do big banks collect good trading systems and then move against us?

or do our brokers do so? Just curious. Thanks a lot!

i don't think so...

Can you define a "good trading system" ?

Or then define a "bad trading system" ?

The thing is that there is no good or bad trading systems, just the systems and market conditions.

They already know how we trade, where we put stops where we like to enter a trade.

And they actually don't need to, if taking us out is an important part of their strategy, they can see where orders are piled up, and know what it takes to drive price a particular direction and amount.

The market is geared against us, no question about that.

Also, for a good explanation and a lot of insight, go here and read soultrader's post:

http://www.forexfactory.com/showthread.php?t=53670

You are asking if ibanks browse FF and look for trading-systems? No, they arent, they have better things to do.

2 thirds of the global FX volume are are traded in swaps. Retail traders that hang out on FF dont even have access to those instruments.

One source of revenue for them is prime broking and associated services for institutional clients/corporates, assisting in hedgeing their currency exposure, working big orders for clients for example (including the oppurunity to frontrun them ), consulting in treasury matters, giving access to trading platforms including providing credit facilities and settlement services, and so on and so on.

Another activity is marketmaking, either on their own singlebank portals or posting quotes on multibank platforms or both. They also run option desks and offer structured products of all kinds to big clients.

Most of them also run prop trading groups, but those guys dont have to go to internet forums to look for new ideas. They have enitre research and IT departments at their hands. IMO they couldnt care less what small time retail traders are up to. Also they arent always successful either, for example RBS closed down its prop desk last year, probably not because of stellar performance.

The real answer is NO!!!

Thats not how banks work...

Hello,

Its irrelevant.

At every tick some tom, dick or harry's system will have a trigger.

Why would they care coz the mass markets itself will determine how the system fares. Reckon you read Trading & Exchanges - Market microstructure for practitioners to have a better understanding.