Sorry for maybe stupid question, but what exactly means "SM" and "DM" ??
- #83
- May 24, 2015 6:11am May 24, 2015 6:11am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
Dear TAH, good job. How one trader can exploit work and manipulations of MM's without inside information? Did you worked with them before? Isnt there any misconception on your thread about mm? What about hft's? Appreciate your experience..
Naokia980,
I believe the misconception is with those thinking the "markets" are "free markets, where prices are based on demand and supply." The only thing "free" is that the MMs can do with price whatever they want (within reason, of course, which allows a lot of latitude), and the only "supply and demand" involved is that the MMs "demand" there be an adequate "supply" of buyers and sellers to fleece by their price manipulations.
As for HFTs, the MMs are the highest frequency traders of all, and always have been.
tah
- #84
- Edited 7:48am May 24, 2015 6:55am | Edited 7:48am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
A New Beginning, and What is Coming
Here are samples of a myriad of templates you will be able to create with the soon to come indicators......
With the "flick of the switch" you will be able to select the band, line or solid Trend display, or turn it off.
With the "flick of the switch" you will be able to select PVA, bar, standard or Heiken-Ashi candles, with multiple color choices programmed, but changeable.
With the "flick of the switch" you will be able to select the PVA or standard volume display.
In addition......
The Access Panel includes options to show, or not the panel itself, and if showing it then to include or not the Logo and the Clock. Totally flexible for chart stackers.
The Trend allows you to change the moving average period and type (EMA or SMA).
PVA candles have the option to use your own colors instead of the default traditional colors, a feature added to assist those that suffer from color blindness.
The PVA Alert is included now in with both the candles and the volume indicators, in case someone is not using volume.
The Access Panel retains all the features previously offered: special Bid line, Levels, time zone adjustable Pivots in either Day or Fibonacci formula that automatically adjust for DST, Day and Week Range Marks, personalized Day Separators, Market open/close VLines automatically adjusting for DST. Additionally, it now includes a special Ask line and also a special "natural Fibos" option shown in the last picture.
Indicators will be provided to create both black templates and white templates.
tah
Here are samples of a myriad of templates you will be able to create with the soon to come indicators......
With the "flick of the switch" you will be able to select the band, line or solid Trend display, or turn it off.
With the "flick of the switch" you will be able to select PVA, bar, standard or Heiken-Ashi candles, with multiple color choices programmed, but changeable.
With the "flick of the switch" you will be able to select the PVA or standard volume display.
In addition......
The Access Panel includes options to show, or not the panel itself, and if showing it then to include or not the Logo and the Clock. Totally flexible for chart stackers.
The Trend allows you to change the moving average period and type (EMA or SMA).
PVA candles have the option to use your own colors instead of the default traditional colors, a feature added to assist those that suffer from color blindness.
The PVA Alert is included now in with both the candles and the volume indicators, in case someone is not using volume.
The Access Panel retains all the features previously offered: special Bid line, Levels, time zone adjustable Pivots in either Day or Fibonacci formula that automatically adjust for DST, Day and Week Range Marks, personalized Day Separators, Market open/close VLines automatically adjusting for DST. Additionally, it now includes a special Ask line and also a special "natural Fibos" option shown in the last picture.
Indicators will be provided to create both black templates and white templates.
tah
- #86
- Edited 9:33am May 24, 2015 8:12am | Edited 9:33am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
{quote} I don't think that's fully true, they have a purpose. They are still governed by the supply and demand of whatever market they are involved in, they can just choose how to fill those orders. It's still almost the same concept, I'm just saying they would have no purpose in the market otherwise and would not exist, if they existed only to facilitate trade for themselves and for their own purposes.
hieronymus,
As a self-professed "aspiring professional trader", and relatively new to FF, you believe whatever you want to believe, but the last thing you said was the truth and the most important thing to remember.
