MM took out Fridays stops at last swing high with slippage.
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Dislikedhttps://www.youtube.com/watch?featur...&v=W6JY5e-omJ8 Bankers caught manipulating the FX markets.Ignored
Disliked{quote} Stop watching RT. This guy was prophesying certain market crash this year in March. Instead the stock market got a rise. He's a propagandist clown hired by Putin.Ignored
Disliked{quote} mykaelboy, I have been there. Some advice? First, a bit of humor. Humor Losing money is ultimately therapeutic. Either you get more serious and stop losing it and diminish the problem, or you lose it all.....and your problem disappears althogether. Advice You are seriously wounded, but not out of the fight. Yet, you are not well enough to re-engage the enemy without first healing and rebuilding your strength. This is the way you must see it! What you can do now is to take $500 and put it into a different account with the broker. This is...Ignored
Disliked{quote} mykaelboy, first you need a strategy that fits your personality and proved itself in practice for you. Keep in mind once you entered a position your main goals should be: - decrease your initial risk - remove your initial risk from your first position as soon as worth doing so (lock-in your profit) - stay on the market without risk - build your position without taking additional risks - stay in position and maximize your reward as long as the trend lives - if the trend goes against you, close your position - increase your pay-off ratioIgnored
DislikedGJ pushed above whole number with high volume followed by an immediate reversal = Bears. {image}Ignored
Disliked{quote} Thinly traded market ? ... Can I know what does that meansand it'd be nice if you explained a little bit how you got to the point it's going to reverse
... Thx in advance ... The Student
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Disliked{quote} I am not saying that it will reverse. I am saying the MM are bears. Look at the fact if you were a market maker are you going to load your longs at the top of a swing or at the bottom. I do not believe the MM are buying at the top except to try and entice others to go long and they will be taking the short side of those longs. They could move the market higher for cheaper shorts. I doubt they will but if they do I will be there to plant some more seeds. Time will tell.Ignored
Disliked{quote} you know what, You did me a huge favor without noticing it ... I finally know what does MM people keep saying here means.. I've asked like 5 times since 4 days when I found this thread
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Disliked{quote} I am not saying that it will reverse. I am saying the MM are bears. Look at the fact if you were a market maker are you going to load your longs at the top of a swing or at the bottom. I do not believe the MM are buying at the top except to try and entice others to go long and they will be taking the short side of those longs. They could move the market higher for cheaper shorts. I doubt they will but if they do I will be there to plant some more seeds. Time will tell. The purpose of this move was to take out the SL of those that stayed...Ignored
Disliked{quote} I know fundamental is not the only thing to look at, but think yen pairs are jumping up because chances of Syria strike is becoming low based on reaction of US congress members over the weekend. hence the safety premium from yen is reducing ( hence it is weakening against other currencies). this is not to contradict your analysis that market makers are bears. they probably are and using this fundamental background to get into short positions at better levels.Ignored
DislikedGJ short tested the 1/2 followed by a nice move down. MM" at play!!!! {image}Ignored