Enjoy
USD/JPY today. 05.05.2020
One more here guys
I LOVE TECHNICAL ANALYSIS,BUT I USE IT IN A DIFFERENT WAY
I think this will teach you something
Enjoy
USD/JPY today. 05.05.2020
One more here guys
I LOVE TECHNICAL ANALYSIS,BUT I USE IT IN A DIFFERENT WAY
I think this will teach you something
Make my living using TA , " Show me the chart & I will tell you the news "
A prime example of the value of TA was the EUR/CHF debacle of January 2015. 9/11 also comes to mind.
Yeah, TA is very ''powerfull ‘’ tool to use,it gives you ‘‘all’’ the information of that chart
I do believe I detect a hint of irony…
TA is certainly the prime tool I use, almost all my trades for years have been trend-following and that’s the area where I’ve had the more consistent and most impressive successes.
TA has limitations. Most new traders are misusing it, but is that really the fault of the tool, or is it down to the inexperience of the user?
inexperience of the user how to use it
Basically you’re saying go the opposite direction of the masses. Typically that’s true because most traders lack the experience required, and generally follow a series of indicators and signals to base their entries on. TA from higher time frames such as daily or weekly will give you a better idea and more concrete confirmation which direction price is headed long term. I don’t pay much attention to anything under 1D.
So isn’t that saying that TA is NOT the problem, rather the poor ways it is misused?
Look what a found for you guys. This is GBP/USD M30 chart, this trick they used on past month ,in april. Ahahahaha beautifull manipulation, freacking BEAUTIFULL
1-beautifull line for majority,they will sell at that line.
2-They show you that this line is working and you can keep selling it,but of course you wont get alot of points in your dirrection
3-Price comes back to that line,because they know you will trade it once again,you will sell it one more time,you can see that they intentionally stoped price there for few hours,so that everyone will get the momentum
4-They move price up ,of course,so that they can profit and you lose.
5-After they stoped you out,they bring price back immeditely ,and you will think that this is fake breack out
6-After price comes back in a fast way and people think this is fake breack out,they stop price so that people can sell it once again
Then of course they got stopped out. BEAUTIFULL MANIPULATION,BEAUTIFULL.NEVER SEEN THIS ONE BEFORE
My point is,for those who use Techinical Analysis,guys,how do you anticipate something like that?AHAHAHAHA
Haven’t got a clue if you’re right or not. But without TA, how would you have spotted this alleged manipulation?
And did you?
I wanted to trade that trick,but it took for them too long to accumulate their possitions from majority, i am scared when price stay on the same level for too long because i open alot of trades. There is no need to open positions in each and every manipulation. And yes you’re right without TA i could not see that
When i was younger (20) i keept asking myself why price goes up if everyone sell it now , or vice versa.The only answer i came up with was that TA was invented by them to make majority open in one direction ,so that the other side of those trades will be them,when majority buy, majority buy from them and vice versa. Now I know for sure that markets works this way.
Dont get me wrong, their trades are not oppened by them,but by the ROBOTS, in forex market you cant see that, but in stock market there are platforms that show you the other side of your trade, and you can see clearly that you sold or bought to bot . Those who trade stock market from platforms like volfix or ninjatrade see it perfectly
Nobody needed to invent a robot trader programme to take money from new traders. Most new traders think, “Price is up, I must get short. Price is down, I must buy.” They think this is TA and they dig up the most exotic indicators they can find ti justify their mistaken belief systems.
None of which makes the market a manipulated casino and none of which makes TA useless. We look at the same things in the market but you see what you want to see.
No matter what people say to me,i think i am right . I have evidence.
Look what they did today with USD/CAD= again tricked everyone
I oppened sell positions in the morning ,but i didnt open buy…
“They”? - Who?
I am sorry but you are asking too much
Your broker is one of them , but there are alot others
After 1 min i’ll delete those pictures,look at them faster
I think you’re taking in too much caffeine.
Actually when they intend to buy, they want retail to buy as much as possible so that they later can force them to sell ( stop loss ) and give them liquidity to open buy positions.
When all traders from one broker go sell positions,some brokers unite and open buy position on reall market,they do this because when you win you take money from broker,he wont allow you to do this easily. Brokers like Fxpro and Alpari are united between them and they always do this
You may believe me or not,but charts speack for themself