Price Action & Fundamentals with Smart Money

The ans is : not all , but most of the
The key thins for smart money for hit SL for retails traders. They confused trader Decisions for his buy sell entry. trap, fake move , is the key Weapon in smart money. I am a price actin trader. But i know why and how smart money work. Red news Green news not important. market Structure and market cycle is the key.
regards

Nice thread---interesting and informative.

thanks

Really a lot of informative charts and theories thus far.
The Forex Market is just plain Chaos. Here is my take on how to handle all these Smart Money Scoundrels.
You just learn how to trade Forex. It's all out there for You. In Plain site.
You just need to know what to look for and when to make your trades.
I love it when the big money and High volume(ticks) show up on my charts.
I'm looking for the smart money to setup a Fractal breakout trade for me and that's just what they do each and everyday.
The market is chaos and the fractal is nothing more than a conditioned result of a behavioral change in the markets price.
This behavior change is dictated by the Smart Money and I really love it. Wouldn't have it any other way. How else are you going to get price fluctuation.
Just know what to look for in a run of High volume bars and a Fractal and you have the makings of a tasty profit.
Now, what I don't like is the news, and I avoid it like the plague . Man they can rack up some long candles, wiping everyone's stop out on both side of the spectrum.
So, I get a nice breakfast with a Starbucks coffee til those Scoundrels are done. Usually around 0745 hours or so. Then it's back to work looking for those high volume smart money candy bars. LOL

thanks for your reply. in your speech there is lot of info about smart money. i add some things. volume spread Analysis( VSA ) is another system to track smart money. i know it very well . but it is not so easy.
regards

You just learn how to trade Forex. It's all out there for You. In Plain site.
You just need to know what to look for and when to make your trades.

agree 100% Charismatic.

Experience is keys in trading, and through every mistake is value in the end.

Smart Money:
The Big boy of fx market

there is lot of trader they not agree with me. but i know who is the big player and how they work.
i have a question .
Is The Forex Market Manipulated ??
The ans is hear.after reading this please write your comment.
regards
November 12, 2014( http://www.forexfactory.com/news.php?do=news&id=512896)
CFTC Orders Five Banks to Pay over $1.4 Billion in Penalties for Attempted Manipulation of Foreign Exchange Benchmark Rates
Citibank, HSBC, JPMorgan, RBS, and UBS Coordinated Trading with Other Banks in Private Chat Rooms in Their Attempts to Manipulate
Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) issued five Orders filing and settling charges against Citibank N.A. (Citibank), HSBC Bank plc (HSBC), JPMorgan Chase Bank N.A. (JPMorgan), The Royal Bank of Scotland plc (RBS) and UBS AG (UBS) (collectively, the Banks) for attempted manipulation of, and for aiding and abetting other banks’ attempts to manipulate, global foreign exchange (FX) benchmark rates to benefit the positions of certain traders.
The Orders collectively impose over $1.4 billion in civil monetary penalties, specifically: $310 million each for Citibank and JPMorgan, $290 million each for RBS and UBS, and $275 million for HSBC.
The Orders also require the Banks to cease and desist from further violations, and take specified steps to implement and strengthen their internal controls and procedures, including the supervision of their FX traders, to ensure the integrity of their participation in the fixing of foreign exchange benchmark rates and internal and external communications by traders. The relevant period of conduct varies across the Banks, with conduct commencing for certain banks in 2009, and for each bank, continuing into 2012.
Aitan Goelman, the CFTC’s Director of Enforcement, stated: “The setting of a benchmark rate is not simply another opportunity for banks to earn a profit. Countless individuals and companies around the world rely on these rates to settle financial contracts, and this reliance is premised on faith in the fundamental integrity of these benchmarks. The market only works if people have confidence that the process of setting these benchmarks is fair, not corrupted by manipulation by some of the biggest banks in the world.”
According to the Orders, one of the primary benchmarks that the FX traders attempted to manipulate was the World Markets/Reuters Closing Spot Rates (WM/R Rates). The WM/R Rates, the most widely referenced FX benchmark rates in the United States and globally, are used to establish the relative values of different currencies, which reflect the rates at which one currency is exchanged for another currency. FX benchmark rates, such as the WM/R Rates, are used for pricing of cross-currency swaps, foreign exchange swaps, spot transactions, forwards, options, futures and other financial derivative instruments. The most actively traded currency pairs are the Euro/U.S. Dollar, U.S. Dollar/Japanese Yen, and British Pound Sterling/U.S. Dollar. Accordingly, the integrity of the WM/R Rates and other FX benchmarks is critical to the integrity of the markets in the United States and around the world.
The Orders find that certain FX traders at the Banks coordinated their trading with traders at other banks in their attempts to manipulate the FX benchmark rates, including the 4 p.m. WM/R fix. FX traders at the Banks used private chat rooms to communicate and plan their attempts to manipulate the FX benchmark rates. In these chat rooms, FX traders at the Banks disclosed confidential customer order information and trading positions, altered trading positions to accommodate the interests of the collective group, and agreed on trading strategies as part of an effort by the group to attempt to manipulate certain FX benchmark rates. These chat rooms were sometimes exclusive and invitation only. (Examples of the coordinating chats are attached under Related Links.)
The Orders also find that the Banks failed to adequately assess the risks associated with their FX traders participating in the fixing of certain FX benchmark rates and lacked adequate internal controls in order to prevent improper communications by traders. In addition, the Banks lacked sufficient policies, procedures and training specifically governing participation in trading around the FX benchmarks rates; and had inadequate policies pertaining to, or sufficient oversight of, their FX traders’ use of chat rooms or other electronic messaging.
According to the Orders, some of this conduct occurred during the same period that the Banks were on notice that the CFTC and other regulators were investigating attempts by certain banks to manipulate the London Interbank Offered Rate (LIBOR) and other interest rate benchmarks. The Commission has taken enforcement action against UBS and RBS (among other banks and inter-dealer brokers) in connection with LIBOR and other interest rate benchmarks. (See information below.)
The Orders recognize the significant cooperation of Citibank, HSBC, JPMorgan, RBS, and UBS with the CFTC during the investigation of this matter. In the UBS Order, the CFTC also recognizes that UBS was the first bank to report this misconduct to the CFTC.
In related matters, the United Kingdom Financial Conduct Authority (FCA) issued Final Notices regarding enforcement actions against the Banks and imposing collectively penalties of £1,114,918,000 (approximately $1.7 billion), and the Swiss Financial Market Supervisory Authority (FINMA) has issued an order resolving proceedings against and requiring disgorgement from UBS AG.
The CFTC thanks and acknowledges the invaluable assistance of the U.S. Department of Justice, the Federal Bureau of Investigation, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Reserve Bank of New York, the FCA, and FINMA.
CFTC Division of Enforcement staff members responsible for these cases are Robert Howell, Jonathan Huth, Traci Rodriguez, Jennifer Smiley, David Terrell, Melissa Glasbrenner, Heather Johnson, Jordon Grimm, Elizabeth Streit, and Gretchen L. Lowe.

