topping but no weakness seen yet.
wait with 2nd attempt group.
wait with 2nd attempt group.
Technical Analysis Fallacy
- #39,923
- Edited 10:11am Apr 22, 2013 10:01am | Edited 10:11am
- Joined Nov 2007 | Status: Trader | 19,782 Posts
- #39,926
- Edited 6:43pm Apr 22, 2013 5:33pm | Edited 6:43pm
- Joined Nov 2007 | Status: Trader | 19,782 Posts
Hello my friends.
I like ask if anyone can please provide me some assistance.
The situation is that seem the liquidity of the euro markets have reached a point where is all dried up.
Markets are trading in manipulated vacuum situation.
so the spread we seeing from our feeds is unreal and computer simulated.
In reality since the start of 2013 i had noticed this change. because of ill health, i not so on the ball. so didn't put energy to decifering the percularity.
But yesterdays trading day confirmed my suspicions and i need find a way filter my charts.
What is happening is that because liquidity is all dried up.
The eurp in in fact quoting in vacuum of 10 pips spreads.
I suspect is higher than that.
From the way the market shades is seems between the quoted spreads the market makers are quoting per lever shift 10 pips+.
So if i am watch the pulse of the euro on piptits, i will actually be misled all the time by my chart.
And the strategies used for the trades will be all out of sync in relates to the real market situation, in terms of money management as well as timing.
In echange traded and regulated trading environments, public price feeds are actually traded prices without price infractions. The thing about OTC is that there is no way determined if prices are actually traded. I have to rely on the market made prices to gauge market prices, which i found in the electronic world is a farce.
Furthermore because the liquidity is not there, 5 min time scales is already a mistake.
This can easily be remedied by my going to 15 mins time scale, would like go incrementally to 10 but technology is in their hands and my MT4 charting potato not give me liberty have 10 mins time scales.
The problem i urgently need help with to try remedy out of their cage, is to have a filter that filters my price feeds to 10 pips scaling. which means that i want my charts show scaling of prices to 3 decimal places instead of 5.
If you can understand , euro is quoted as 1.31234 by the feed controlled by the masters of the universe.
I want my MT$ read them in 1.312 so that i can have realistic charts to analyse and strategise to.
The way they locking us to their virtual reality will be making me read rubbish technicals.
because like monday, what happened was the market maker suckered me into thinking they actually have bids given , by just shading the virtual spreads down , when in fact the only peeps hitting the bids was myself.
After getting critical mass business they shaded 2 times in 8 to 10 pips increments in nano seconds upwards and i found my attacks all dead in waters.
I am tinkering with the MT4 charts to try to get the charts to do what i would like have to analyse properly find the way deal with the liquidity problem the market is in. But found that MT4 is a locked down as it is ,so as i cannot read real analysis from it.
Also brought out my old metastocks charting program see if i can use that to chart the fx feed. but this gonna need take some time for me readjust to as has been a long time since i used that program.Also is very particular about what type of price feeds it is linked to.
Any assistance or thoughts help , is appreciated, my friends.
Thanks.
regards
if i unable find the solution to the charting problem ,i will downgrade euros to exotic currency class, so that i not get trapped in the electronic scam.
Is sad see that the vibrant liquid USD/DMK world currency had been degraded to whoring levels by electronic trappings. Also sad to see that a supposedly world class charting platform like MT4 is so locked to only what they allow users to see and use.
my paticipation in this electronic farce will be suspended again until i can find real solutions to the problems.
I don't see survival possibilities carrying knives in gun battles, when even the sharpness of the knives is determined by the gunners.
I like ask if anyone can please provide me some assistance.
The situation is that seem the liquidity of the euro markets have reached a point where is all dried up.
Markets are trading in manipulated vacuum situation.
so the spread we seeing from our feeds is unreal and computer simulated.
In reality since the start of 2013 i had noticed this change. because of ill health, i not so on the ball. so didn't put energy to decifering the percularity.
But yesterdays trading day confirmed my suspicions and i need find a way filter my charts.
What is happening is that because liquidity is all dried up.
The eurp in in fact quoting in vacuum of 10 pips spreads.
I suspect is higher than that.
From the way the market shades is seems between the quoted spreads the market makers are quoting per lever shift 10 pips+.
