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Real or Algo

  • #1,401
  • Mar 18, 2021 10:38am Mar 18, 2021 10:38am
Moodybot - was banning GEfx necessary? I don't think it was, he had a valid point.
  • #1,402
  • Mar 18, 2021 10:42am Mar 18, 2021 10:42am
Quoting almo
Moodybot - was banning GEfx necessary? I don't think it was, he had a valid point.
exactly...he was bringing good points...
you can agree or not with something, but i like to read all the points of view...
and he surely had one
  • #1,403
  • Mar 18, 2021 10:46am Mar 18, 2021 10:46am
Quoting BWilliam
{quote} Question - "where does the edge sit on the chart?" When I woke up to read this tangible shit I give up. Better not disturb the bshit party.

lol Skyway's back.....is it Crimbo already ?? Better get the turkey ordered
33hrs away from FF tho...not bad

Attached Image (click to enlarge)
Click to Enlarge Name: BW crimbo.png Size: 20 KB
  • #1,404
  • Mar 18, 2021 10:49am Mar 18, 2021 10:49am
I made couple of posts against BW views, but realised it was rude esp his age then deleted.
EGO gets the best out of everyone here its not the real or algo.
on a postive roll...
  • #1,405
  • Mar 18, 2021 11:32am Mar 18, 2021 11:32am
Quoting Danger-Mouse
{quote} lol Skyway's back.....is it Crimbo already ?? Better get the turkey ordered 33hrs away from FF tho...not bad {image}
Attached Image
It never gets easier, you just get better
  • #1,406
  • Mar 18, 2021 11:49am Mar 18, 2021 11:49am
Quoting BWilliam
{quote} Unacceptable..... give you(a masters degree holder) a headache...... give tangible information. Here is the first tangible information that give so many members a headache. How to give more? TA and FA is useless garbage. {image}
Stop polluting the thread and post something useful, at least try to be funny if you can.

I gave you TA and more levels than you can eat and you still refute this, you have posted nothing of value and continue this diatribe.

https://www.forexfactory.com/thread/...1#post13451091
It never gets easier, you just get better
  • #1,407
  • Mar 18, 2021 12:24pm Mar 18, 2021 12:24pm
Quoting moodybot
{quote} Why persuade...I'm not, I'm trying to look at how rather than why. Perfectly coded Algo designed to entice traders to make the wrong decision ..I would say they were relatively successful.. again others will explain money creates the moves along with news... and that's fine. I just think it's too well controlled.
That's the art of trading in any line of business. There are Buyers, then there are sellers. They will each try to outdo the other to get a "fair price" for their bottom line - profit. That's why you have Bid & Ask.

When the Bids or Asks dry up the price moves to the next level. I thought everyone knew that.

No mystery to anyone who has run a business, happens everyday & all day.

Yes Algos have taken away the face to face and the phone calls to the broker but the programming is still done by humans.
If Humans can work together then why not algos ? between different brokers, banks & LP's running so smooth into milliseconds, to the human eye
a blur, appearing as one Algo.

Inserted Video

To the uninitiated it will feel like, the algo is out to get you, create false breakouts, revrse on a dime. etc. etc.

What is the point of this thread - Really ?
It never gets easier, you just get better
  • #1,408
  • Mar 18, 2021 12:49pm Mar 18, 2021 12:49pm
Quoting Shabs19
{quote} That's the art of trading in any line of business. There are Buyers, then there are sellers. They will each try to outdo the other to get a "fair price" for their bottom line - profit. That's why you have Bid & Ask. When the Bids or Asks dry up the price moves to the next level. I thought everyone knew that. No mystery to anyone who has run a business, happens everyday & all day. Yes Algos have taken away the face to face and the phone calls to the broker but the programming is still done by humans. If Humans can work together then why not...
Hi Shabs,

Few days ago i asked how is it possible that after a severe drop in eurcad, the price suddenly stopped and stayed in a range of 12 pips for almost 7 hours. And it was during the active trading hours, not before and during Asia.

No one answered. So let me generalise the question: how is it possible that the price stays confined in a small range for hours and hours only "stinging" the upper and lower levels. Who is buying and who is selling in that range and at the boundries of that range? And how is it so precise?

I know, there are more than 1 question, but i'd like to know your pov. Also, gfx's pov (maybe Andy will unignore him)

Cheers,
B
On ignore list of scammers, deceivers and low IQ individuals. Exclusively
  • #1,409
  • Mar 18, 2021 12:57pm Mar 18, 2021 12:57pm
Quoting BWilliam
{quote} Unacceptable..... give you(a Master's degree holder) a headache...... give tangible information. Here is the first tangible information that give so many members a headache. How to give more? TA and FA is useless garbage. {image}
Please carry on with the good work just the way you are doing. One can choose to be a high school student or sit down and deal with his/her EGO. You are certainly changing lives of some who are willing to LISTEN.

