Accumulation, manipulation, distribution

Hi, be very careful using these concepts on Forex. Because they don't exist on the foreign exchange markets.
Forex has no trend, but is the relationship of two currencies. You must therefore isolate the currencies and study them individually.
The concepts of accumulation and distribution apply only to the stock market.

[quote=Altopium;15082259]{quote} Hi, be very careful using these concepts on Forex. Because they don't exist on the foreign exchange markets. Forex has no trend, but is the relationship of two currencies. You must therefore isolate the currencies and study them individually. The concepts of accumulation and distribution apply only to the stock market.[/quote

Any stock, commodity, bonds, index or currency that is freely-traded by large institutional traders will have the same " psychology of the markets" behind it. Don't get hung up by what it was used for in the past, it applies to all freely traded markets.

Accumulation, Distribution, Mark Up & Mark Down are the common denominator of all Charts, of any instrument or timeframe.
This is how they move, day in day out.

If an unmarked chart was placed before you of any instrument, you would be hard pushed to identify what it is or the timeframe you were looking at because of the Fractal nature of the markets.

Wyckoff formulated his rules after studying some of the greatest traders around at the time, J P Morgan & Jesse Livermore, to help identify how the large operators were consistently "fleecing" the small trader in the markets and how to spot their activity by studying chart patterns.

The Cycles may be more condensed in nature due to the speed of markets now compared to 100 years ago, and you would need to adjust for that.

The different stages of the Wyckoff Cycle is how the herd are manipulated into taking positions contrary to the "Smart Money" for obvious reasons.
Otherwise how else would the markets operate.

Candlesticks are said to be over 200 years old, used by Rice traders in Japan, so are they only used to trade Rice ?

If you make money with this information continue, it is definitely a good way.

Just need to understand which part of the cycle you are at and be patient :



Don't be Buying when market is in distribution phase and be Selling when market is in Accumulation.

Have a search for Fisher (might be Fisher) Sushi Roll. It basically waits for a 5 bar break of hi/lol and then a break 5 bar hi/lol in the opposite direction. The other interesting idea is Mark's trend lines and associated rules.
Need any help finding just ask. S.

These two lines represent every one of my charts they're all the same these represent distribution and accumulation stages this is where I trade the only thing you've got to look out for is the fake breakouts .

Attached Image (click to enlarge)

I follow the white lines I let the candles go along the white line
when it breaks I take the trade if it turns out to be a fake I close it straight away and go the other way
I should also say I don't trade if the candles have already crossed the purple dotted lines of yesterday's high and low.

Monday and Tuesday were
VERY good
but today was a write-off.

Attached Image (click to enlarge)

Attached Image (click to enlarge)

I've decided that I'm put trend lines in and see if I can get where it breaks through the trend Lines as my place to put my Trade on
I know that OCR LO Indicators And the two vertical lines are putting me in the right spot it's just the FAKE OUT causing me problems, so back to the drawing board and experimenting with the trend Lines,

here is two chart I put the TREND lines on earlier on,

Just one other thing I'd like to know if anyone knows about trend Lines?
Is it better TO have them on the lower time frames or the middle time frames or high time frames?

People do use them, maybe higher TF are more reliable than LTF

IMHO, I don't use them, as they are far too subjective.

I am going to use some rules to see if this system may work if they do I will put them on later,

This a TEST
Do not trade with your own money
I will put four identical charts on for today again this is a test
I am using a demo account so I will not be losing my own money.

The 5th candle as always got to go below the candle it is passing to confirm the trade,

If The yellow moving average crosses The red candle on its way down that is a good sign for a Sell,
If the blue moving average crosses the green candle on its way up that is a good sign for a buy,
I should also say the fifth candle can go above for a buy trade

Do not trade with your own money
this is a test
I am using a demo account so I will not be losing my own money

My test consists of this gold Line I believe this gold line is a distribution line

This gold line will come into play at one o'clock UK time it shows it as a 1500 hours
because my account is 2 hours behind

First ones up and running

2nd one is up and running

3rd one

Didn't get what "manipulation" phase is?

Accumulation is when big player waits for small wyckoff cycles fans will open their positions. Because every position has stop (want it or not, set it or not it exist anyway) then big player calculates this and decides when to move the market to trigger these stops thinking "ok, its time to punish all the degen gamblers". And start hitting buy or sell market button.
Since if we buy the price rise. And it rise and trigger stops. Stops eating limit orders from orderbook and push the price higher and higher.
Where manipulation here? Is there any power that force degen gamblers to open the position? Or may be there is The black warlock somewhere makes you believe in pattenrs, cycles and other bullshit?

So here's no actual "manipulation" here. No one forces traders to open positions or believe in patterns and cycles. The term '"manipulation" is misleading - it's simply market dynamics between large and small traders.

p.s. you will never know then the accumulation phase ends. Because you don't have information about volume the big player needs to start the "manipulation" (as you call it) phase.

Trading has taught me to distinguish between reality and concepts.

Traders argue all day long about concepts like trend, accumulation, manipulation, distribution, etc...

All Forex traders, using the same broker, will agree on today's open price, yesterday's high and low, etc...

Perhaps my HOLO thread will be of assistance.

Cheers, Mate!

WELL, it turned out to be a disaster every single one of them opened the Number five Gold vertical line with A fake candle,
Back to the drawing board TO my patterns,

HAPPY NEW YEAR TO EVERYONE