So if i am watch the pulse of the euro on piptits, i will actually be misled all the time by my chart.
And the strategies used for the trades will be all out of sync in relates to the real market situation, in terms of money management as well as timing.
In echange traded and regulated trading environments, public price feeds are actually traded prices without price infractions. The thing about OTC is that there is no way determined if prices are actually traded. I have to rely on the market made prices to gauge market prices, which i found in the electronic world is a farce.
Furthermore because the liquidity is not there, 5 min time scales is already a mistake.
This can easily be remedied by my going to 15 mins time scale, would like go incrementally to 10 but technology is in their hands and my MT4 charting potato not give me liberty have 10 mins time scales.
The problem i urgently need help with to try remedy out of their cage, is to have a filter that filters my price feeds to 10 pips scaling. which means that i want my charts show scaling of prices to 3 decimal places instead of 5.
If you can understand , euro is quoted as 1.31234 by the feed controlled by the masters of the universe.
I want my MT$ read them in 1.312 so that i can have realistic charts to analyse and strategise to.
The way they locking us to their virtual reality will be making me read rubbish technicals.
because like monday, what happened was the market maker suckered me into thinking they actually have bids given , by just shading the virtual spreads down , when in fact the only peeps hitting the bids was myself.
After getting critical mass business they shaded 2 times in 8 to 10 pips increments in nano seconds upwards and i found my attacks all dead in waters.
I am tinkering with the MT4 charts to try to get the charts to do what i would like have to analyse properly find the way deal with the liquidity problem the market is in. But found that MT4 is a locked down as it is ,so as i cannot read real analysis from it.
Also brought out my old metastocks charting program see if i can use that to chart the fx feed. but this gonna need take some time for me readjust to as has been a long time since i used that program.Also is very particular about what type of price feeds it is linked to.
Any assistance or thoughts help , is appreciated, my friends.
Thanks.
regards
if i unable find the solution to the charting problem ,i will downgrade euros to exotic currency class, so that i not get trapped in the electronic scam.
Is sad see that the vibrant liquid USD/DMK world currency had been degraded to whoring levels by electronic trappings. Also sad to see that a supposedly world class charting platform like MT4 is so locked to only what they allow users to see and use.
my paticipation in this electronic farce will be suspended again until i can find real solutions to the problems.
I don't see survival possibilities carrying knives in gun battles, when even the sharpness of the knives is determined by the gunners.
- #39,928
- Apr 22, 2013 9:34pm Apr 22, 2013 9:34pm
- | Joined Sep 2009 | Status: Trader | 1,227 Posts
Hello my friends. I like ask if anyone can please provide me some assistance. The situation is that seem the liquidity of the euro markets have reached a point where is all dried up. Markets are trading in manipulated vacuum situation. so the spread we seeing from our feeds is unreal and computer simulated. In reality since the start of 2013 i had noticed this change. because of ill health, i not so on the ball. so didn't put energy to decifering the percularity. But yesterdays trading day confirmed my suspicions and i need find a way filter my...
Here is a link to the webpage that explains it's use and installation.
http://www.fxdayjob.com/custom-time-frames-for-metatrader-4-401/
I'll see what I can find to help with the decimal places too.
- #39,929
- Edited 11:16pm Apr 22, 2013 10:29pm | Edited 11:16pm
- Joined Nov 2007 | Status: Trader | 19,782 Posts
{quote} Yep. 10, maybe 15 wide. maybe as high as 150. So lets say base log 15( 2) 15 base 2, closest chart would be 4 hour in MT4, then start working down from there. Regards sir
noted.
Thats very close to zonal active times.
Any ideas whats creating this lost in liquidity on markets?
of course other than all those manipulative private firewalls created by the paranoid, who not bowing to the fact that the core is structurally flawed.
Treating the symtoms i not believe is going solve it.
Probably create a bigger explosion down the road.
Is emilly streetsweeper still alive. If dealers no balls , we can laugh at them.But is not much point laughing at machines.
