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Flying Dutchman

  • #141
  • Jul 22, 2021 5:28pm Jul 22, 2021 5:28pm
Quoting moodybot
{quote} Nope. But I bet a currency was manipulated to move based on her opening her mouth.




Hi Andy,

I rang her an hour before it, and all she said to me was, "Pete, business as usual"


Quoting TimeTells
{quote} For example in the EU chart above I also have a target (below price) in what I choose to believe is the ALGO REPEATING, and that price is 1.17650.


.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1 christine.png Size: 28 KB
  • #142
  • Jul 22, 2021 5:40pm Jul 22, 2021 5:40pm
Quoting TimeTells
{quote} Hi Andy, I rang her an hour before it, and all she said to me was, "Pete, business as usual" {quote} . {image}

Lol

Yep, Christine caused that target to be hit.
  • #143
  • Jul 22, 2021 7:45pm Jul 22, 2021 7:45pm
Quoting moodybot
{quote} Lol Yep, Christine caused that target to be hit.
One thing certain is nobody is doing the supplying and demanding at both top bottom targets. It's simply the work of the master algo that move price at its whims. This is the reason why I wrote TA and FA is useless.
Know what you trade
  • #144
  • Jul 22, 2021 9:45pm Jul 22, 2021 9:45pm
Quoting BWilliam
{quote} One thing certain is nobody is doing the supplying and demanding at both top bottom targets. It's simply the work of the master algo that move price at its whims. This is the reason why I wrote TA and FA is useless.
Agreed.
  • #145
  • Jul 23, 2021 7:58am Jul 23, 2021 7:58am
An article that mentions how Central Banks use an algo to move prices at its whim,
How Central Banks Impact the Forex Market (dailyfx.com)
  • #146
  • Jul 23, 2021 8:46am Jul 23, 2021 8:46am
Quoting GEfx
An article that mentions how Central Banks use an algo to move prices at its whim, How Central Banks Impact the Forex Market (dailyfx.com)
Thanks for the link.
Hopefully someone will find it useful.
  • #147
  • Jul 23, 2021 9:09am Jul 23, 2021 9:09am
Quoting moodybot
{quote} Thanks for the link. Hopefully someone will find it useful.
Definitely going to use this link, thanks
  • #148
  • Edited 9:41am Jul 23, 2021 9:17am | Edited 9:41am
Dear All,

because no one explain to me :
We need patience and must wait for confirmation before entry ? WHY ?
is Patience really Virtue ... WHY ?
and Jesse Livermore said that money is made when we are sit tight ? WHY ?
Trading is waiting game ? WHY ?

and ...

we must embrace randomness ! WHY ?
this is game of the game of INCOMPLETE INFORMATION. How ?
and trader must understand the probability thinking. WHY ?
and trader MUST ADAPT ? WHY ?

So many WHY in all over my hair !

And George tell the truth simple and ellegant.

THE DEEPEST CONNECTION and THE HIDDEN REALITY AT FINANCIAL WORLD DEEPEST BUTT
that ....


FINANCIAL MARKET IS NOT FREE MARKET AT ALL

WOW ... MY ENGLISH IS ENTERING PRESSURE ZONE
I MUST GET OUT
THERE'S MAN IN BLACK
BEN BERNAKE HELICOPTER IS COMING

7 traders viewing now, 2 are members:
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Invisible

Master Trader said it best : BE THE PIG WITH VISION, and NEVER TRADE WHAT YOU SEE because PRICE IS NEVER RIGHT
  • #149
  • Edited 5:03pm Jul 27, 2021 4:46pm | Edited 5:03pm
Quoting BWilliam
{quote} One thing certain is nobody is doing the supplying and demanding at both top bottom targets. It's simply the work of the master algo that move price at its whims. This is the reason why I wrote TA and FA is useless.

Hi BW, you have stuck to your guns all the way.



That was one of the reasons I spent three months having a look at the repeating principles in the market.


From my post on EU some 8 days ago.

We are right back to where we started.

Not to the pipette but close enough for me say ... interesting.

cheers BW



Quoting TimeTells
{quote} Hi BW, The EURUSD (algo blue line) repeating target in my post above 1.17650 got reached yesterday. Friday price was held in a range-bound whipsaw pattern. Then yesterday morning in Asia price tightened again into an inflection area before its breakout low in London. After then sitting at that 1.17650 target line, for four hours, price then retraced back to george's target. . {image}

.
Attached Image
  • #150
  • Edited 8:52pm Jul 29, 2021 5:52pm | Edited 8:52pm
I started a post sequence on the 9th July, 21 days ago.

Back here

Quoting TimeTells
So I no longer ponder so much in the who or what is driving the forex market.

My interest is the market repeats a “behaviour”.

And when price moves ‘out’ of that intermediate range I choose to believe it is going somewhere.

How AND WHEN (and why) to trade then, though, is always up to each individual.



