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  • #394,741
  • Feb 23, 2011 2:57pm Feb 23, 2011 2:57pm
Quoting the redlion
then enlighten me. (seriously not sarcastically) who is doing the manipulation and to what end?
You're joking i hope,there's this giant pot of money and to get some of it all you have to do is push the price around a bit.
Oh no we can't do that.
You can remain irrational longer than you can remain solvent.
  • #394,742
  • Feb 23, 2011 2:57pm Feb 23, 2011 2:57pm
Quoting PriceVolume
v2 is almost done....I'm testing now but looks badass.
im using it with the usdx .. as a tool.. 1h and 4h are hitting a bounce
those who can, do. those who cant, talk about those who can
  • #394,743
  • Feb 23, 2011 3:01pm Feb 23, 2011 3:01pm
Quoting infinitus
LOL Forex and not manipulated.......

That was my basic idea when I switched over to Forex trading - too big to manipulate. But I was thought several tough lessons about that.

Forex and not manipulated....... The other side is the truth.....
I have a close mate who's a bond trader , he and all of them call the fx market bandit country,cause your always watching out for ambushes.
You can remain irrational longer than you can remain solvent.
  • #394,744
  • Feb 23, 2011 3:02pm Feb 23, 2011 3:02pm
Quoting malcolmb14
No on the confluences , but if there are then so much the better .

I like the MML as they just show those 30 pip blocks well. 1.3732 being a MML right now that we bounced off to the pip.

The marketprofile indie changes when you change time frames in MT4 .. it should not but it does. Maybe a whiz programmer can sort that out for you . In esignal I have something similar that remains static no matter the time frame . The point of max volume (point of control) for the day will not change due to the time frame changing ( or should not) ....


Hi Malcolmb,

thanks for the explanation. I saw that the data changed when one switches to another TF.

Have to see what can be done.

Your tip with the MM p=240 value is spot on. When I started with MM I had p=256 on all of my TF's and it worked well too, at least for the higher TF's like 1h, 4h, daily.

Thanks again,

Markus
  • #394,745
  • Feb 23, 2011 3:03pm Feb 23, 2011 3:03pm
Just a question for my fellow Americans here...The Dollar no longer rallies on geopolitical risk...that doesn't concern you for our long term fiscal health?
Twitter: @TrendersGame
  • #394,746
  • Feb 23, 2011 3:03pm Feb 23, 2011 3:03pm
Long 3747 SL 3743
  • #394,747
  • Feb 23, 2011 3:05pm Feb 23, 2011 3:05pm
Quoting Citiboy
Just a question for my fellow Americans here...The Dollar no longer rallies on geopolitical risk...that doesn't concern you for our long term fiscal health?
Nope. Were screwed. All empires fall, and we haven't even made it 300 years. I'm grabbing everything I can and then going to transfer everything over to Australia. lol

Just wait until we run out of oil in the next 50-60 years. Won't that be a hoot.
  • #394,748
  • Feb 23, 2011 3:05pm Feb 23, 2011 3:05pm
I am not a guru on this but here goes

There are buyers and sellers in every market

Lets say i am BOE looking to buy 40 trillion of eu for whatever reason. I will not buy this in one 5 min time period otherwise eu will go to 1.6 in a heart beat lol .

Instead I will get into the market in stages .

I will buy 500 billion , pushing the market up by 1 cent , I then stop buying OR even sell 100 billion against my 500 billion position to entice the supply backinto the market. IF I want higher prices I have to dry up all that supply above me .

When will I use that 100 billion ? start of a low volume session...asia. The bears will take over once i have set the ball in motion

I noted in this flag that all the volume was kicking in in london / us and that the moves down were happening under low volume in asia , yet each stage lower the volumes turned up in london . This is called bag holding , pros buying on volume at each level down. I understood form my vsa skills that the up moves did not really have any selling pressure...real large position sellers that is and this is what made me so confident my 1,3610 long was not in trouble.

As for the move in asia on Monday after a holiday in the us , If you want to buy a house do you want to wait until the housing market is as high as possible or do you wait for a sale / discount of some sort. 'They' used asia to mark down or discount the price with all the bearish news out there

The 1st sign of real weakness showedu p today at 1,3780

This is the mickey mouse version.

