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Bank Currency Strength

  • #41
  • Mar 2, 2017 6:52am Mar 2, 2017 6:52am
I think so Jai posted some screenshots where u could see his lot sizes, when he started posting about this method in some other thread. In that he also wrote about his SL/TP
  • #42
  • Mar 2, 2017 7:22am Mar 2, 2017 7:22am
JayRai,

I sent you a PM. Thank you in advance for your reply.
  • #43
  • Edited 8:14am Mar 2, 2017 7:42am | Edited 8:14am
Seriously guys ? Wake up..
That is the smartest way of the get scam people..

Making a Simple Indicator by drawing lines around ROUND NUMBERS, psychlogic levels , So yeah they will look beautiful..


Then tell people you have agreements with banks to access their orders.. (Seriously ? )
And Open a Tread like user of it , And claim u are succesful so then victims will run in..

Ask yourself. A Billion $ Managers will reveal their orders even while succesful retail doesnt want to ?!?

Send this thread thrash , ban this clown.

Even my grandpa will call better S/D , S-R / Round number zones.

This lines simply placed like :

100.000 (10-50 pip more or less)
99.500 (10 -50 pip more or less)
99.000 (10-50 pip more or less)


YOU WARNED PEOPLE , Stay away.
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Take it easy.
  • #44
  • Mar 2, 2017 8:14am Mar 2, 2017 8:14am
One bank has set a sell limit order for u/j and buy limit for e/j for the short term .. does this affect the currency strength analysis if another bank does the same or is it just a way to get to a pullback
  • #45
  • Mar 2, 2017 8:18am Mar 2, 2017 8:18am
Quoting Quants
Seriously guys ? Wake up.. That is the smartest way of the get scam people.. Making a Simple Indicator by drawing lines around ROUND NUMBERS, psychlogic levels , So yeah they will look beautiful.. Then tell people you have agreements with banks to access their orders.. (Seriously ? ) And Open a Tread like user of it , And claim u are succesful so then victims will run in.. Ask yourself. A Billion $ Managers will reveal their orders even while succesful retail doesnt want to ?!? Send this thread thrash , ban this clown. Even my grandpa will call...
Wouldnt the point of ROUND NUMBERS, psychlogic levels S/D , S-R / be to align your entries to big money?

So it makes sense to see entries at those levels..right?
Dragon Rider
  • #46
  • Mar 2, 2017 8:19am Mar 2, 2017 8:19am
Quoting JayRai
BANK CURRENCY STRENGTH Welcome to my thread! Here i will explain how i use bank positions to setup trades. But first, i have to say that it is a challenge not mentioning any paid services. I was warned already. I do respect and understand that. This will keep the existing gap between retail traders and 'the rest' in stand, unfortunately. So, please keep in mind not mentioning any paid services in this thread. Sorry for this inconvenience. Keep the thread positive. If you do not like my method, just skip it. I am sure there are thousands of other...
Hello Jay Rai,

Kindly share your views on these:

1. A rudimentary question:

Example:

Attached Image


Above AUDCHF there was a sell order;

so we assign -1 to AUD and +1 to CHF

Similarly EURUSD there were 6 Sell Orders; we assign -6 to EUR and +6 to EUR and so forth? and get the final count?

2. Pending Orders:

What is the significance of Pending/Limit orders. Do we use the open pending or Limit orders in the strength or weakness of calculation?

3. Exit/Profit Taking: You mentioned the following

"As for profit taking, i close trades whenever banks are pulling out or tighten their trades (TP, SL)."

As an example: When we enter EURUSD there were 6 open positions. For how many number of banks, need to pull their trades before we exit?

In the above case, do we exit even if 1 out of the six are closing their positions? Similarly, For how many number of banks, need to tighten their trades (TP, SL) before we exit?


Thanks in Advance
  • #47
  • Mar 2, 2017 8:24am Mar 2, 2017 8:24am
Quoting barloc
{quote} Wouldnt the point of ROUND NUMBERS, psychlogic levels S/D , S-R / be to align your entries to big money? So it makes sense to see entries at those levels..right?
I guess I have been clear enough that you cant see the Orders... They are faked by the provider service and its just a trap for newbies...
And very high probabilty the user of this tool claims he succesful by just using this... Is liar and have connection or benefits from this service..

