regulators every few years.

Is that the way it will always be?
A regular shake-up followed by a continuation?

No, that is not good enough.

Can you even imagine the magnitude of the financial damage resulting from the SM Algo Manipulation?
We are talking about whole COUNTRIES being affected.

It is time for change.

FF
www.sme-fx.com
  • #9,723
  • Nov 22, 2018 12:44pm Nov 22, 2018 12:44pm
Quoting FractalFreak
JD; well, there are many providers that offer you to subscribe and they will provide you with all kinds of FX order data. Remember that FX markets are fully decentralized. Also, there is a lot of free and public stuff available. No; nobody of us will ever see the SM orders in their dark pool. They made sure that this is not available. I will not post any subscription service here since I neither want to promote any of these services or products here. This thread is about some FREE KNOWLEDGE for the ones who look for it and who want to understand...
Good for you FRAC,

Maybe you misunderstood my question, I am not your enemy.

I never asked for any subscription service, your charts of no use to me, they are static, to trade your way you would have to study price movement in relation to DM clusters for a long time, and you have, for which i applaud you.

I was just trying ask some questions from someone who seems to know his stuff.
Would it be possible to answer my query?

I have done my homework and gone through 487 pages of this thread.

IS THIS THREAD HERE JUST FOR YOU TO HIGHLIGHT FOREX MANIPULATION, OR IS IT A DISCUSSION ON HOW TO TRADE DUMB MONEY?
I'M CONFUSED. (i'm not being sarcastic).

Safe

JD
  • #9,724
  • Nov 22, 2018 12:45pm Nov 22, 2018 12:45pm
Quoting LeanhoneyJD
{quote} Mr Hood I was thinking, correct me if I'm wrong, when a trader makes money, he won't be taking the Smart Money, he will be taking the Dumb Money won't he? JD
I think he will be taking it from both in their respective percenteges. Its dificult to say. There is a report going around that says 99.99% loose. My broker states 72%. If you win in Casinos all the time they will send you a guy at the table who is supposed to bring you "bad luck". If that doesnīt work they will bann you going inside any casino. Remember Jesse Livemore, they would not let him trade at buckshops. It is still the same. There might be few people making profits but not millions in my opinion. Iīll let you know when i make my first million
POSTMASTER
  • #9,725
  • Nov 22, 2018 12:53pm Nov 22, 2018 12:53pm
Quoting Robinhood1
{quote} I think he will be taking it from both in their respective percenteges. Its dificult to say. There is a report going around that says 99.99% loose. My broker states 72%. If you win in Casinos all the time they will send you a guy at the table who is supposed to bring you "bad luck". If that doesnīt work they will bann you going inside any casino. Remember Jesse Livemore, they would not let him trade at buckshops. It is still the same. There might be few people making profits but not millions in my opinion. Iīll let you know when i make my...
Mr Hood
You seem to trade longer time frames (I've been stalking you hahaha), you must be rich or have big bollocks because you have big movements against you.
JD
  • #9,726
  • Nov 22, 2018 1:15pm Nov 22, 2018 1:15pm
Quoting LeanhoneyJD
{quote} Mr Hood You seem to trade longer time frames (I've been stalking you hahaha), you must be rich or have big bollocks because you have big movements against you. JD
I try to get reversels and go for 3 digits. I donīt mind price going against me even for a 100 pips if i am going to get 600 pips. less chance to blow my account going back and forth at SMīs will. I dont trade big lots and be patient. Waiting for my broker to give me the sack anytime now
POSTMASTER
  • #9,727
  • Nov 22, 2018 1:27pm Nov 22, 2018 1:27pm
Quoting Robinhood1
{quote} I try to get reversels and go for 3 digits. I donīt mind price going against me even for a 100 pips if i am going to get 600 pips. less chance to blow my account going back and forth at SMīs will. I dont trade big lots and be patient. Waiting for my broker to give me the sack anytime now
I might be too greedy
  • #9,728
  • Nov 22, 2018 1:41pm Nov 22, 2018 1:41pm
Quoting FractalFreak
Nice one JD.... https://www.youtube.com/watch?v=4jQDyoD9rlc

I think the idea that algos operate as a cartel is a bit silly. They do compete against each other, though.

