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  • #1,094,341
  • Mar 3, 2017 10:35am Mar 3, 2017 10:35am
Quoting Angelina
Watch for the across!!! 1.053xx would be a exit and wait for 1.058xx-1.6 then sell again. Could scalp long around 1.0525. It is Friday, I dont think we can see any big drop today !!! {image}
Closed at 1.0546. Placed an order @ 1.0585.
Good luck Traders !
I hate trading on Friday
  • #1,094,342
  • Mar 3, 2017 10:45am Mar 3, 2017 10:45am
Quoting fontu
{quote} ok target , hope get it as 1.0536 is perhaps minimum correction to limit down for up 1.0526 for next test 1.0580. Take care . fontu
Hmmm.
I wouldn't buy or anything.

Knowing Janet, and I do she'll say horrible things....
Euro 1.04 by Monday

I'm trading after her blabber. Will post....

Is she 1 hour talk or less??? hope it's less. Poor woman can't talk..
Beware of robber banks (RB), bad advisors.
  • #1,094,343
  • Mar 3, 2017 10:52am Mar 3, 2017 10:52am
My core thoughts about Market Manipulation

The forex market along all the other trading markets like the futures, stocks etc. are all managed by a huge network of institution or banking servers, domain controllers and on top of all some super speedy nanotech high-tech computers.

Then there are the regulatory(!) boards like NFA, FCA, ASIC, CySEC etc. who control if the broker is involved in fraud. I am sure there are also regulatory(!) boards who in theory regulate banks or market makers and even governments and their reserve banks etc etc..

But here is the trick: All these elements and also regulatory organizations are still interconnected on cyberspace and then if you look at them from a top to down approach, you can filter out the top few "powerful" countries, persons or groups that control all of them. I can easily guess USA, UK, Russia, China could be the countries of those big bosses but it could be any country.. not a big deal.. you got the idea.. and let's call them the big bosses..

What all these regulatory organizations or any government police can't do is this: "They cannot prevent or check any manipulation made directly on these supercomputer databases when the bigger bosses already made a deal with each other to keep those manipulations under the table. (casino style)

Now, when a broker or bank is involved in fraud sometimes they catch it sometimes they don't. And then when they got caught we read it on newspapers and get a relief and think aha so they really catch the bad guys. Wrong!!!!! Those news are only a show off to cover the real theater going on behind the scenes. Which is: manipulation of supercomputers!

Manipulation of supercomputers would theoretically require very smart algorithms that do very speedy changes in the market in the favor of the big bosses and then puts everything back into how it was but minus the losses that we retail traders or any affected party are facing.

And then all we, the news, finance advisors etc etc. can say is "oh it must be because of this.. or that" but nobody can explain why it really happened.. so we let that loss go since each of those million retail traders have a small loss and therefore it doesn't lead to huge critics.. We are okay with that small losses.. but overall the big bosses made huge amount of gains in total..

So to me.. since nobody can prove this kind of database manipulation I just mentioned, it still might exist and the worst part is "we absolutely can do nothing about it"!!! Period!!!

Those advanced super algorithms can detect the market behavior of the majority of traders and manipulate price by calculating the best scenario for those big bosses. (It is easy said but genius teams of MIT type coder teams could do that, God knows what else they already have designed that we don't know yet like alien technology etc.)

Once they know where price should be so they can have the biggest gain they would rise it without using money or liquidity at all, EXACTLY to their desired levels, to the tick, in no time or in slow time. This part is important: This kind of data manipulation doesn't require real money at all. It is just numbers. And as simple as I can put it, that means: They can do whatever they wanna do.

My friends. I believe that this kind of manipulation exists but I can't prove it. That is the only type of thing that I would call manipulation. Any other type you guys are talking about is air to me. I put all those theories of yours into the pod of "the nature of the market" and I don't think they harm me, us as much as the one I just explained.

The real fraud is the monetary computer system itself and it is harsh truth that nobody can do anything against the dirty fingers of the evil big bosses who sit in the very very very background.

My opinion.. my belief.. my theory..

