The fast moves, the slow moves, the up moves, the down moves, they are all caused by randomness. Don’t be fooled by it. Some bank employee took a shix then placed an order and because he didn’t place the order before stinking up the water closet his order correlated with another big order and the two simultaneous orders pushed the market 40 pips. It would have only been 30 pips but some orders that would have slowed it down were not placed until after a smoke break at another firm. A big news event drops at another time and thousands react quickly and make the market move big in a short time. There is no secret conspiracy to it all. It is random human existence.
If you’re looking on technical analysis then fast movement in the market usually happens after sideways condition for long time and the starting point before fast movement is doji candlestick or hammer candlestick or harami candlestick. So there are pattern of candlestick which became signal before fast movement. But if you’re looking on fundamental analysis then you will find out that fast movement in the market is happening when there is high impact news appearing so you can read on economic calendar in news site to make preparation.
Bearish, thats wrong and you know it. Techically there is no way to detect the fast moves the OP is talking about. The only hint will come from a widening of the spread. Why because these fast moves come from lack of liquidity and the MM’s open the spread to entice buyers n sellers back into the market. Again fundamentally we all know the effects of news. But again these moves occur not because of large amounts of money being thrown at the markets but because many smaller lots are being offerred to test the levels.
And always remember that the money thats traded is traded for reasons other than speculation. Banks have to balance books, business repatriate cash. Governments setting price pegs and so on. We have no way of measuring or understanding these processes so why bother.
I’m sure you’re a nice fellow, but you’re saying things that you have no idea about. You don’t understand how to read charts from a certain perspective, so you just dismiss it. You are plain wrong. Below is a chart of todays EU taking out stops. ICT students were expecting this to happen and had the area marked ahead on out charts. WE DO HAVE WAYS OF UNDERSTANDING THESE PROCESSES.
Thats got nothing to do with the markets taking out stops bro and you know that. Thats simply the markets reaction to Draghi chit chat last night. Sometimes the simplest answer is the right answer. Again as speculators we simple have no idea why the market players are buying or selling.
OK guys, I mentioned spoofing way back early in the thread.
Spoofing is manipulation, it is only illegal if you cannot prove that changed your orders for a reason other than to just simply get a better price by fooling other market participants. So manipulation per se is legal, for example you anticipate good news and place sell orders - you are manipulating price down, on the news release your computer duly pulls your sells and makes a much larger buy, perfectly legal and usual.
So price is heading yet again within a channel to support, you place the spoof sells, down goes price below the support, the breakout sells and the stop sells of already longs all get hit this adding to the momentum.
But your order was a spoof, quickly pulled and in goes your real order for a big buy - neat or what?
That is how stops get sweeper, want to see it in action over 60 seconds? - have aa wee look here.
Should have added, some spoofers are good, the UK guy recently in the news claims in his defence that he is good at his job, so when you think about it, what would a guy who is good at his job look for?