Have a nice day.
regards
- #39,930
- Apr 22, 2013 10:41pm Apr 22, 2013 10:41pm
- Joined Nov 2007 | Status: Trader | 19,782 Posts
{quote} Here is a "indicator" that will give you the 10 minute charts you would like, or any timeframe you wish. Here is a link to the webpage that explains it's use and installation. http://www.fxdayjob.com/custom-time-frames-for-metatrader-4-401/ {file} I'll see what I can find to help with the decimal places too.
will be testing it.
that would solve 1 part of the problem.
Great help, my friend.
Thanks so very much.
Ya, if we can find a way undo the piptit rubbish that the nut cases and scammers introduced into fx, would be great.
You see, I have major problems because need many charts active at 1 instance for analysis of situations.
So chart space is worst that interwomen rivalry. And because charts are small, everytime markets ranges, or when activity dies down then the movement of 1 min ranges as is happening can be from the bottom of chart to the top of the chart, which expands out when overrunned.
Is a very connish play on the mindset and analysis. Seems peeps designing the software have little trading experience and cannot understand. They think they very clever keep resizing the price range compression.
I hope they not intentionally did this so that easier to sucker nervious peeps into high turnover over trading.Thanks again Tub.
regards.
- #39,931
- Apr 22, 2013 10:58pm Apr 22, 2013 10:58pm
- | Joined Jul 2007 | Status: Trader | 2,994 Posts
{quote} ai ya , tub
Chief i just look at only 3 places only like for AUD i will see if market is at 1.022XX and forgot XX ...and see volatility etc form that perspective..
V
- #39,932
- Apr 22, 2013 11:06pm Apr 22, 2013 11:06pm
- | Joined Sep 2009 | Status: Trader | 1,227 Posts
{quote} ai ya , tub
Love to help my friends. I cherish them much more than money. Many times I have gotten through due to good friends help.
No luck I think on changing the way the price is on the platform without a coder. Can't find anything yet that will change the way price is quoted.
On the way the charts show the candles from top to bottom, try clicking on the right side in the price coloum and holding the mouse button down,
then drag down until you like the way it displays and release the mouse. That should compress those candles into something more tolerable.
Yes, I am convinced it is that way to scare the shit out of new traders. I know it did me for a long time. A one minute candle that looks like it is 30
pips when it is 5 is enough to get anyones attention.
I believe I once saw an indi or ea that will hold a specified grid and keep the chart from resizing that way. I'll try to hunt that down as well.
Think I found one. Try this : http://www.forexfactory.com/showthread.php?t=10128
- #39,933
- Apr 22, 2013 11:37pm Apr 22, 2013 11:37pm
- Joined Nov 2007 | Status: Trader | 19,782 Posts
{quote} Love to help my friends. I cherish them much more than money. Many times I have gotten through due to good friends help. No luck I think on changing the way the price is on the platform without a coder. Can't find anything yet that will change the way price is quoted. On the way the charts show the candles from top to bottom, try clicking on the right side in the price coloum and holding the mouse button down, then drag down until you like the way it displays and release the mouse. That should compress those candles into something more tolerable....
tubThanks, Thanks, Thanks.
Sorry for slow reply.
Was trying figure out where my MT4 Indicators folder for the longest time.
Seems what i using not have one. Found Indicators folder in the expert folder.
seems working. need monitor it for some time see if charting correctly.
Now on this grid thingy.
Thanks, may just solve solution of enemy in my own computer.
I am on it now.
Then will need observe wtf the market makers doing, and find way counter them.
I get funny feeling is algos doing this tricks, needs to be a real bastard dealer do this manipulate for business.
If dealers , will need be real small balls potato dealers, because the size of small business they trying con not justified in interbank ticket sizes.
tubthanks for all the help.
I am on it now.
regards
- #39,934
- Apr 22, 2013 11:48pm Apr 22, 2013 11:48pm
Hello my friends. I like ask if anyone can please provide me some assistance. The situation is that seem the liquidity of the euro markets have reached a point where is all dried up. Markets are trading in manipulated vacuum situation. so the spread we seeing from our feeds is unreal and computer simulated. In reality since the start of 2013 i had noticed this change. because of ill health, i not so on the ball. so didn't put energy to decifering the percularity. But yesterdays trading day confirmed my suspicions and i need find a way filter my...
You have clarified what I long suspected when they introduced this 5th decimal a while back.
I will have to think on this and search about but I am unable at present to find anything on filtering feeds.
