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Real or Algo

  • #321
  • May 10, 2020 11:04pm May 10, 2020 11:04pm
Quoting moodybot
Area's of interest.... {image}
took long from here lets see
  • #322
  • Edited 11:58pm May 10, 2020 11:43pm | Edited 11:58pm
Quoting BWilliam
{quote} This high profile case happened in May 2019. This case does not explain for the scale of collusion you believe in some members suggestion of SINGLE ALGO PURPOSED to manipulate mass psychology in order to swallow up dumb money(herd mentality) stop-loss. Try harder.
If someone choose to be blind, there's no cure for that.

It proves collusion exists inside the forex cartel. Where did I mention algo in my post ?
  • #323
  • May 11, 2020 12:36am May 11, 2020 12:36am
Quoting pooh123
If someone choose to be blind, there's no cure for that. It proves collusion exists inside the forex cartel. Where did I mention algo in my post ?
The topic is about "Real or algo". Moodybot and many others are super sure about single algo psychology manipulation.
Your post here made clear that you don't support this algo supposition.

Again, the case you cited does not support the scale of collusion that you implied.
Know what you trade
  • #324
  • May 11, 2020 12:50am May 11, 2020 12:50am
Quoting Mtahami
{quote} took long from here lets see
Seems a reasonable call...
  • #325
  • May 11, 2020 12:52am May 11, 2020 12:52am
Quoting BWilliam
{quote} The topic is about "Real or algo". Moodybot and many others are super sure about single algo psychology manipulation. Your post here made clear that you don't support this algo supposition. Again, the case you cited does not support the scale of collusion that you implied.
Which statements of mine make you believe I don't support the algo supposition ?

And, I only mentioned if 3~5 of them collude they can manipulate price and that case proved it.
  • #326
  • May 11, 2020 12:57am May 11, 2020 12:57am
Quoting pooh123
{quote} Which statements of mine make you believe I don't support the algo supposition ? And, I only mentioned if 3~5 of them collude they can manipulate price and that case proved it.
Quoting pooh123
Where did I mention algo in my post ?
And, you have not state your vote. Pls do, be brave to make public your stand.

Can you make clear your position without ambiguity(don't avoid it) about moodybot's discussion topic,

Single algo manipulation.
Know what you trade
  • #327
  • May 11, 2020 1:12am May 11, 2020 1:12am
Quoting BWilliam
{quote} This high profile case happened in May 2019. This case does not explain for the scale of collusion you believe in some members suggestion of SINGLE ALGO PURPOSED to manipulate mass psychology in order to swallow up dumb money(herd mentality) stop-loss. Try harder.
No, it didn't. This is the date of the article...the cases are 12,13 years old (next time you could actually read the article before answering). At that time they used the chatrooms in order to collude on prices, levels, volumes etc.

But a lot of the time has passed since then and the artificial intelligence evolved incredible. So why don't you think that they are using the AI these days for manipulation purposes? The detection risk is way, way lower than chatrooms or other means of communication, plus that the AI can harmonize/sync the inputs from various sources. Not to mention that they are sort of black boxes...

So do you think they stopped to manipulate fx markets? If yes, you didn't crack the Riemann Theory

If no, how do you think they are doing it these days: using ancient, rudimentary tools or the most advanced ones?
On ignore list of scammers, deceivers and low IQ individuals. Exclusively
  • #328
  • May 11, 2020 1:17am May 11, 2020 1:17am
Just a follow up to EURNZD
Attached Image (click to enlarge)
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  • #329
  • May 11, 2020 1:20am May 11, 2020 1:20am
Quoting bfx17
{quote} No, it didn't. This is the date of the article...the cases are 12,13 years old (next time you could actually read the article before answering). At that time they used the chatrooms in order to collude on prices, levels, volumes etc. But a lot of the time has passed since then and the artificial intelligence evolved incredible. So why don't you think that they are using the AI these days for manipulation purposes? The detection risk is way, way lower than chatrooms or other means of communication, plus that the AI can harmonize/sync the...
I accept the error you pointed out.

Still, topic of discussion remains.
I have nothing further to add.

Pooh and other thread participants have not stated their position unambiguously.

Single algo manipulation.
Know what you trade
  • #330
  • May 11, 2020 2:20am May 11, 2020 2:20am
AUDUSD.
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  • #331
  • May 11, 2020 2:33am May 11, 2020 2:33am
Quoting pooh123
AUDUSD. {image}
No different to my chart of EURNZD..same psychology at work. Every pair every time frame.
Target taken out, trap set taking out both Longs and Shorts.. then the reversal.
Finish with a new target set for future.....use..
  • #332
  • May 11, 2020 8:40am May 11, 2020 8:40am
Quoting bluesteele
REAL OR ALGO ? PRECISION OR COINCIDENCE ? {image}{image}
Looking at your chart, the areas you've marked are places where price shot away and left a "liquidity gap" which tends to attract price back.

As I see it there's 2 ways to trade these (let's just stick with the big up move scenario) -
1) a nice fake support can form after the pump which is later taken out to fill stops and close the gap...the main problem is pinpointing where it will sell south from.
2) After the gap fills there is a high probability of a bounce buy trade. Even if the very bottom of the buy price is taken out..price tends to rebound north (maybe through necessity to fill orders?) before making a further decision on selling/buying..so a 2nd add on buy normally gets u out the trade with no damage if the price level breaks.