You are more like George as he said on post #1 of his main thread...

"This thread could well be ,,,, one of the most ,,, CONTROVERSIAL threads on FF ,,,, Because it is AGAINST all known LOGICS and RULES that are taught out there by many IGNORANT and UN informed Educators ."
~ George_AUS

So don't let those who are experienced to the ways of FF to distract you.
  • #1,410
  • Edited 3:46pm Mar 18, 2021 1:08pm | Edited 3:46pm
Quoting bfx17
{quote} Hi Shabs, Few days ago i asked how is it possible that after a severe drop in eurcad, the price suddenly stopped and stayed in a range of 12 pips for almost 7 hours. And it was during the active trading hours, not before and during Asia. No one answered.
Post the chart please, date & time. Don't remember your post. I did miss quite a few, admit not read all of them.

You know how it is, the noisiest person in the room get s all the attention. ( Like the one above - Don't you know Capital letters is shouting ?)
Can't even express yourself, so you have to Shout ?

I will try my best to reply to you.
It never gets easier, you just get better
  • #1,411
  • Edited 4:38pm Mar 18, 2021 2:39pm | Edited 4:38pm
Quoting bfx17
{quote}
So let me generalise the question: how is it possible that the price stays confined in a small range for hours and hours only "stinging" the upper and lower levels.

Who is buying and who is selling in that range and at the boundries of that range?

And how is it so precise? I know, there are more than 1 question, but i'd like to know your pov. Also, gfx's pov (maybe Andy will unignore him) Cheers, B

Great question bfx17

In fact this was THE question I would ask myself when I think of a "real NON-Forex" supply & demand auction market.

It is maybe a tad tricky for the whole responsibility of that answer be for Shabs, and Shabs has remained true to giving excellent 'chart' explanations for his market view.

But yes, WHO indeed

So it was a great read for me this morning to find RickM put forward his view, and for swd to respond to its similarity in his thoughts.

It's in the last four pages I reckon for any who wish to refresh themselves as to what was put forward for all to just consider.

This a start, because else we are left with the single concept that trading Forex is in a S&D Auction Market.

-------------
yep in the last 4 pages lol

EDIT: found them

https://www.forexfactory.com/thread/...3#post13457403

https://www.forexfactory.com/thread/...4#post13457944

https://www.forexfactory.com/thread/...1#post13458361
  • #1,412
  • Mar 18, 2021 2:42pm Mar 18, 2021 2:42pm
Quoting GEfx
{quote} I can't decide if this thread has become comical or simply sad. You are asking this question again with all the charts? REALLY? We've been over this, yet it still seems to amaze and/or confound you? Also, has to subject matter now changed? Is the new, evolved title of this thread "Random or Algo"? Is the new notion that if the single algo is BS, then the market is random (which, I assume, is your version of real?)? Isn't this just a typical list of crap that helps explain a retail traders losses and failures? "It's not me, it's the (algo,...

As I mentioned on numerous occasions, keep it civil, not personal.
I have zero interest in blocking you or anyone else.
You brought a great deal of interest, common sense to the thread.
As does Pete, (TimeTells) who always sees the other side to the story who has asked me to allow you to post.
So I'll unblock you, your decision if you want to participate in this thread.
  • #1,413
  • Edited 3:17pm Mar 18, 2021 3:02pm | Edited 3:17pm
Quoting Shabs19
{quote} Post the chart please, date & time. Don't remember your post. I did miss quite a few, admit not raed all of them. You know how it is, the noisiest person in the room get s all the attention. ( Like the one above - Don't you know Capital letters is shouting ?) Can't express your express yourself, so you have to Shout ? I will try my best to reply to you.
Thanks Shabs for your prompt reply. I am writing from my phone and I cannot post that chart. That's why I generalised/expanded the question(s). It doesnt matter the chart in the end. I am refering to any small range of 10, 20, 30 pips. In any period of time.

But if needed that I will post it first thing in the morning, Romanian time.

Cheers again,
B
On ignore list of scammers, deceivers and low IQ individuals. Exclusively
  • #1,414
  • Mar 18, 2021 3:04pm Mar 18, 2021 3:04pm
Quoting moodybot
{quote} As I mentioned on numerous occasions, keep it civil, not personal. I have zero interest in blocking you or anyone else. You brought a great deal of interest, common sense to the thread. As does Pete, (TimeTells) who always sees the other side to the story who has asked me to allow you to post. So I'll unblock you, your decision if you want to participate in this thread.
Great Andy. You are a gentleman.
On ignore list of scammers, deceivers and low IQ individuals. Exclusively
  • #1,415
  • Mar 18, 2021 3:13pm Mar 18, 2021 3:13pm
And also THE question BW has asked here on Andy’s thread was


