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Quoting FXTriumph
Good to have you back UP. Please, the recent Brexit volatility, how do you think that imbalance was offset by dealers? Was it all done in the FX markets?
The Brexit imbalance is for the most part now equailzed between Banks and CBs :
http://www2.pic-upload.de/img/31128392/eq.png

Quoting FXTriumph
If not, was it Gilt? Or where? Thankks
In most "British vs. European markets" (red line),too, as the pic in post 154 already showed:
http://oi65.tinypic.com/aetba9.jpg
  • Post #162
  • Quote
  • Edited Jul 7, 2016 1:10am Jul 6, 2016 10:33pm | Edited Jul 7, 2016 1:10am
PS: I have found a way to use GOLD and SILVER to trade Forex and vise versa.
I want to ask you a question via PM but you have stated it clearly on your wall.
When you lose, I'm the loudest who laugh at your face )
Quoting Zelo
PS: I have found a way to use GOLD and SILVER to trade Forex and vise versa. I want to ask you a question via PM but you have stated it clearly on your wall.
As long as it remains to 1 PM i will look into it. ;-)
Quoting Zelo
PS: I have found a way to use GOLD and SILVER to trade Forex and vise versa. I want to ask you a question via PM but you have stated it clearly on your wall.


Hi Zelo, please I am really interested in your discovery, if you are willing to share.

I use Gold to trade forex but I have never been able to use silver.

I would appreciate some insight from you. Thank you.
Quoting UnnamedPlayr
{quote} As long as it remains to 1 PM i will look into it. ;-)
Thank you, i will take time to craft a good question to ask. As keep asking question, i found it my self. I think i only need you to confirm my findings. (In facts, i have uploaded some pictures in previous post but i deleted them.)
The problem i have currently is timeframe. I enter too soon.
When you lose, I'm the loudest who laugh at your face )
Quoting FXTriumph
{quote} Hi Zelo, please I am really interested in your discovery, if you are willing to share. I use Gold to trade forex but I have never been able to use silver. I would appreciate some insight from you. Thank you.
It is simple, you need to find out which lead another? Sometimes Gold leads Silver, sometimes Silver leads Gold. GOLD/SILVER
Something like this:
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 26 KB


I sell the script that create this chart for $500,
When you lose, I'm the loudest who laugh at your face )
Quoting Zelo
{quote} It is simple, you need to find out which lead another? Sometimes Gold leads Silver, sometimes Silver leads Gold. GOLD/SILVER Something like this: {image} I sell the script that create this chart for $500,

Thanks
Quoting Zelo
{quote} It is simple, you need to find out which lead another? Sometimes Gold leads Silver, sometimes Silver leads Gold.
That's the relationship between them:

http://www2.pic-upload.de/img/311629...ilverDaily.png

;-)
This is how all imbalances within the 8 major currencies look like:

Daily
http://www2.pic-upload.de/img/31174777/AIDaily.png

and 30min
http://www2.pic-upload.de/img/31174781/AI30min.png
Quoting UnnamedPlayr
This is how all imbalances within the 8 major currencies look like: Daily {image} and 30min http://www2.pic-upload.de/img/31174781/AI30min.png


UP, I've been reading about Deutsche Bank's $78 trillion derivative exposure. What are your thoughts?

http://www.zerohedge.com/news/2016-0...-deutsche-bank

How will that risk be hedged by the banks? Is this all a zero sum game?

How will this change the face of Forex trading if all the big dealers are badly hit?
Since "Bear Stearns" and "Lehman Brothers" everyone knows what happens if banks and their risk management fail.
Hi UnnamedPlayr !

Do they maintain the order queue of imbalance?
For example: There are 2 imbalances: Currency A and Currency B
Which imbalance happen first, say A, they clear A imbalance first then B?
Or they clear imbalance which happened recent, like clearing B first then A?

I got caught today, only get back some.
When you lose, I'm the loudest who laugh at your face )
If you take all imbalances from the EUR and USD currencies, then you get C

In order to balance them out, you have to trade A (EUR/USD) and B (all other currencies).

In the picture are some obvious examples:

http://www2.pic-upload.de/img/31195072/EURUSD.png
MANY THANKS FOR YOUR ANSWER, UnnamedPlayr!

Your answer was complicated for my lazy brain at bedtime.
It refused to work, so i gave me another ideas that resolve my current problems. Yay!

My answer for own question is which imbalance happens recent is cleared first (like stack structure, Last-In-First-Out)
When you lose, I'm the loudest who laugh at your face )
Hi UnnamedPlayr,

What should i take care when trading commodity currencies like CAD, AUD, NZD?

Does money goes out side of forex market to commodity markets?


Thank you
When you lose, I'm the loudest who laugh at your face )
Crude Oil and USDCAD is a big factor.
I haven't looked much into it but i would definitely trade in general from balance to imbalance cause the risk:reward goes from 1:5 to 1:8 and occurs more often.
Thank UnnamedPlayr.

I know it but i don't know how or where to put them in. I will be the observer for another week and go back to ask you.

I'm curious. Do you created your own app to detect imbalance? Or you only use MetaTrader?
Because MetaTrader have holes in bars, it affect the index calculation.
If you have your own app, i am really happy if you let me take a peek at it.
When you lose, I'm the loudest who laugh at your face )
Not only MT4 has "holes" ("missing data") in the bars, i've also seen and worked with very expensive software which couldn't even handle proper % calculations.
Instead they used normel pip or point-change.
The result was completely devastating.
MT4 or any other program is not the problem, it's the data.
You need (milli)second by second data 24/7 for every instrument no matter what even when some of them don't move or are closed for several hours.
Missing data causes these holes or lags in the calculations.
I'm aware of this and for the most time MT4 does an acceptable job, if you stay within the FX market and don't go too far back in history.

I've done several calculations to spot balance from imbalance.
To illustrate that in %:
if the price is 15% away from balance, you can max. win 15% (if price moves back to balance).
But if you keep trading on the imbalance, it often grows to 85%.
Now you can do the math and see the potential risk:reward.
That usually happens every day to a certain extent, especially when the US opens.
If the imbalance grows too big you will often notice interventions from (i guess) CBs to bring price "back".
Quoting UnnamedPlayr
Not only MT4 has "holes" ("missing data") in the bars, ...
I also think about running a data server but Dukascopy have high quality data from tick level. It also allows you to filter 'Flat' (flats will create holes), https://www.dukascopy.com/client/javadoc/com/dukascopy/api/Filter.html

Api Documents just in case you not aware of it
https://www.dukascopy.com/wiki/#IClient_functionality

Demo is 14 days and Real is $100 deposit for EU traders, $5000 deposit for me

Quoting UnnamedPlayr
I've done several calculations to spot balance from imbalance...
This is what i am doing currently. So i'm on the right track.

I asked to take a look at your trading app screenshot if you have one, but you give me more than that.

Many thanks, UnnamedPlayr
When you lose, I'm the loudest who laugh at your face )
That's what i mean:

http://www2.pic-upload.de/img/31333925/data.png

That's the case for instruments like Gold or Silver which lag the FX market on Sunday by 1 hour.
It adds up and any calculations that also uses precious metals will be distorted.
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