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  • #208,281
  • Mar 8, 2010 9:28pm Mar 8, 2010 9:28pm
I know...I'm being a little sarcastic...but what is illegal is someone making money based on Big banks being Big brothers to each other and moving the market in their direction as we have to wait and see....and usually lose.....

I think it is all about manipulation......that is Forex....i am thankful some of the guys I respect on here have a sense about figuring some of this out....I am still learning....6 yrs trading....many systems learned....many techniques....and I am still as uncertain as day one sometimes.....there are days I get it right when the market isnt being to manipulated......
  • #208,282
  • Mar 8, 2010 9:36pm Mar 8, 2010 9:36pm
Quoting IMARICH1
Gator,

With all your insight and people you know, I would think you would know some of the Big Boys....

I know this may sound stupid, but, i always thought if you could know some of these Big Boys then you could trade Forex with almost 100% winners. why can't someone here know one or some of them?

To me, it would be easier to know that then which direction might the price go...they know...its their big cash that will move it....

Just wondering......
most of that is a myth.. you got 3 trillian a day moving markets, mostly on eu.. so a few billion might move you a pip or 2.. at a low volume period. it would be easier to move oil like in 2008.. moving oil moved eu. one fake or real pipeline attack made eu move hundreds of pips in a day. it happend to a friend of mine. he was running a job in africa doing new construction on a pipline. my friend was at the airport in route back to africa. at the airport he heard about a pipline attack. he called worksight and found out one of the workers got hit with a spear. the guy was gonna be fine. my friend was laughing because all the news was about oil going up because of unrest and pipline attack. oil went up over 10 bucks that day eu hundreds of pips. when he got to job the oil company he worked was extremily happy. they call it the trillian $ spear. because oil and eu stayed high after. until the drop in the summer. the sad part is we paid for it. the other part is it was new construction.. so it wasnt even on-line yet.

there other examples like the chinese saying bs.. then retracting it. then you find out the talker was a limo driver or something. then you got the bomb in N.Y. that turned out to be a firecracker in a trash can. both of these cost me bucks..

sure investment banks play the game too. but they play 1-1 and are looking for micro pips. but this can be many billions over a year. they got their robots working..
those who can, do. those who cant, talk about those who can
  • #208,283
  • Mar 8, 2010 9:51pm Mar 8, 2010 9:51pm
I will take your word for it Gator....I'm not as much in the know on this stuff....other than the one guy who got info on where the Bank was positioning itself.....but i think he was getting false info at times.....who knows


Now that we pierced back thru 3622...are we headed back to 3645 or will 3631 hold us?
  • #208,284
  • Mar 8, 2010 9:53pm Mar 8, 2010 9:53pm
Quoting gatorinla
most of that is a myth.. you got 3 trillian a day moving markets, mostly on eu.. so a few billion might move you a pip or 2.. at a low volume period. it would be easier to move oil like in 2008.. moving oil moved eu. one fake or real pipeline attack made eu move hundreds of pips in a day....
wow few billions is moving just few pips, so having billions on dollar can't be said rich in Forex Market?
  • #208,285
  • Mar 8, 2010 9:55pm Mar 8, 2010 9:55pm
Quoting IMARICH1
I will take your word for it Gator....I'm not as much in the know on this stuff....other than the one guy who got info on where the Bank was positioning itself.....but i think he was getting false info at times.....who knows


Now that we pierced back thru 3622...are we headed back to 3645 or will 3631 hold us?
hmm dono.. im short unless we get new high. i was hoping 44 or 51 held us..
those who can, do. those who cant, talk about those who can
  • #208,286
  • Mar 8, 2010 9:58pm Mar 8, 2010 9:58pm
A good sell will be waiting for us at around 3720-3730 region tonight. This will complete one side of the so called "M shaped formation" that will have a thrust downwards. Keep your eyes on this region around the 4AM EST candle. 3727 is also the 1.146 price extension of the move from 3529-3702. Since we have a 50% retracement on the move mentioned, the upward motion has a low probability to go to the 1.382 price extension of the mentioned move which is 3769.

Good Luck with this info
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  • #208,287
  • Mar 8, 2010 10:01pm Mar 8, 2010 10:01pm
Quoting gatorinla
hmm dono.. im short unless we get new high. i was hoping 44 or 51 held us..
The new day high or the week , gator?
  • #208,288
  • Mar 8, 2010 10:03pm Mar 8, 2010 10:03pm
Quoting essenza
wow few billions is moving just few pips, so having billions on dollar can't be said rich in Forex Market?
its a flea turd on an elphants ass.
http://www.globalresearch.ca/index.p...t=va&aid=12754
those who can, do. those who cant, talk about those who can
  • #208,289
  • Mar 8, 2010 10:04pm Mar 8, 2010 10:04pm
Quoting forex888
The new day high or the week , gator?
their both the same at this point.
those who can, do. those who cant, talk about those who can
  • #208,290
  • Mar 8, 2010 10:05pm Mar 8, 2010 10:05pm
Quoting essenza
wow few billions is moving just few pips, so having billions on dollar can't be said rich in Forex Market?

