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- GEfx replied Mar 15, 2022
Hi BWilliam, I am not sure what you mean by changing the rhythm of the GU. However, it is the only pair out of 14, that made it through my selection process on the first pass, at least to this point in the morning. Hope you are well and good trading ...
Flying Dutchman
- GEfx replied Mar 14, 2022
Hi BWilliam, I've been away for a few weeks but stopped by this evening and read your post. I did not "know" at the start of trading day that those 2 moves would develop. I do not know what PA will look like 4 hours into the trading day. However, ...
Flying Dutchman
- GEfx replied Feb 22, 2022
I don't want to speak for BWilliam, but he and I were circling the two points you brought up in the above comment. IMHO, one factor in the failure rate of forex traders is the lack of knowledge of the market they are trading. Another factor is an ...
Flying Dutchman
- GEfx replied Feb 21, 2022
Hi BWilliam, I spent the morning writing rather than working charts. It is a bank holiday today in the USA, with Putin threatening to run his tanks across Ukraine as a reminder that political risks can force a market to hold its breath. Let's see if ...
Flying Dutchman
- GEfx replied Feb 21, 2022
Hi BWilliam, I often talk about how central banks and the top tier banks are in control of the forex. They are the "big boys" in the market. Collectively, they establish structure and set the narrative. But they are not at the center of the forex ...
Flying Dutchman
- GEfx replied Feb 13, 2022
IMHO, when you begin to view PA moves as intent, you are better prepared when there is follow through, rejection, or a pause to consider. All are proper forms of communications and are factors in managing trades, taking trades, or cutting losses ...
Flying Dutchman
- GEfx replied Feb 13, 2022
Let me add another piece of the puzzle to add a little more clarity to PA: options expiry during the NY session. It's a good idea to keep an eye on options expiry during NY, and pay attention to PA if the strike is close or reasonably close. Bankers ...
Flying Dutchman
- GEfx replied Feb 13, 2022
Here is some food for thought as you work through this discussion. The majority of forex transactions are forwards and swaps. These contracts contain pre-arranged exchange rates, and banks are incented to come as close as they can to hitting those ...
Flying Dutchman
- GEfx replied Feb 8, 2022
Then you missed the point. CT stated that he knows this information, so there is no need the repeat it here. He was just testing me. I'm not here to hand out my research to people. This particular information is easy to find, but takes time. It ...
Is forex education misleading or everyone is stupid?
- GEfx replied Feb 8, 2022
So, you do not know the link between option expiry and forex PA during the NY session?
Is forex education misleading or everyone is stupid?
- GEfx replied Feb 8, 2022
Market structure refers to how central banks differentiate their economies in relations to other economies. It is the way economic value flow to and from various economics, as represented by the value of their currencies, in the medium and long ...
Is forex education misleading or everyone is stupid?
- GEfx replied Feb 8, 2022
You've got to be kidding me!
Is forex education misleading or everyone is stupid?
- GEfx replied Feb 8, 2022
Your first comment lacks relevance. Your second comment is a serious indication that you do not understand the forex. And I have no idea what you are trying to say in the third grouping above. The comment regarding investment market is stunningly ...
Is forex education misleading or everyone is stupid?
- GEfx replied Feb 8, 2022
I explained that in my last post. Central banks are the most important element in the forex.
Is forex education misleading or everyone is stupid?
- GEfx replied Feb 8, 2022
I did not infer that the banks' business is to just manipulate. I can't control what you imply, but that is incorrect. As for who the big boys are in the forex, banks are, indeed the big boys in day-to-day operations, but the gods of the forex ...
Is forex education misleading or everyone is stupid?
- GEfx replied Feb 8, 2022
You made the decision to ignore the post that would help you with your questions. Your questions reflect your misunderstanding of the forex, especially how the big banks operate, how they work, what they do, etc. Manipulation does not occur to ...
Is forex education misleading or everyone is stupid?
- GEfx replied Feb 8, 2022
You should not ignore it. I just told you how to find the answer to some of your questions. Ignore at the risk of remaining ignorant.
Is forex education misleading or everyone is stupid?
- GEfx replied Feb 8, 2022
Since I've read what they say about it, I know the answer to your question is no. At least not their speculation. But they do make a lot of money speculating.
Is forex education misleading or everyone is stupid?
- GEfx replied Feb 8, 2022
I just checked my notes and can confirm that I have bank stats for 7 of the big banks. You, too, can have this information, if you just make the time to go get it. I will not help you by just presenting you with the information that took me time to ...
Is forex education misleading or everyone is stupid?