Attached Image (click to enlarge)
Click to Enlarge Name: eu02.jpg Size: 147 KB






Quoting the redlion
then enlighten me. (seriously not sarcastically) who is doing the manipulation and to what end?
Blogging daily now at www.volume.zone
  • #394,749
  • Feb 23, 2011 3:05pm Feb 23, 2011 3:05pm
Quoting Citiboy
Just a question for my fellow Americans here...The Dollar no longer rallies on geopolitical risk...that doesn't concern you for our long term fiscal health?
It concerns me as much as the 500 other problems.

The dollar is complete crap now and everyone knows it, we just rely on our former glory to hold onto the #1 spot. It's only a matter of time before China plays its hand.
  • #394,750
  • Feb 23, 2011 3:05pm Feb 23, 2011 3:05pm
eurusd is dead... show some life!
  • #394,751
  • Feb 23, 2011 3:06pm Feb 23, 2011 3:06pm
Quoting the redlion
then enlighten me. (seriously not sarcastically) who is doing the manipulation and to what end?

intraday traders who are eating through the various available inventory at the varying price levels to move price. Market orders search for liquidity.

usually when macro strategies start positioning short.. intraday traders will look for any excuse to buy with a tight stop-loss.. and the market will go up faster because of willing marco liquidity providers.

Both smart buyers and smart sellers win, always. Absolute Pareto efficiency. Most of the $$ in this business is made from noise traders (traders with no sense of direction or conviction).
  • #394,752
  • Feb 23, 2011 3:06pm Feb 23, 2011 3:06pm
Quoting Citiboy
Just a question for my fellow Americans here...The Dollar no longer rallies on geopolitical risk...that doesn't concern you for our long term fiscal health?
Israel is in the mix.
those who can, do. those who cant, talk about those who can
  • #394,753
  • Feb 23, 2011 3:07pm Feb 23, 2011 3:07pm
lol, Actually Australia was my opt-out as well...I made my mind up on that the night of the health care bill vote.
Twitter: @TrendersGame
  • #394,754
  • Feb 23, 2011 3:08pm Feb 23, 2011 3:08pm
Quoting jezek5
You're joking i hope,there's this giant pot of money and to get some of it all you have to do is push the price around a bit.
Oh no we can't do that.
that doesnt answer my question, WHO? doing the manipulation?

if the FED didnt like the way the dollar was going they would push up the price

so WHO pushes the price? who has the POWER to manipulate the countries currencies? the central banks? if so why are they in debt?

if they can make money by pushing the price around?"
AVT INVENIAM VIAM AVT FACIAM
  • #394,755
  • Feb 23, 2011 3:10pm Feb 23, 2011 3:10pm
Quoting the redlion
that doesnt answer my question, WHO? doing the manipulation?

if the FED didnt like the way the dollar was going they would push up the price

so WHO pushes the price? who has the POWER to manipulate the countries currencies? the central banks? if so why are they in debt?

if they can make money by pushing the price around?"

your confusing price with value
  • #394,756
  • Feb 23, 2011 3:10pm Feb 23, 2011 3:10pm
Quoting Citiboy
lol, Actually Australia was my opt-out as well...I made my mind up on that the night of the health care bill vote.
i love it
those who can, do. those who cant, talk about those who can
  • #394,757
  • Feb 23, 2011 3:11pm Feb 23, 2011 3:11pm
Quoting Citiboy
lol, Actually Australia was my opt-out as well...I made my mind up on that the night of the health care bill vote.


The women are sexy as well, especially with that accent of theirs!
  • #394,758
  • Feb 23, 2011 3:11pm Feb 23, 2011 3:11pm
late post my bad
AVT INVENIAM VIAM AVT FACIAM
  • #394,759
  • Feb 23, 2011 3:14pm Feb 23, 2011 3:14pm
Quoting infinitus
Long 3747 SL 3743
stopped out -4


I got what I deserved. That was a low probability setup:

15min in sideway action as 5 min too.

MM on 1, 5 and 15min in low probability zone (around the pivot line)
  • #394,760
  • Feb 23, 2011 3:15pm Feb 23, 2011 3:15pm
Quoting the redlion
that doesnt answer my question, WHO? doing the manipulation?

if the FED didnt like the way the dollar was going they would push up the price

so WHO pushes the price? who has the POWER to manipulate the countries currencies? the central banks? if so why are they in debt?

if they can make money by pushing the price around?"
A currency or any market is going to go where it will.

Fed or any other entity can only "manipulate" temporarily.
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