Just for my interest. To see how it played out.


I had no firm preconception on which way the market would run directionally.

Or how the intraday price movements would play out.

Or where price would end up (ie to the pip or 10 pips away).


Or even whether this repeating price behaviour would occur “again” during this cycle.
  • #151
  • Jul 29, 2021 5:54pm Jul 29, 2021 5:54pm
Quoting TimeTells
{image}

21 days ago
.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1 choose your targets.png Size: 40 KB
  • #152
  • Edited 11:21pm Jul 29, 2021 5:59pm | Edited 11:21pm
Quoting TimeTells
Is this supposed algo - (and this is RHETORICAL ONLY so I don’t discuss this openly anymore from a standpoint point of view)

- Is this (algo), a

-singlularity
-group or cabal (AND then, are these groups disparate or not)
-the sum total of all buyers and sellers that make up the daily operations of the forex market (ie an accurate auction market)

So I dropped this consideration of what this is.

I have determined, for ME, that it doesn’t matter so much. To me.

A 21 day cycle of interest (for me, lol) finished this morning, at market rollover, and is now over.

(edit: well there is another one higher at 1.19360, the same as there are other ones lower as before )

.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1 cycle completed.png Size: 36 KB
  • #153
  • Jul 29, 2021 6:08pm Jul 29, 2021 6:08pm
Quoting TimeTells
{quote} A 21 day cycle of interest (for me, lol) finished this morning, at market rollover, and is now over. . {image}
To many ‘coincidences’ to be a non controlled entity Pete. If it’s truly supply and demand then it’s quite remarkable how the market set just the right balance to set and return back to points of interest.
Of course it could just be an Algo but why let Occams Razor get in the way of a great scam!
  • #154
  • Jul 29, 2021 6:17pm Jul 29, 2021 6:17pm
Quoting moodybot
{quote}
To many ‘coincidences’ to be a non controlled entity Pete.
If it’s truly supply and demand then it’s quite remarkable how the market set just the right balance to set and return back to points of interest.
Of course it could just be an Algo but why let Occams Razor get in the way of a great scam!

Hi Andy,

cheers mate

Millions of traders daily using technical, fundamental and whatever analysis.

Businesses doing international trade, banks, hedge funds, institutions AND retail all postulating on whether price will go EITHER up or down.

Trillions of dollars DAILY.


These coincidences maybe, are themselves just a factor of coincidence within coincidences, all cascading.


Or then as you say, Occams razor.


I ponder on all this no more. And it does not factor in my trading.

But it IS interesting.

cheers
  • #155
  • Jul 29, 2021 7:00pm Jul 29, 2021 7:00pm
Quoting moodybot
{quote} To many ‘coincidences’ to be a non controlled entity Pete. If it’s truly supply and demand then it’s quite remarkable how the market set just the right balance to set and return back to points of interest. Of course it could just be an Algo but why let Occams Razor get in the way of a great scam!
When we know something will happen in the future that's what makes it suspicious that this market might not be driven by economics supply and demand that we're taught in school. Price movement seems to be guided by a supreme hidden entity. And when such is the case, attempting to analyse price on the basis of supply and demand from the chart collapse.
Know what you trade
  • #156
  • Jul 29, 2021 8:55pm Jul 29, 2021 8:55pm
Quoting BWilliam
{quote} When we know something will happen in the future that's what makes it suspicious that this market might not be driven by economics supply and demand that we're taught in school. Price movement seems to be guided by a supreme hidden entity. And when such is the case, attempting to analyse price on the basis of supply and demand from the chart collapse.
I couldn't agree more.
The evidence is overwhelming.... but ignored!
  • #157
  • Jul 30, 2021 8:03am Jul 30, 2021 8:03am
I'm now convinced that you guys are joking around with this algo stuff. The joke is on anyone who falls into this trap, right?
  • #158
  • Jul 30, 2021 8:42am Jul 30, 2021 8:42am
Quoting GEfx
I'm now convinced that you guys are joking around with this algo stuff. The joke is on anyone who falls into this trap, right?
Do you think the Forex market is clean?
Learn from your mistakes and march on.
  • #159
  • Jul 30, 2021 11:37am Jul 30, 2021 11:37am
Quoting here2there
{quote} Do you think the Forex market is clean?
I'm not sure what you mean by clean. If the opposite of clean is dirty, which implies it's illegal, then yes, it's clean. If you are asking if it's manipulated, yes, it's manipulated.
  • #160
  • Jul 30, 2021 12:49pm Jul 30, 2021 12:49pm
Quoting GEfx
{quote} I'm not sure what you mean by clean. If the opposite of clean is dirty, which implies it's illegal, then yes, it's clean. If you are asking if it's manipulated, yes, it's manipulated.
If it is manipulated, then it is dirty. And yes, I believe it is manipulated.
Learn from your mistakes and march on.
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