The Higher the Education, the bigger the Scoundrel!!! Sure there are some shady deals that take place. I was in a trade just yesterday and the Asian Market Makers and Smart money kept pushing the Euro down from the late afternoon prices. They tanked it out around 0115 hours Eastern time. And then Run it back up to the beginning prices in the last 30 minutes of their session. I just average cost down from when the prices started falling at the beginning of their little ordeal. It covered around 35 pips. I just bought .01 lots from 1.2154 to 1.2122 as the price dropped , I had around 30 or so lots. I made about $40.00 bucks at the end of the party. It was fun, I'm glad they stopped at around 1.2120 ,my margin only had about $800.00 left. I guess I could have kept buying, but it was getting alittle annoying. Good luck to ya.

Charismatic
Any-one can make a mistake but to not learn from it is fatal.

3 Rule can change your Forex life
Rule 01: All time follow the rule
Rule 02: Never break the rule
Rule 03: Remember all time rule 01 & rule 2

Welcome back all trader, Hope this year will be a great year
regards

Breaking :Alpari UK enters insolvency
http://www.alpari.co.uk/client-updat...t-announcement

The Magic of CHF . broker suffer lot

thank you very interesting thread

Thanks allot for sharing such information, I find it really valuable.
Also I would like to add, that in FX time is our enemy. Candle sticks based on time (different time frames) often show a mess, why?
The volatility could jump from 40 ticks in a minute, to 300 ticks in a minute (just an example). Therefore tick charts (ticks based candle sticks) show a much more clear picture of the currency moves usually .

i would also like to thank you guys for the information you shared. as a new trader i look forward to reading all the books, hopefully we can discuss 2016's market and learn more from each other.

kinds regards

This thread is worth a gold. But, nobody takes this thread seriously. It's a shame. I start to trade following the smart money, and it's very profitable. Plus, it's good for your heart also while taking a position because you are following the big banks not the losing herd. No wonder 90% of the retail trader lose money in fx. This thread answer my question.

I'm looking for the smart money to setup a Fractal breakout trade for me and that's just what they do each and everyday. The market is chaos and the fractal is nothing more than a conditioned result of a behavioral change in the markets price.

I would like to add, that in FX time is our enemy. Candle sticks based on time (different time frames) often show a mess, why?