No, you'd still be rich with a few billion. You just can't move an entire currencies value very much w/ just a couple billion...stock etc...completely different but not a 3 trillion+ liquid market
  • #208,291
  • Mar 8, 2010 10:07pm Mar 8, 2010 10:07pm
Quoting gatorinla
its a flea turd on an elphants ass.
http://www.globalresearch.ca/index.p...t=va&aid=12754
DAMN, I've never seen it put like that
  • #208,292
  • Mar 8, 2010 10:11pm Mar 8, 2010 10:11pm
Quoting realjumper
I think that would be illegal anyway....Insider Trading etc etc etc
In fear of being told I go on and on and on about volumes

banks buy with huge orders .... everything we need to know about what banks and professional money is in the charts. The beauty in fx is that dark pool deals are rarely done and intent is clearly shown ... we just have to open ourt minds and also know that bank orders will NOT go thru in one 5 min trade .. they will feed sometime hundreds of orders into the market getting partial fill of the large order.

here is a 60 min chart CLEARLY showing what is going on . In fact looks to me like buying at 1.5030 and some form of mark down under low vol conditions in asia to test supply . I would not be surprised to see Gu heading back up in London

BTW i was on skype with my buddies this morning and we did trade the sell at 1,5144

the comments on the charts are tongue in cheek so to speak .

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Ok that is me out again right now ....
Blogging daily now at www.volume.zone
  • #208,293
  • Mar 8, 2010 10:13pm Mar 8, 2010 10:13pm
Quoting malcolmb14
Honestly I did not pay him to say this .....lol

and before quizzed the reason I did not post today is I was short GU .. rather nice pair to trade

Just a quick note ES is right at resistance on a low spread bar today and NO volume ...seems tired
No. Greece did.
  • #208,294
  • Mar 8, 2010 10:13pm Mar 8, 2010 10:13pm
Quoting uraceulose
No, you'd still be rich with a few billion. You just can't move an entire currencies value very much w/ just a couple billion...stock etc...completely different but not a 3 trillion+ liquid market
so when central banks intervene i would like to know how much number usually they used to move against the market?
  • #208,295
  • Edited 10:35pm Mar 8, 2010 10:15pm | Edited 10:35pm
Quoting essenza
so when central banks intervene i would like to know how much number usually they used to move against the market?
tens of billions, sometimes hundreds of billions. They also align with other banks so they push and pull together instead of into each other.
  • #208,296
  • Mar 8, 2010 10:18pm Mar 8, 2010 10:18pm
Quoting gatorinla
its a flea turd on an elphants ass.
http://www.globalresearch.ca/index.p...t=va&aid=12754
unbelieveable, those papers actually shape the way we live
  • #208,297
  • Mar 8, 2010 10:18pm Mar 8, 2010 10:18pm
Quoting essenza
so when central banks intervene i would like to know how much number usually they used to move against the market?
also you will see it in the volumes when big players are in the market
Blogging daily now at www.volume.zone
  • #208,298
  • Mar 8, 2010 10:19pm Mar 8, 2010 10:19pm
the dark pools malc mentioned. are unkown. they dont report to any gov. currency trading is the wild west. its not regulated like stocks. many banks lie about what they are doing. or they may tell the truth with a small position and may omit much larger one the other way.
those who can, do. those who cant, talk about those who can
  • #208,299
  • Mar 8, 2010 10:20pm Mar 8, 2010 10:20pm
Quoting 2+2=4ex
tens of billions, sometimes hundreds of billions. They also align with other banks so they push and pull together instead into each other.
how is people at the banks trade? what exactly interbank does?
  • #208,300
  • Mar 8, 2010 10:24pm Mar 8, 2010 10:24pm
Quoting gatorinla
the dark pools malc mentioned. are unkown. they dont report to any gov. currency trading is the wild west. its not regulated like stocks. many banks lie about what they are doing. or they may tell the truth with a small position and may omit much larger one the other way.
and stock market is even worse ....I have often seen stocks move up on no volume and just keep going and going and going ... obviously closed door deals are being done. The odds really are stacked against us in this game.
Blogging daily now at www.volume.zone
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