DislikedThat EURUSD chart..see if you can get something out of this or if not.. You guys need to learn to see what buyers and sellers doing with out just looking at candle pattens and Moving averages and even Strat Shadow. they are there just as an confirmation tool . With out reading what the buyers and sellers doing then you are missing valuable info. Try to see what the buyes and sellers doing. I think this is what Strat has been trying to teach. (may be he can correct if I am wrong) {image} 1. Buyers failed 2.Buyers failed again 3. Retest the level...Ignored
There are many videos on UTube describing how Big Banks manipulate the FX market. Some videos even show that there is actually a somewhat predictable pattern. Some give methods on how to follow these footsteps . Personally I think the 4hr chart shows these manipulations quite well. The screenshot is from one of those videos.
On the 4hr chart a pattern of alternating red and green candles 6 give or take a few, that stay in a tight range is an indication of Big Banks accumulating orders to start a move (you refer to this in your commentary ).
I hope this post starts some discussion on the topic.
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