BULLS make to much price manipulation
UGLY MARKET .... THAT IS WHY FOREX MARKET IS FRAUD AND SCAM MARKET ....
WHY ???? BECAUSE FOREX MARKET IS OTC MARKET (OVER THE COUNTER MARKET)
AS AN OTC MARKET, THE MARKET MAKERS HAVE THEIR OWN MARKET (THE MARKET THAT THEY CREATED BY THEIR OWN), AND EACH MARKET MAKER HAS AN UNWRITTEN AGREEMENT TO MAKE THE PRICE SO THAT THEY ACHIEVE 80% OF THE PROFIT TARGET FROM THE CLIENT WHO PLACES THE ORDER... MEANING THEY HAVE A CALL TO MAKE IT
SO BETTER FOR NEW RETAIL TRADER IN AROUND THE WORLD, PLEASE DON'T COME TO THIS FRAUD AND SCAM MARKET.
Manipulation Not a Problem
“The element of manipulation need not discourage any one. Manipulators are giant traders, wearing seven- leagued boots. The trained ear can detect the steady ‘clump, clump,’ as they progress, and the footprints are recognized in enormous quantities of stock appearing on the tape. Little fellows are at liberty to tiptoe wherever the footprints lead, but they must be wary that the giants do not turn quickly and crush them.”
Discussion: In today’s age of HFT (High Frequency Trading), co-location, and flash crashes, many traders worry about manipulation. But manipulation was always present, even in Wyckoff’s day. And it is volume that reveals it. Nothing can hide huge volumes, which shows that big traders have sprung to action. Pay attention to volume patterns
BUT VOLUME IN FOREX MARKET = NOT TRUE VOLUME
UGLY MARKET .... THAT IS WHY FOREX MARKET IS FRAUD AND SCAM MARKET ....
WHY ???? BECAUSE FOREX MARKET IS OTC MARKET (OVER THE COUNTER MARKET)
AS AN OTC MARKET, THE MARKET MAKERS HAVE THEIR OWN MARKET (THE MARKET THAT THEY CREATED BY THEIR OWN), AND EACH MARKET MAKER HAS AN UNWRITTEN AGREEMENT TO MAKE THE PRICE SO THAT THEY ACHIEVE 80% OF THE PROFIT TARGET FROM THE CLIENT WHO PLACES THE ORDER... MEANING THEY HAVE A CALL TO MAKE IT
SO BETTER FOR NEW RETAIL TRADER IN AROUND THE WORLD, PLEASE DON'T COME TO THIS FRAUD AND SCAM MARKET.
Manipulation Not a Problem
“The element of manipulation need not discourage any one. Manipulators are giant traders, wearing seven- leagued boots. The trained ear can detect the steady ‘clump, clump,’ as they progress, and the footprints are recognized in enormous quantities of stock appearing on the tape. Little fellows are at liberty to tiptoe wherever the footprints lead, but they must be wary that the giants do not turn quickly and crush them.”
Discussion: In today’s age of HFT (High Frequency Trading), co-location, and flash crashes, many traders worry about manipulation. But manipulation was always present, even in Wyckoff’s day. And it is volume that reveals it. Nothing can hide huge volumes, which shows that big traders have sprung to action. Pay attention to volume patterns
BUT VOLUME IN FOREX MARKET = NOT TRUE VOLUME
Follow price direction