Is ‘what’ we are all trading in fx actually


A real Supply & Demand Auction Market.
  • #1,416
  • Mar 18, 2021 3:16pm Mar 18, 2021 3:16pm
Quoting TimeTells
{quote} Great question bfx17 In fact this was THE question I would ask myself when I think of a "real NON-Forex" supply & demand auction market. It is maybe a tad tricky for the whole responsibility of that answer be for Shabs, and Shabs has remained true to giving excellent 'chart' explanations for his market view. But yes, WHO indeed So it was a great read for me this morning to see RickM put forward his view, and for swd to respond to its similarity in his thoughts. It's in the last four pages I reckon for any who wish to refresh themselves as...
Thanks Pete,

I expanded these questions to anyone who could provide a logical explanation.

Because for me this is an obvious evidence that the big boys act in a coordinated manner. They were doing it like for ever, but they were using different method/tools as the technology evolved. I mentioned already the Bloomberg chat rooms. These days, I am sure they use a centralised tool (an algo) in which they pour/submit their orders. This is how they control the price and dont mess with each other. That's my view.

Of course I am curious to see the opinions of the "real" team. Maybe there is another explanation.

So lets wait and see.

Cheers,
Bogdan
On ignore list of scammers, deceivers and low IQ individuals. Exclusively
  • #1,417
  • Mar 18, 2021 3:19pm Mar 18, 2021 3:19pm
A real Supply & Demand Auction Market.


For example


I grow bananas to sell and feed my family.

To grow a banana costs me x amount of dollars.

I have to pay staff for tending the bananas, watering, harvesting, transporting them to market.

At market, I put a price on my bananas.

I know what it costs me to get the bananas to market.

So I add a mark-up to cover the cost and provide me an income and to start next years crop.


Buyer A comes in, looks at my bananas, likes what they see and pays me my price.

Two other scanarios.

Buyers see my bananas but think the price is too high so they don’t buy. I reduce the cost of a banana to ‘find’ what price buyers ‘would’ pay for my product.

Next scenario, everyone wants my bananas and they are depleting quickly and I raise the price with all bananas selling and I make a bigger profit than expected.


Can this really happen all the time in FX.

Think currency pairs. A currency pair is a collective of the current value of TWO currencies used in international trade between large corporations, two countries.

How could a pairs price go to infinity if ALL and only ‘buyers’ wanted to purchase that pair.


Someone would have to be selling, which is what I liked about RicKM’s and swd's concept.

That ‘someone’ has to have enough liquidity to cover the other side of ALL traders wishing to trade in the opposite direction at that moment (assuming there is NO immediate trader wishing to take the opposite side). A one MM, a one coordinator (a one algo for want of a better word) could facilitate this gap.


So should we consider that FX is a real S&D Auction Market all the time.
  • #1,418
  • Mar 18, 2021 3:21pm Mar 18, 2021 3:21pm
And this was all that BW was also suggesting, I imagine, when he posed the above question about an S&D Auction Market, AFTER Andy started this thread.

(And a bit unfair maybe, imho, to expect BW to just expose & give over his life’s work on his maths methodology on an open forum here, but just my opinion. I read it only as BW just asking that other traders consider the possibility and do the hard work to find it themselves - he said it CAN be found, for those who search).
  • #1,419
  • Mar 18, 2021 3:23pm Mar 18, 2021 3:23pm
Quoting TimeTells
A real Supply & Demand Auction Market. For example I grow bananas to sell and feed my family. To grow a banana costs me x amount of dollars. I have to pay staff for tending the bananas, watering, harvesting, transporting them to market. At market, I put a price on my bananas. I know what it costs me to get the bananas to market. So I add a mark-up to cover the cost and provide me an income and to start next years crop. Buyer A comes in, looks at my bananas, likes what they see and pays me my price. Two other scanarios. Buyers see my bananas but...
Why did you mention bananas? You will get BW started...lol
On ignore list of scammers, deceivers and low IQ individuals. Exclusively
  • #1,420
  • Mar 18, 2021 3:28pm Mar 18, 2021 3:28pm
Quoting TimeTells
A real Supply & Demand Auction Market. For example I grow bananas to sell and feed my family. To grow a banana costs me x amount of dollars. I have to pay staff for tending the bananas, watering, harvesting, transporting them to market. At market, I put a price on my bananas. I know what it costs me to get the bananas to market. So I add a mark-up to cover the cost and provide me an income and to start next years crop. Buyer A comes in, looks at my bananas, likes what they see and pays me my price. Two other scanarios. Buyers see my bananas but...
Great point Pete. I thought about it myself.

This is happening now on bitcoin. Everyone buy and buy. Theybsay it will reach 100k, even 200k. So who is selling?

Cheers,
B
On ignore list of scammers, deceivers and low IQ individuals. Exclusively
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