So, in your chart I see a trade to buy from point A to point B..but point C would have me wondering about cutting the trade (although in hindsight it is a lovely dip below fake support which doesn't actually break the previous low).

Would u care to throw me any more scraps to work on? I can't quite see yet from that chart why it must all controlled by one algo.

Thanks
DM

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  • #333
  • May 11, 2020 3:48pm May 11, 2020 3:48pm
First two targets hit, one remains...

Will they, yes, when...who know's..imagine a one arm paper hanger attempting to put up several sheets at once...then think...
........where in the cycle are we on the other time frames!!

How can banks be so organised as too create the same moves on each pair, on each time frame...the same moves are played out continuously.
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  • #334
  • May 12, 2020 2:50am May 12, 2020 2:50am
Thank you moodybot for creating this very interesting topic that hooks on George's teachings.

I have been reading for about 2 weeks and I have almost finished reading all that is possible for me about this philosophy that I am beginning to fully embrace.
Nothing is more like it was for me now that I have opened my eyes.

This morning I made about 20 pips on the GU and I'm here to find out if I'm doing the right thing or if I could avoid those 8 pips of continuation. If yes, how?
Could you give me some input to be able to reason?

Thanks

Francesco

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  • #335
  • May 12, 2020 3:25am May 12, 2020 3:25am
Quoting FrancescoDTM
Thank you moodybot for creating this very interesting topic that hooks on George's teachings. I have been reading for about 2 weeks and I have almost finished reading all that is possible for me about this philosophy that I am beginning to fully embrace. Nothing is more like it was for me now that I have opened my eyes. This morning I made about 20 pips on the GU and I'm here to find out if I'm doing the right thing or if I could avoid those 8 pips of continuation. If yes, how? Could you give me some input to be able to reason? Thanks Francesco...
Francesco, do not let anyone make the interpretation for you. In hindsight it’s easy.

If you have made 20 pips on GU, I would suggest you study the trade, assess why it worked and could you repeat the analysis and trade similar.

Read Georges thread and only read Georges posts, I cannot emphasise enough how important the psychology is.

M.
  • #336
  • May 12, 2020 11:36am May 12, 2020 11:36am
Quoting moodybot
First two targets hit, one remains... Will they, yes, when...who know's..imagine a one arm paper hanger attempting to put up several sheets at once...then think... ........where in the cycle are we on the other time frames!! How can banks be so organised as too create the same moves on each pair, on each time frame...the same moves are played out continuously. {image}
Hi Moodybot

Is there any particular reason you omitted below marked levels ?

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  • #337
  • May 12, 2020 4:07pm May 12, 2020 4:07pm
Quoting Zyon
{quote} Hi Moodybot Is there any particular reason you omitted below marked levels ? {image}

It will get there eventually, might go down to a previous low target first, so when pips are on the table...bank them. Then move on.
The target you have highlighted will come in to play, but we have to be patient.
With 28 standard pairs, there is always something to be watching...

Perhaps GU may play out, just remember, this is trading anything can and will happen.
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  • #338
  • May 12, 2020 8:16pm May 12, 2020 8:16pm
Targets reached...

Move on.
Attached Image (click to enlarge)
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  • #339
  • May 12, 2020 9:01pm May 12, 2020 9:01pm
Today I had the privilege to be on skype LIVE with Andy and George and this happened:

After the RBNZ announcement, the price shoot up close to the targets. It waited for a little to entice traders in.

George made us draw the red thick line on the chart and the rest is history for everybody to see.

I am still mesmerised for what I have seen an hour ago.

Keep going!

Cheers

Diego

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  • #340
  • May 12, 2020 9:48pm May 12, 2020 9:48pm
Quoting Nikt
Today I had the privilege to be on skype LIVE with Andy and George and this happened: After the RBNZ announcement, the price shoot up close to the targets. It waited for a little to entice traders in. George made us draw the red thick line on the chart and the rest is history for everybody to see. I am still mesmerised for what I have seen an hour ago. Keep going! Cheers Diego {image}

Howdy Diego ,,
hahahahahaha
That was my first point for a retaracement ,, stopped exactly to the tick and went on to deliver 20 quick pips ,,,
That did NOT mean that will be the top ,,
Just a hesitation point ,, which often on the GJ would be a turning point ,,
I personally do NOT trade the GN ,,, so ,,, I AM NOT INTIMATE WITH ITS PERSONALITY AS YET ,, BUT ,,
I DO TRACK IT ON A GENERAL LEVEL ,,,, FOR FUTURE TRADING ! ! !
Of course there are targets above ,, and there are many stop loss pools above ,, which sadly ,,
WE DO NOT GET THAT PRIVILEGE FROM BROKERS TO KNOW WHERE THEY ARE IN THE OPEN MARKET ,,, WHICH ,, THE MARKET MAKER HAS THAT PRIVILEGE ! ! !
As we saw the market DID GO HIGHER to the next TARGET ,,,
So far at the time of this writing ,,,
WHERE DID IT STOP ????
THE MOMENTUM FACTOR COMES INTO PLAY NOW ! ! !
A quick look at a 15 mnt chart will tell the story ,,,,
It shall be interesting from here ,,,

Cheers,
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
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