Disliked{quote} Not true at all! If more people used one strategy to even come close to the forex markets volume which undoubtedly would not even dent it, would only make the strategy better off! If market keeps getting orders to go long the price will continue to rise until a large enough offer comes in. Look at the SP500! Thing is, people who use a so called method are doomed from the start whether one uses it or 5hundred. You have to look at the underlying edge and when it comes to news there are so many variable s going against you today that your edge...Ignored
this is the age of Algorithms and surveillance afterall
why do you think strategy's suddenly fail?
because the bigger Market Makers obverse many more orders all appearing at the same points,
and if many more orders start appearing where the MMs are placing their orders, they soon after change their strategy’s to counter and the once winning strategy starts to fail
The Market Markers have a limitless supply of money at the disposal, they are not remotely interested in any others than the major FED run banks making a dime, so it does nt matter who clubs together, the bigger MMs will always have enough to reverse or take the market sideways and ruin a strategy
The Market hunts large orders
(for fun and because they can)
the text robots have been here a while, its not the NSA (as far as i know) and in an ideal world we could all share a few of our better secrets,
but this is war, and to be successful its prudent to keep any of our better strategy to ourselfs, whether its news or general trading (the market is not a charity)
Know thy enemy
a good place to start to understand more of how the market really works is in the vid below
(but don't give him any money)
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