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Shark behavior

  • #1
  • First Post: Feb 3, 2021 10:02am Feb 3, 2021 10:02am
The session opens, a large bullish candle signals the price to rise. This candle attracts many traders to buy above its high with a buy stop order, buy at its Fibo levels with a buy limit order, buy when a new candle is formed.
The shark starts selling to the buyers, the price goes down, goes down very quickly because of the shark's sell orders and the stop loss of buy orders. A big bearish candle wiped out all hope of a bull run.
  • #2
  • Feb 4, 2021 2:31am Feb 4, 2021 2:31am
Why did the price repeatedly refuse resistance and support? Some of the following reasons are possible:
+ At resistance, there are many buy stop orders, these can be stop loss orders of traders sell orders, these will be the liquidity for take profit orders for the buy orders of the sharks.
+ At resistance, there are not many orders for the shark to move the price to break resistance. They need more sell orders to do this. So the price can either stop at resistance if there is no liquidity, or move down if there are buy orders that pave the way for their downward move in order to attract sellers.
  • #3
  • Feb 8, 2021 11:04am Feb 8, 2021 11:04am
you are absolutely right. The banks or big guys see where the orders are laying and take all of them to have enough liquidity to push prices up or down. I am trying to learn more about the patterns that the banks go through. Forex is not random... its very complex and hard to accurately know where the prices will go but its not random.
  • #4
  • Feb 24, 2021 10:41am Feb 24, 2021 10:41am
Shark
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  • #5
  • Feb 24, 2021 10:54am Feb 24, 2021 10:54am
Inserted Video
Markets will move to the right.
  • #6
  • Feb 24, 2021 8:43pm Feb 24, 2021 8:43pm
Quoting FraterRedox
https://www.youtube.com/watch?v=XqZsoesa55w
Funny song
  • #7
  • Mar 20, 2021 10:41pm Mar 20, 2021 10:41pm
I spent a lot of my time studying charts and price action at SRs across multiple timeframes. And I found that many people just want to wait for spoon feeding. More than that, those who only know their individual egos.
My suggestion for those who really want to learn about trading is go from large timeframes to small ones, watch price action at SRs of larger timeframe and pay special attention to consolidation zones. "Close" of candle on higher timeframes is always important.
  • #8
  • Mar 21, 2021 12:14am Mar 21, 2021 12:14am
Quoting sangnt0904
The session opens, a large bullish candle signals the price to rise. This candle attracts many traders to buy above its high with a buy stop order, buy at its Fibo levels with a buy limit order, buy when a new candle is formed. The shark starts selling to the buyers, the price goes down, goes down very quickly because of the shark's sell orders and the stop loss of buy orders. A big bearish candle wiped out all hope of a bull run.
Hi Sangnt0904

The large bullish candle is breakout traders entering the market with the bankers selling to them as you described. But their trick later is to exhaust all Sellers near the top by Buying themselves to remove every seller on the books at that level. Now what's left is only Buyers and Zero Sellers.
So the big player now Sells hard with huge orders becoming the sole seller of any large size on the order books.
They therefore control the Bearish drop of the market and normally try to make their money before the Breakout traders enter again.

If you study Volume and delta, you would have seen that happen a few times on GBPUSD on Friday.

Cheers
Trading thin liquidity at the boundary of the charts
  • #9
  • Last Post: Mar 21, 2021 11:38pm Mar 21, 2021 11:38pm
Quoting RickM
{quote} Hi Sangnt0904 The large bullish candle is breakout traders entering the market with the bankers selling to them as you described. But their trick later is to exhaust all Sellers near the top by Buying themselves to remove every seller on the books at that level. Now what's left is only Buyers and Zero Sellers. So the big player now Sells hard with huge orders becoming the sole seller of any large size on the order books. They therefore control the Bearish drop of the market and normally try to make their money before the Breakout traders...
Thank you for your information.
I finished my course at FF.
I think if people work hard and watch the price action hard at all levels then they will realize that they need the patience to wait for a good setup to follow the trend in order to achieve good results.
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