Stay Green
Focus only on what truly matters!
  • #1,094,344
  • Mar 3, 2017 11:06am Mar 3, 2017 11:06am
Quoting Not-KPMG
{quote} Hmmm. I wouldn't buy or anything. Knowing Janet, and I do she'll say horrible things.... Euro 1.04 by Monday I'm trading after her blabber. Will post.... Is she 1 hour talk or less??? hope it's less. Poor woman can't talk..
good boy! ok 1.04 by next week perhaps but never think it by Monday, but can do 1.058 or around . Though I am not in any trade today or even Monday but will follow . take care , fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,094,345
  • Mar 3, 2017 11:09am Mar 3, 2017 11:09am
Quoting Windstrown
{quote} Beg for trump tweet
Yes it appears that my stops will more than likely be taken during speech anyway - would be a miracle if they aren't
  • #1,094,346
  • Edited 11:41am Mar 3, 2017 11:09am | Edited 11:41am
Quoting Ata-Turkoglu
That is the only type of thing that I would call manipulation. Any other type you guys are talking about is air to me. I put all those theories of yours into the pod of "the nature of the market" and I don't think they harm me, us as much as the one I just explained. The real fraud is the monetary computer system itself and it is harsh truth that nobody can do anything against the dirty fingers of the evil big bosses who sit in the very very very background. My opinion.. my belief.. my theory.. Stay Green

All possible Ata, if I had the power to access such a network, I'd have done the same. God knows, I would since I know I wont be caught or held responsible. There is only one reason I am trading, make loads of money. This is not a charity work. I spend hours in front of the screen, sacrifice so much. I want to be paid. Period.

Even if it is true, what else can I do? I dont want to own a cash & carry shop in East London. I am too young to retire and grow flowers in my backyard. It's what it is. If some super bosses can steal my money through their network, I am fine with that as long as they allow me to trade.

Look, you know what I fear most? I fear that some day and that day is approaching faster than I anticipated, they restructure this whole business. Turn it well organised, audited and REGULATED like the stock market. That's the day, I will give up trading forex. Imagine they take away the leverage tool say drop it to 1:10 max. It will die for retailers like you and me. I am glad to have a place where I can trade with the capital I have. As long as they keep it, I am fine.
  • #1,094,347
  • Mar 3, 2017 11:11am Mar 3, 2017 11:11am
I'm wondering is this will be one of the best events of the year to trade getting the squeeze or it'll be just average..

If yellen says rate wont be done this month, i think it'll spike down anyways and go up that would be a rly nice move to get ^.^still remember 2 years ago around this time there was a 5% up and down move unreal lol
  • #1,094,348
  • Mar 3, 2017 11:13am Mar 3, 2017 11:13am
Quoting Windstrown
I'm wondering is this will be one of the best events of the year to trade getting the squeeze or it'll be just average.. If yellen says rate wont be done this month, i think it'll spike down anyways and go up that would be a rly nice move to get ^.^still remember 2 years ago around this time there was a 5% up and down move unreal lol
I'm.sure 2 years ago nfp fridays used to produce 100 pip m5 candles... now they do about 70 tops
  • #1,094,349
  • Mar 3, 2017 11:16am Mar 3, 2017 11:16am
ok guys, put your hard earned money in. place your bets.

long looks attractive to me though. 1.06 is just within reach. might just close and reverse if it comes to that
  • #1,094,350
  • Mar 3, 2017 11:20am Mar 3, 2017 11:20am
Quoting Don96
{quote} I'm.sure 2 years ago nfp fridays used to produce 100 pip m5 candles... now they do about 70 tops
It was a very unreal squeeze though ^.^, btw don i'm taking that Ej short gamble but my order is set to trigger at 121.27 my GJ is open we'll see what happens, as for US pairs too risky im only short in AU right now because the trend broke and its a long term one
  • #1,094,351
  • Mar 3, 2017 11:20am Mar 3, 2017 11:20am
Quoting Connors
{quote} All possible Ata, if I had the power to access such a network, I'd have don the same. God knows, I would since I know I wont be caught or held responsible. There is only one reason I am trading, make loads of money. This is not a charity work. I spend hours in front of the screen, sacrifice so much. I want to be paid. Period. Even if it is true, what else can I do? I dont want to own a cash & carry shop in East London. I am too young to retire and grow flowers in my backyard. It's what it is. If some super bosses can steal my money...
It really is what it is. There is only one thing I could do based on this belief of mine and I did: I stopped coding Expert Advisors. many expert advisors work well in the beginning but then they start failing. And they fail very badly. Why? It is related with my theory. Once I saw clues in the expert advisors that I have written somehow could be analysed by supercomputer algorithms I never coded or used an EA anymore. They somehow are easily detected once they trade too successfully. The big bosses control who will be super rich and who will not. You might make a few millions. But they wouldn't allow anyone to make billions unless they see the same evil side in you that could collaborate with them. Scary huh? It is what it is!