Inserted Video
  • #9,729
  • Nov 22, 2018 1:44pm Nov 22, 2018 1:44pm
Quoting gespiri
{quote} I wasted enough time on this. BLOCKED THE TROLL.
Which one are you? cip cip cip


https://www.forexfactory.com/showthr...0#post11711320
Don't give up on your dreams. Keep sleeping.
  • #9,730
  • Nov 22, 2018 1:53pm Nov 22, 2018 1:53pm
There is a very good idea from bfx17 in order to regulate commercial members:

https://www.forexfactory.com/showthr...6#post11725106
Don't give up on your dreams. Keep sleeping.
  • #9,731
  • Nov 22, 2018 1:56pm Nov 22, 2018 1:56pm
Quoting Sciurus
{quote} I think the idea that algos operate as a cartel is a bit silly. They do compete against each other, though. https://www.youtube.com/watch?v=V43a-KxLFcg
https://en.wikipedia.org/wiki/Gold_fixing

Its a big club, and you ain't in it
Attached Image
  • #9,732
  • Nov 22, 2018 2:07pm Nov 22, 2018 2:07pm
Quoting Sciurus
{quote} I think the idea that algos operate as a cartel is a bit silly. They do compete against each other, though. https://www.youtube.com/watch?v=V43a-KxLFcg
It just backs what i explained earlier. There is "Boss" algo, the wealthiest. He talks about speed but what about the money. If my Algo (cartel)has more money it will overthrow the rest by buying out more contracts than his oponent.
POSTMASTER
  • #9,733
  • Nov 22, 2018 2:08pm Nov 22, 2018 2:08pm
Antway, very interesting
POSTMASTER
  • #9,734
  • Nov 22, 2018 2:18pm Nov 22, 2018 2:18pm
Quoting Robinhood1
{quote} It just backs what i explained earlier. There is "Boss" algo, the wealthiest. He talks about speed but what about the money. If my Algo (cartel)has more money it will overthrow the rest by buying out more contracts than his oponent.

In some cases, larger firms are at a disadvantage. Lets say a news event triggers a buy for the algos. It will be harder to find sellers for 1 trillion than 1 million. The advertising mechanism for the forex market (price) will need to go higher to find enough sellers.
  • #9,735
  • Nov 22, 2018 2:20pm Nov 22, 2018 2:20pm
Quoting LeanhoneyJD
{quote} https://en.wikipedia.org/wiki/Gold_fixing Its a big club, and you ain't in it {image}
And you ain't either. ;-)

And let's face it. Bringing up gold fixing when floor trading was the way things were done and drawing a comparison to algo trading is a bit (a big bit) of a stretch.
  • #9,736
  • Nov 22, 2018 2:35pm Nov 22, 2018 2:35pm
I am still waiting for FF to describe who does the manipulation (not in vague terms), what their motivations are, and the mechanism through which they do the manipulation (algos is pretty diverse topic - more specific than that). Oh, and who organizes this cartel?

These are pretty big claims.

I won't hold my breath.
  • #9,737
  • Nov 22, 2018 2:38pm Nov 22, 2018 2:38pm
Quoting FractalFreak
Any thread on a forum like this here that shows some of these points gets quickly "shot down" by the broker trolls. That is their job. They will do just ANYTHING you can imagine to prevent anyone from exposing the TRUTH.
What a bunch of BS!

Forex Factory get paid by the sponsor brokers (at least they are transparent about it and the list is freely available on this site) and yet they kindly allow you to promote your services for free on their site for at least 6 months now?! If you were anything but a mythomaniac, a single phone call from any of those brokers and you would be immediately and definitely banned from the site!
Don't give up on your dreams. Keep sleeping.
  • #9,738
  • Nov 22, 2018 2:45pm Nov 22, 2018 2:45pm
Quoting Sciurus
{quote} In some cases, larger firms are at a disadvantage. Lets say a news event triggers a buy for the algos. It will be harder to find sellers for 1 trillion than 1 million. The advertising mechanism for the forex market (price) will need to go higher to find enough sellers.
news donīt move the market, they trigger the market but larger firm will push the price where ever convinient. Natural law Big fish eats small fish. Big fish is also who manipulates the market. who are they? who knows. they are not going to tell you.
POSTMASTER
  • #9,739
  • Nov 22, 2018 2:46pm Nov 22, 2018 2:46pm
Quoting Sciurus
{quote} And you ain't either. ;-) And let's face it. Bringing up gold fixing when floor trading was the way things were done and drawing a comparison to algo trading is a bit (a big bit) of a stretch.
I was quoting George Carlin.

It's the same just more advanced, same players and families.
I haven't watched your video yet, but it looks interesting.
  • #9,740
  • Nov 22, 2018 2:51pm Nov 22, 2018 2:51pm
Quoting Artcool
{quote} What a bunch of BS! Forex Factory get paid by the sponsor brokers (at least they are transparent about it and the list is freely available on this site) and yet they kindly allow you to promote your services for free on their site for at least 6 months now?! If you were anything but a mythomaniac, a single phone call from any of those brokers and you would be immediately and definitely banned from the site!
Who is this ugly guy non-stop talking nonsense. Some one give him his pils send him to sleep
POSTMASTER
1 trader viewing now