I just realize as I finished babypips, how much more need to know and study…
So I would have a question to be answered…If any of you knows the exact statistics, or a place I can find it…
How many percent of the Forex market are the big fishes, banks, financial institutions, and how many percent is the consumers from private sector?
Which has more influence on the market the lot of small fishes, or the big fishes…
I found a consumer and a liqudity provider index, and of course shows opposite details, if I would know how many big fish and how many small fish are on the market in percentage and its influence which gives the main direction to go, I would be able to confirm the market direction for the day…
Basicly what I need the BIG FISH banks etc influence on the market %
I see you’re looking for that holy grail again I may not be giving the answers you want to hear, but you are over analysing again, it’s like by the time you will have arrived at your conclusions the market will have moved, much better to keep it simple as possible and really get to grips with that.
On this forum generally I hear that it’s the big fishes that will cause the big splashes in the price movements. Us small timers only cause the static you typically find when you see the price bopping up and down a pip or two within a trend.
And yeah, I agree with purple, you need to not over analyze stuff, you don’t need to know the exact %
Hands down, no questions asked, not even close and won’t be for a long time, the big funds and institutions drive the forex market. The volume of retail trading is so small as to be laughable, especially when you consider a lot of it doesn’t actually get into the inter-bank market where prices are determined.
As I am learning I have a lot of stupid questions and the only place I can ask is here…or pay out thousands for a forex training which I can not afford…