Stay Green
Focus only on what truly matters!
  • #1,094,352
  • Mar 3, 2017 11:21am Mar 3, 2017 11:21am
Quoting Windstrown
{quote} It was a very unreal squeeze though ^.^, btw don i'm taking that Ej short gamble but my order is set to trigger at 121.27 my GJ is open we'll see what happens, as for US pairs too risky im only short in AU right now because the trend broke and its a long term one
Yeah I do have another level higher on EJ but I'm out atm so can't see it
  • #1,094,353
  • Mar 3, 2017 11:21am Mar 3, 2017 11:21am
Quoting hilmy83
ok guys, put your hard earned money in. place your bets. long looks attractive to me though. 1.06 is just within reach. might just close and reverse if it comes to that

Hilmy your PM is restricted, cant write anything to you.
I am begging you to reduce your lot size before Yellen, please mate! 24 lots is way too much for that account. It may be very brutal.
  • #1,094,354
  • Mar 3, 2017 11:25am Mar 3, 2017 11:25am
Quoting Connors
{quote} Hilmy your PM is restricted, cant write anything to you. I am begging you to reduce your lot size before Yellen, please mate! 24 lots is way too much for that account. It may be very brutal.
i like it brutal, i like the pain..mmmm

but seriously, i can close this and reverse like i said. I am tolerant to huge hits..around -50 to -70 pips..
  • #1,094,355
  • Mar 3, 2017 11:31am Mar 3, 2017 11:31am
Quoting hilmy83
{quote} i like it brutal, i like the pain..mmmm but seriously, i can close this and reverse like i said. I am tolerant to huge hits..around -50 to -70 pips..
Well said brother, you talked like a warrior.. But I am really curious, since you are much better in GBPUSD, why on earth are you puhing for EURUSD trades? Why not making easy money with GBPUSD and instead suffering with riskful EURUSD trades for warrior reasons? I take you to Disneyland if you enjoy roller coasters that much. LOL

Stay Green
Focus only on what truly matters!
  • #1,094,356
  • Mar 3, 2017 11:33am Mar 3, 2017 11:33am
Quoting Ata-Turkoglu
{quote} Well said brother, you talked like a warrior.. But I am really curious, since you are much better in GBPUSD, why on earth are you puhing for EURUSD trades? Why not making easy money with GBPUSD and suffering with EURUSD trades for warrior reasons? I take you to Disneyland if you enjoy roller coasters that much. LOL Stay Green
cause those bastards at CFTC changed the leverage on all GBP pairs to essentiall 1:10 leverage. believe me, i would NEVER moved away from gbpusd except for this reason. It was nice and predictable to me. but now i can't make scraps. a 30-50 pip move is like 1/3 of my profits on eurusd.

but EURUSD is one tough son of a bitch to trade. so i'm stuck being a US trader.
  • #1,094,357
  • Mar 3, 2017 11:33am Mar 3, 2017 11:33am
Quoting hilmy83
{quote} i like it brutal, i like the pain..mmmm but seriously, i can close this and reverse like i said. I am tolerant to huge hits..around -50 to -70 pips..

You are so close to a six digit account, can easily get there with three trade set ups. Why do you want to take such a massive risk? Anyway, your account your money. If I were you, I would reduce the position size to say 5-6 lots now and enjoy the show without any stress.
Good luck bud!
  • #1,094,358
  • Mar 3, 2017 11:35am Mar 3, 2017 11:35am
Quoting hilmy83
{quote} cause those bastards at CFTC changed the leverage on all GBP pairs to essentiall 1:10 leverage. believe me, i would NEVER moved away from gbpusd except for this reason. It was nice and predictable to me. but now i can't make scraps. a 30-50 pip move is like 1/3 of my profits on eurusd. but EURUSD is one tough son of a bitch to trade. so i'm stuck being a US trader.
I thought that happened only in the Republic of Turkey. Change your broker bro. Many brokers out there who don't give a damn for 1:10 rulings..

Stay Green
Focus only on what truly matters!
  • #1,094,359
  • Mar 3, 2017 11:49am Mar 3, 2017 11:49am
Quoting hilmy83
{quote} i like it brutal, i like the pain..mmmm but seriously, i can close this and reverse like i said. I am tolerant to huge hits..around -50 to -70 pips..
Good luck buddy! Huge bet, hope you crush it.
  • #1,094,360
  • Mar 3, 2017 11:50am Mar 3, 2017 11:50am
Quoting hilmy83
{quote} cause those bastards at CFTC changed the leverage on all GBP pairs to essentiall 1:10 leverage. believe me, i would NEVER moved away from gbpusd except for this reason. It was nice and predictable to me. but now i can't make scraps. a 30-50 pip move is like 1/3 of my profits on eurusd. but EURUSD is one tough son of a bitch to trade. so i'm stuck being a US trader.
6B, day margin $500, 24 lots eu = 38 6B contracts or $19.000 day margin and $104.500 to hold overnight.

If you step a bit down on lots you can still do it with pound.
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