At this stage I can only say what I am using, I have 3 feeds coming to me however I only have 2 platforms I trade from fxcm for metals and dukascopy for fx. (see attached) all have 5th decimal.
I am unsure of your weight in the market so Currenex may be a consideration (again not remedy). I find the fxcm and Mt4 have different chart patterns,candle shapes,averages the works..they are all over the place and if you are right at the coal face with a heavy hammer..this is a dillema.
If you want to give me your exact entry and GMT from yesterday, I can correlate with Dukascopy and see if there is a difference.
Dukascopy spruik that this is an ECN system but I do not believe it,(NOTHING IS UNMANIPULATED) however they seem to be better than ibfx,fxcm and the like for speed and requote is non existant,though cant tell as my weight is smaller.
The other side seems to head fake more times than not of late and the follow through or extensions arent there..1200 GMT candle yesterdays 4H e$.
I think the US regulators putting the retail fx market out of business (If your a US citizen) has not helped with liquidity, without the liquidity technicals lose their reliability, like turning a tap off or restricting flow there are spurts and no flow ...so what was...isnt anymore..one must counter...and there is the rub...how do we counter?
The precious metals market is so highly manipulated and now court cases have been dropped against the US government (That being JPM) which was always going to happen .. they are tightening the screws...FACT Chinese and Russina CB are the largest buyer of bullion for last 5 years..guess what they think of paper?
In reality, I mean REALITY..there is a worldwide socialistic attack underway and succeeeding to bring all markets, alll people, all freedoms to the rule and ownership of a few. Has been happening since time started we are just witness to the intensified stages. We have been in the 'information age' since 99/2000 this indeed has changed a lot for 'industrial age' thinkers which I am part of, most alorgachies are losing that information war and all these measures of manipulation are part of a whole to bring back control to the few.... told you it could get messy
Now how we counter and apply to fx... big heavy logistical armies can be brought to bare..they need those logisticals to continue manipulation, there main supply lines are 200fib55, with others subsidiairies all in the technical basket and they are unable to stray too far for too long from these unless the troops starve and the war is lost...that wont happen today...or tomorrow..
Maybe .. and only you will know this,,the war has changed its face and hand to hand is no longer applicable as the manipulation has hands tied back...maybe we have to strike from afar...lower the weight of the shot for MM but be precise to the point where we counter..hit and not get hit..more times than not..??
Just some thoughts..mechanically they have the upper hand..they have given us their old equipment to use and where they have 5,6,7 decimals...there will be an 8th or 9th...coming to an FX station NEW and IMPROVED for your viewing pleasure very soon...and the cattle may even pay for it.
I agree with the knife fight against guns however they have supplied us five shot revolvers (5th deciaml) whilst they carry an assortment of artillery.
Light and nimble you taught me...light and nimble.
See you after training..
Kind Regards
Li
PS also attached the time periods which dukascopy have ... No I am not IB...all this stuff is still the other sides equipment that they have so generously supplied...yeh right
- #39,936
- Apr 23, 2013 2:01am Apr 23, 2013 2:01am
- Joined Jul 2011 | Status: an ant working the structure | 3,248 Posts
-be careful about what you allow to be put in your mind-
- #39,938
- Apr 23, 2013 6:24am Apr 23, 2013 6:24am
- Joined Nov 2007 | Status: Trader | 19,782 Posts
hi hi friends,
sorry i switched off again.
went to auto switch off, was exhausted while rescaling the mt4 not got it done properly yet.
trying to remove the grid lines from chart thats making me loose focus.
these days energy is so expensive for me.
sorry i switched off again.
went to auto switch off, was exhausted while rescaling the mt4 not got it done properly yet.
trying to remove the grid lines from chart thats making me loose focus.
these days energy is so expensive for me.
- #39,939
- Apr 23, 2013 6:30am Apr 23, 2013 6:30am
- | Joined Sep 2009 | Status: Trader | 1,227 Posts
{quote}
Hope it does just what you need it to.
- #39,940
- Apr 23, 2013 6:32am Apr 23, 2013 6:32am
- Joined Jul 2011 | Status: an ant working the structure | 3,248 Posts
-be careful about what you allow to be put in your mind-