The "market" is the sole creation of the Robber Banks that "make the market". While it serves the world of commerce, they run it for profit. And they opened the market up to foster prolific currency trading by others for the sole purpose of making more profits. They move prices up and down to "create liquidity" to fill the orders of SM and DM, for the commissions they make by filling the orders. When they have some orders above the current price and some below the current price, who do you think determines the sequence of direction and distance the price is going to move so these orders can be filled? And always - since they know how they are going to move price next - they take positions themselves to make additional profits.
They do this by:
1. Manipulating price to sucker into the market DM that is taking the wrong side position.
2. Manipulating price to sucker into the market SM that is taking the right side position, but too soon, and later manipulating price to hit their stops.
They have total control of pricing, and by these actions they effectively "steal" from others the money to fill their own "right side" positions before moving the price to the next area they have decided on for filling orders, and for taking profit on their positions built beforehand.
Think about it.
tah
{quote} ....and for their own purposes. hieronymus, You believe whatever you want to believe, but the last thing you said was the truth and the most important thing to remember. The "market" is the sole creation of the Robber Banks that "make the market". They created it to make profits for themselves. They run it to make profits for themselves. They move prices up and down to "create liquidity" to fill the orders of SM and DM, for the commissions they make by filling the orders. When some have orders above the current price, and others have orders...
You nailed it Sir. I am not much of a conspiracy theorist, however I have always found it amusing to hear people tell me how the MM don't manipulate for the reasons that they need traders commissions to make a living...and such similar crap.For those who question this, please read this http://www.forbes.com/sites/antoineg...to-wire-fraud/
Basically, they have made HUGE profits from 2007 doing this, they get caught, ONE trader gets fired, and the banks get fined / slapped on the wrist...they will restart next week. Really sends a good message to other thieves and crooks. I need to get a job as a Banker lol.
Traderathome, really nice thread. I look forward to reading more.
Best,
Josh
{quote}
- #90
- Edited 10:34am May 24, 2015 9:53am | Edited 10:34am
- Joined Jan 2015 | Status: PVSRA with Traderathome | 1,689 Posts
A New Beginning, and What is Coming Here are samples of a myriad of templates you will be able to create with the soon to come indicators...... With the "flick of the switch" you will be able to select the band, line or solid Trend display, or turn it off. With the "flick of the switch" you will be able to select PVA, bar, standard or Heiken-Ashi candles, with multiple color choices programmed, but changeable. With the "flick of the switch" you will be able to select the PVA or standard volume display. In addition...... The Access Panel includes...
Looking forward to steal some pips from the Thieves!
The importance of S&R in PVSRA Hi guys. I would like to share an observation regarding s/r lines in PVSRA analysis. TAH often says: MMs like to drive the price above/below half and whole number where they do most of their position building. We also know the position building happens mostly in consolidation/ ranges (accumulation/distribution) phase. So, the best place to look for position building is in a range that happens to be above/below half and whole number. I had an idea earlier that described analyzing Asian session to get a bias (post #81490...
{quote}
ONE trader gets fired, and the banks get fined / slapped on the wrist...they will restart next week. Really sends a good message to other thieves and crooks. I need to get a job as a Banker lol. Traderathome, really nice thread. I look forward to reading more."
JoshuaHope,
Absolutly agree! There is no conspiracy here, just facts. And our dear Cigarguy here trained himself to take advantage of them , stealing from them -while they are hurrying to steal from others. I like his style becouse of it, there is a special satisfaction in it..
PVSRA
- #93
- Edited 8:48pm May 24, 2015 8:35pm | Edited 8:48pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #94
- May 24, 2015 9:07pm May 24, 2015 9:07pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #95
- May 24, 2015 9:21pm May 24, 2015 9:21pm
- Joined Jan 2015 | Status: PVSRA with Traderathome | 1,689 Posts
Here is a Clue: GBPUSD It is a bank holiday for this one, but that does not mean the MMs don't have their computers set to milk the price queue of liquidity for whatever side trade they might have decided to take a position in. So, what do we have going on with this one? We can see on the M5 chart that there is little volatility. Yet, there are PVSRA clues here. Price is between an upper whole number and a lower half number. Is it below a whole number, or is it above a half number? Can't tell. But PVSRA is showing clues anyway. We can clearly see...
