I wish to set a fact straight here in this thread....
After reading the starter's thread... COMPUTERS ARE REGULATING THE ORDER FLOW, dealing desks are minor... AND "FEW MARKET MAKERS ARE ACTUALLY MM'S."
Stop making a demon...out of what is no longer...existing...Market Makers. If Central Banks see currency devaluation, it's going to lower.
It's that simple, no market makers. If stunts are taking place, too many retail traders are in the flow, and they will hunt their stops to gain their contract.
It's not MM, it's just near-term business for Central Banks representing wealthy families.
The market makers are families with a lot of wealth, in exchange for serving...to provide liquidity.
If they are buying, they will employ buying sequences....and if providing liquidity, saturating a market with supply to lower prices.
VOLUME is not a solid indication, if what direction they are offering.
Please be monitoring value off higher time frames, as they speak better scalping profits than 1 or 5-minute charts.
To give up 30 pips to make 150 pips is much better than risking 20 pips to gain 5-20 pips... the latter is for new traders, the former is for the mature seasoned.
https://gyazo.com/2a2e864dcdea54b81b7fc1108cafb6e8
https://gyazo.com/6d3677c7fe9fd10d4be2633c2307eeb1
I hope this helped someone.... to mature, learn, enhance skills.
Become the trader you are to be, find your trader consciousness, not a cookie cutter skill set.
After reading the starter's thread... COMPUTERS ARE REGULATING THE ORDER FLOW, dealing desks are minor... AND "FEW MARKET MAKERS ARE ACTUALLY MM'S."
Stop making a demon...out of what is no longer...existing...Market Makers. If Central Banks see currency devaluation, it's going to lower.
It's that simple, no market makers. If stunts are taking place, too many retail traders are in the flow, and they will hunt their stops to gain their contract.
It's not MM, it's just near-term business for Central Banks representing wealthy families.
The market makers are families with a lot of wealth, in exchange for serving...to provide liquidity.
If they are buying, they will employ buying sequences....and if providing liquidity, saturating a market with supply to lower prices.
VOLUME is not a solid indication, if what direction they are offering.
Please be monitoring value off higher time frames, as they speak better scalping profits than 1 or 5-minute charts.
To give up 30 pips to make 150 pips is much better than risking 20 pips to gain 5-20 pips... the latter is for new traders, the former is for the mature seasoned.
https://gyazo.com/2a2e864dcdea54b81b7fc1108cafb6e8
https://gyazo.com/6d3677c7fe9fd10d4be2633c2307eeb1
I hope this helped someone.... to mature, learn, enhance skills.
Become the trader you are to be, find your trader consciousness, not a cookie cutter skill set.
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