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21st Century Market Wizards

  • #61
  • Jun 21, 2020 10:42am Jun 21, 2020 10:42am
For the sake of comparison, let us first examine a market that most folks are probably very familiar with: the stock market.
This is how the structure of the stock market looks like:
https://bpcdn.co/images/2016/05/pre-...-thumbnail.png

By its very nature, the stock market tends to be very monopolistic. There is only one entity, one specialist that controls prices.

All trades must go through this specialist. Because of this, prices can easily be altered to benefit the specialist and not traders.

How does this happen?
In the stock market, the specialist is forced to fulfill the order of its clients. Now, let’s say the number of sellers suddenly exceeds the number of buyers.
The specialist, which is forced to fulfill the order of its clients, the sellers, in this case, is left with a bunch of stock that he cannot sell-off to the buyer side.

In order to prevent this from happening, the specialist will simply widen the spread or increase the transaction cost to prevent sellers from entering the market.

In other words, the specialists can manipulate the quotes it is offering to accommodate its needs.


Trading Spot FX is Decentralized


Unlike in trading stocks or futures, you don’t need to go through a centralized exchange like the New York Stock Exchange with just one price.
In the forex market, there is no single price that for a given currency at any time, which means quotes from different currency dealers vary.


https://bpcdn.co/images/2016/05/pre-...zed-market.png
  • #62
  • Jun 28, 2020 8:28am Jun 28, 2020 8:28am
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Can the price reach this area?

Why can the price reach this area?


What if the price reaches this area ?! What could be the next best price move? And why?
  • #63
  • Jun 28, 2020 5:46pm Jun 28, 2020 5:46pm
Quoting BigBangs21
{image} Can the price reach this area? Why can the price reach this area? What if the price reaches this area ?! What could be the next best price move? And why?
Yes, because for some time the price has been moving down (or in downward trend, if someone prefers this "name") which increases the chance of continuing this direction. In my opinion, the next move if we reach this area may be a reaction to this zone in the form of an upward move because previously a strong growth impulse started from around this area. This may be a good demand zone.

PS: Of course this is just my opinion and I may be wrong. Please, don't take this as "advice" for your own trading. (I mean beginner traders who read this thread)
Fear is the mind-killer.
  • #64
  • Jun 29, 2020 10:18am Jun 29, 2020 10:18am
Quoting MrJoker
{quote} Yes, because for some time the price has been moving down (or in downward trend, if someone prefers this "name") which increases the chance of continuing this direction. In my opinion, the next move if we reach this area may be a reaction to this zone in the form of an upward move because previously a strong growth impulse started from around this area. This may be a good demand zone. PS: Of course this is just my opinion and I may be wrong. Please, don't take this as "advice" for your own trading. (I mean beginner traders who read...



Hello .
In the world, everything can be right and everything can be wrong!
The important thing is that we always strive to achieve a good life.
All concepts in the market are correct, but first of all we must understand the market correctly!
Understanding the market means everything !!
  • #65
  • Jun 30, 2020 7:28pm Jun 30, 2020 7:28pm
Apologies if mine's an unwanted noisy input. I don't understand the price and market dynamics well, so this reply is just a guess.

It could reach the target area, but it would have to surpass a number of difficult levels before that. It could be stopped at the bottom of the channel, at the historical S/R levels, about 1.2239, and then bounce back.

Also, there have been three clear downward pushes already, so we might need to wait for a while before the next target becomes clear.

This is an interesting thread, cheers for your effort guys!
  • #66
  • Jul 1, 2020 2:18am Jul 1, 2020 2:18am
Quoting wananohoshi
Apologies if mine's an unwanted noisy input. I don't understand the price and market dynamics well, so this reply is just a guess. It could reach the target area, but it would have to surpass a number of difficult levels before that. It could be stopped at the bottom of the channel, at the historical S/R levels, about 1.2239, and then bounce back. Also, there have been three clear downward pushes already, so we might need to wait for a while before the next target becomes clear. This is an interesting thread, cheers for your effort guys!





Hello . Good time

The price is never static and is always dynamic! Instead of long-term expectations, we should always be friends with the price and draw a roadmap for all its movements
  • #67
  • Jul 1, 2020 2:50am Jul 1, 2020 2:50am
Quoting wananohoshi
Apologies if mine's an unwanted noisy input. I don't understand the price and market dynamics well, so this reply is just a guess. It could reach the target area, but it would have to surpass a number of difficult levels before that. It could be stopped at the bottom of the channel, at the historical S/R levels, about 1.2239, and then bounce back. Also, there have been three clear downward pushes already, so we might need to wait for a while before the next target becomes clear. This is an interesting thread, cheers for your effort guys!
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Price cycles based on negative and positive energy !!

Price is always shifting at different times between negative and positive energy. And that shifts the energy of the entire price chart. And downward and upward trends are formed ?!
  • #68
  • Jul 1, 2020 10:32am Jul 1, 2020 10:32am
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Price always creates a price balance !!

When the price equilibrium is broken ?!


A new trend can be formed !! This is a universal principle in financial markets! By understanding this, you will dominate the financial markets !!!

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  • #69
  • Jul 3, 2020 2:37am Jul 3, 2020 2:37am
GBPUSD M5 sell short
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  • #70
  • Jul 3, 2020 10:41am Jul 3, 2020 10:41am
Quoting quantom238
GBPUSD M5 sell short {image}
Mr. Mohammad, you are a careful and orderly trader. Well done) Some other explanations !!

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If we understand the balance in the market, it will be easier and more accurate for us to analyze ?!
All movements should be examined and their reasons should be determined ?! And it was always with the price
  • #71
  • Jul 6, 2020 11:40am Jul 6, 2020 11:40am
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  • #72
  • Jul 6, 2020 11:42am Jul 6, 2020 11:42am
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  • #73
  • Jul 7, 2020 1:26am Jul 7, 2020 1:26am
Quoting BigBangs21
{image}


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))))))))))))


What does the market do?


The market acts like a frequency and always likes to return to its original path !!!!! And the market always works right ?!
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  • #74
  • Jul 7, 2020 3:01am Jul 7, 2020 3:01am
Quoting BigBangs21
{quote} {image} )))))))))))) What does the market do? The market acts like a frequency and always likes to return to its original path !!!!! And the market always works right ?! {image}




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Price will always be rewarding if you understand the price
  • #75
  • Jul 9, 2020 2:22am Jul 9, 2020 2:22am
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Price always plays with us. To succeed in the market, we must play well.
Sometimes it gives several alerts to enter the sale while the price goes back and goes up. You always have to be vigilant and try to keep up with the price. You need a map for quick price changes. We always have to wait for surprises
  • #76
  • Jul 13, 2020 12:53am Jul 13, 2020 12:53am
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  • #77
  • Jul 13, 2020 5:01am Jul 13, 2020 5:01am
Quoting BigBangs21
{image}
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  • #78
  • Jul 14, 2020 1:28am Jul 14, 2020 1:28am
Quoting bigbangs21
{quote} {image} {image}

tp 1 tp 2


sell 1 sell 2
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  • #79
  • Jul 14, 2020 3:56am Jul 14, 2020 3:56am
Quoting BigBangs21
{quote} tp 1 tp 2 sell 1 sell 2 {image}
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  • #80
  • Jul 16, 2020 1:49am Jul 16, 2020 1:49am
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Can be from within a good analysis! Took several profitable positions ?!
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