It is a bit too early for me, but there is a possibility of a double bottom here (H4). But it would not surprise me, if they take it below the half level before they start up.
LS can tell more.
PVSRA
- #97
- May 24, 2015 11:57pm May 24, 2015 11:57pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #98
- May 25, 2015 12:01am May 25, 2015 12:01am
- Joined Jan 2015 | Status: PVSRA with Traderathome | 1,689 Posts
{quote} GBPUSD Comment: It is a bit too early for me, but there is a possibility of a double bottom here (H4). But it would not surprise me, if they take it below the half level before they start up. LS can tell more. {image}
A lot of activity below the whole level , might be too early, but RR is good. Smaller position before LS (riskier).
PVSRA
Hi all,
I see that here are some old member, I believe that some have a big experience on the market also, and I've seen some bi profits marked, whit lots of pips, but I was really curios about 2 things:
- how a person which has a day job could fit in with your approach to the market? (I already know the answer - trade HTF - I would very very much love to, but I'm still freezing in an analysis paralysis stage, whit my small mini account of 1500 - down draw to 1200 euro); I know that trading HTF is less stressful and could bring more more pips, and more losses, of course...
- is volume analysis really applicable to SPOT market, it's good only for LTF (under 1H), or could really be used in HTF, I know that depends on broker provided information.
Currently I'm still experimenting, and jumping from one place to an other for 1 year almost, and maybe I "read" and study to much I become to caution and conservative, this lids to avoiding entering into trades that have very good potential, and when enter I end up in SL...
Anyway for those who still have believes about the FX market.... in the TF under Daily, the market moves from one level to an other driven by LIQUIDITY = MONEY, and when there isn't money in the market, it start SL hunting to accumulate and to create better prices for those able to dump in the market "yard after yard after yard of money" (for those who know what the term means!!! ) to do their business.
In the HTF the market moves based on government economic divergences and long term decisions done by Central Banks or either institutions that are able to perform economic policies...
yard = 500mln of what currency is in (xxx/usd or usd/xxx), and this is the amount of money necessary to move the pair 1 tick on regular market condition. In thick market condition with less liquidity, the first who bring 1 yard into the market will be able to move the market 100 - 150 pips very very easily!... that's way I think identifying the type of market condition you are going to sail in is very important along with other factors.
Thx,
Cris
I see that here are some old member, I believe that some have a big experience on the market also, and I've seen some bi profits marked, whit lots of pips, but I was really curios about 2 things:
- how a person which has a day job could fit in with your approach to the market? (I already know the answer - trade HTF - I would very very much love to, but I'm still freezing in an analysis paralysis stage, whit my small mini account of 1500 - down draw to 1200 euro); I know that trading HTF is less stressful and could bring more more pips, and more losses, of course...
- is volume analysis really applicable to SPOT market, it's good only for LTF (under 1H), or could really be used in HTF, I know that depends on broker provided information.
Currently I'm still experimenting, and jumping from one place to an other for 1 year almost, and maybe I "read" and study to much I become to caution and conservative, this lids to avoiding entering into trades that have very good potential, and when enter I end up in SL...
Anyway for those who still have believes about the FX market.... in the TF under Daily, the market moves from one level to an other driven by LIQUIDITY = MONEY, and when there isn't money in the market, it start SL hunting to accumulate and to create better prices for those able to dump in the market "yard after yard after yard of money" (for those who know what the term means!!!
) to do their business.In the HTF the market moves based on government economic divergences and long term decisions done by Central Banks or either institutions that are able to perform economic policies...
yard = 500mln of what currency is in (xxx/usd or usd/xxx), and this is the amount of money necessary to move the pair 1 tick on regular market condition. In thick market condition with less liquidity, the first who bring 1 yard into the market will be able to move the market 100 - 150 pips very very easily!... that's way I think identifying the type of market condition you are going to sail in is very important along with other factors.
Thx,
Cris
- #100
- May 25, 2015 12:23am May 25, 2015 12:23am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