I guess I made 2 clear posts..

If you want to analyze something , Get the COT Data.
Master on technical analysis and after you can ask yourself , Whether it makes sense to see "ENTRIES" At those levels.

Entries of whom ?
They are not entries , Thats the illusion created by the providers of it just to make you buy or get attracted of their service.
That is my last post on this subject and this thread reported..
Take it easy.
  • #48
  • Mar 2, 2017 8:28am Mar 2, 2017 8:28am
Hi Quant.
I think JayRaj shows the exact positions of some banks, and I am sure that he bought from efxplus.com, third-party website of Oanda .
Maybe he's trying to sell his product, but better he move it to commercial content
I think it is also good to mention, it helps the trader to access methods other and understand market trends and why we losses. And if we want to make money, we must pay tuition.
Cheers
  • #49
  • Mar 2, 2017 8:29am Mar 2, 2017 8:29am
Quoting Quants
Seriously guys ? Wake up.. That is the smartest way of the get scam people.. Making a Simple Indicator by drawing lines around ROUND NUMBERS, psychlogic levels , So yeah they will look beautiful.. Then tell people you have agreements with banks to access their orders.. (Seriously ? ) And Open a Tread like user of it , And claim u are succesful so then victims will run in.. Ask yourself. A Billion $ Managers will reveal their orders even while succesful retail doesnt want to ?!? Send this thread thrash , ban this clown. Even my grandpa will call...
Jay Rai made it clear that one can use a service of their choosing. The question has been asked and answered.

I want to pin point that Jay Rai is talking about a trading approach VS the scarcity factor that comes with any specific Indicator (or) Trading System (or) EA/Trading Robot...

People can do their own due diligence from the number of tools that are available and choose the one that supplements this approach...

Thanks
  • #50
  • Edited 9:52am Mar 2, 2017 8:39am | Edited 9:52am
Quoting Antony_sg
Hi Quant. I think JayRaj shows the exact positions of some banks, and I am sure that he bought from efxplus.com, third-party website of Oanda . Maybe he's trying to sell his product, but better he move it to commercial content I think it is also good to mention, it helps the trader to access methods other and understand market trends and why we losses. And if we want to make money, we must pay tuition. Cheers
No, You are delusional Or too naif.
Stop protecting me scams.
The link you shared is another scam one which got the "Oanda" word in the same domain.

Do you think you made something wise by sharing another Fake Link that claims it have connection with OANDA ? while its not.
Show me one Directional adress to your "scam adress" from Oanda's page. You cannot they are 3rd party fake domains.

You should be banned aswell for sharing this.


If you are not educated or mastered enough to understand that
I repeat last time. You cant access to bank positions stop Wrongly navigate other people here.
There are hundreds of this.

As i said , I made my warn. Take it or leave it there 3 Posts about it.

PS:
Now this guy blocking the people who reaveals the truth..
He doesn't even know about the purpose of the order book services which is totally different from the stuff mentioned here.
As he blocked me I Cant post any more..
I just edit my last post
There will be no more warnings about the circus going on here
admins should take care of it afterall


Take care !! Im done.
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Take it easy.
  • #51
  • Mar 2, 2017 8:57am Mar 2, 2017 8:57am
Quoting Quants
Seriously guys ? Wake up.. That is the smartest way of the get scam people.. Making a Simple Indicator by drawing lines around ROUND NUMBERS, psychlogic levels , So yeah they will look beautiful.. Then tell people you have agreements with banks to access their orders.. (Seriously ? ) And Open a Tread like user of it , And claim u are succesful so then victims will run in.. Ask yourself. A Billion $ Managers will reveal their orders even while succesful retail doesnt want to ?!? Send this thread thrash , ban this clown. Even my grandpa will call...
Hmm Finally the truth... i was talking nonsense here... hmmm banks share there positions for a couple of dollars...

P.S. Banks , In.Traders, Hegde Funds they dont open one position like the retails they build there positions...and there is no reason for them to sell that info!
  • #52
  • Mar 2, 2017 9:05am Mar 2, 2017 9:05am
I do not want to interfere, but I do not like how you sell the air for beginners and confuse their minds. Stop that!!!
trend is your friend?
  • #53
  • Mar 2, 2017 9:25am Mar 2, 2017 9:25am
Quoting Quants
{quote} No, You are delusional Or too naif. Stop protecting me scams. The link you shared is another scam one which got the "Oanda" word in the same domain. Do you think you made something wise by sharing another Fake Link that claims it have connection with OANDA ? while its not. Show me one Directional adress to your "scam adress" from Oanda's page. You cannot they are 3rd party fake domains. You should be banned aswell for sharing this. If you are not educated or mastered enough to understand that I repeat last time. You cant access to bank positions...
Wouw. What a hate. Please do not mistake my kindness for weakness. Sorry to see that. I think you must have been hurt big time. Did you got scammed?
But i have a solution to that. Actually, it is a, relative, cheap solution.
It will cost you 3600,- in total to heal yourself. Rent the Bloomberg terminal with the orderbook plugin. Check also the CTA's while you are using the terminal. A small gift/tip there. Then come back and apologize. Maybe i will accept that.
Or do they lie as well? And all the service providers are actually owned by Warren Buffet?

Anyway, i didn't expect so much hate in this forum. Or is this the reason why there will always be a gap for retail traders?
I did my best to share my knowledge with honesty and respect to others.
  • #54
  • Mar 2, 2017 9:27am Mar 2, 2017 9:27am
How about that ef*** service? That looks pretty damn legit, they offer free trial for anyone, you don't need to use paypal, website looks really nice. I can't imagine that being a scam and fake positions.
  • #55
  • Mar 2, 2017 9:29am Mar 2, 2017 9:29am
Hey, can you share this indicator ??
  • #56
  • Mar 2, 2017 9:37am Mar 2, 2017 9:37am
If you agree with Jayrai's system, you can kindly stay away, didn't force anyone to subscribe in d first place..Pls keep helping us Jayrai..
  • #57
  • Mar 2, 2017 9:48am Mar 2, 2017 9:48am
Jayrai,
I am a junior member because I have never posted since becoming a member in 2013. I tried earlier today but it was not approved apparently. Anyways, I am living your life too...I am 3 yrs into this dream......lots of strategies and thousands of dollars later......I have arrived at what works here. I signed up for the free trial..... E..pl..already and its, like you stated repeatedly, not about blindly copying trades of the big guns but to use that edge/information and try to make it count. To some it will work and to some it will not....and to some...like we see already.....nothing is god enough.....they just want the golden eggs! Do not give up!
  • #58
  • Mar 2, 2017 10:06am Mar 2, 2017 10:06am
Quoting Quants
Show me one Directional adress to your "scam adress" from Oanda's page.
http://marketplace.oanda.com/products/efxplus
  • #59
  • Mar 2, 2017 10:11am Mar 2, 2017 10:11am
Quoting JayRai
{quote} Wouw. What a hate. Please do not mistake my kindness for weakness. Sorry to see that. I think you must have been hurt big time. Did you got scammed? But i have a solution to that. Actually, it is a, relative, cheap solution. It will cost you 3600,- in total to heal yourself. Rent the Bloomberg terminal with the orderbook plugin. Check also the CTA's while you are using the terminal. A small gift/tip there. Then come back and apologize. Maybe i will accept that. Or do they lie as well? And all the service providers are actually owned by Warren...
First of all, sorry with my english!

I respect the one who wants to help, "not for their own benefit." Just my opinion: daily forex turnover is about 4-5 trillion, and to intervene in the prices banks are needed billions, but they have these billions. Their positions are very large and considered by the most intelligent people, and you think that they will share this with everyone? and even for money?
trend is your friend?
  • #60
  • Mar 2, 2017 11:16am Mar 2, 2017 11:16am
I just now checked the thread and see that it's moved to the commercial section...

So the upside is, I think we could discuss the services that are available to gauge the bank's positions?
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