Yes it is image

Cable Update (GBPUSD)

All of this price movement before London opens is meaningless.

Cable Update (GBPUSD)

Update on the close, squeezed out 110 pips, could have done 150 pips, im getting old. image

Cable Update (GBPUSD)

Today was straightforward, just follow the money. image image

Cable Update (GBPUSD)

No they didn't, who's 'they' anyway? If you short AUD for that much on the spot market at a given time, it will crash all the pairs.

AUD/USD

Easy daytrade today. image

AUD/USD

Hi RickM, I've made a big post using GBPUSD chart as an example of how the market functions using supply and demand. I believe I've made several posts in this thread discussing those concepts, but if you need any more discussions or elaborations I'd ...

Real or Algo

There are algos of course, their job is to absorb the orders and fill in the most efficient way, but there is nothing in their code that grinds for stop losses, it's just a function of price discovery rather than some inherent market malevolence.

Real or Algo

Supply and demand is a more comprehensive concept than support and resistance, I've explained in another post how it becomes a problem when you rely on invisible walls as S/R like what is being taught to the general public. Because of that, you will ...

Real or Algo

Once you release yourselves from the magical ideas of support and resistance, none of this algo nonsense matters. This is just price discovery, there is nothing special to it, and you can definitely capitalize on it. So if you know what to look for, ...

Real or Algo

Imaginary crooks?

Cable Update (GBPUSD)

The London banks are taking your positions, the buys have been made, follow the money.

Cable Update (GBPUSD)

Trades from yesterday and today, sweep the lows, break the highs, retest order block, price expansion. Simple stuff. EUR/AUD image image USD/JPY image image NZD/CHF image image EUR/GBP image image image

Real or Algo

My understanding was that it is the discussion in this thread, an algo, or group of algos operated by market makers to manipulate the market by creating a false sense of security in order to gather stops of market participants. Correct me if I'm ...

Real or Algo

Hi RickM, thanks for the compliment, the foundation I have laid out is applicable across all timeframes. You will see the pattern I have described above for the same reasons, only on a smaller scale, yet the principles are unchanged, I have given ...

Real or Algo

We all have our frameworks for how the market operates, and all are to be respected. I have provided mine, and I have given the solution with explanations for why the market is not algo driven, and how are the movements in price are explained by ...

Real or Algo

Sure, I mainly use 3 tools in my analysis 1) Basic supply and demand 2) Price action 3) Common sense That's all you need. Step 1 is to define the market participants, it is a spectrum, but I will break them down to 3 tiers for simplicity 1) Retail ...

Real or Algo

I still don't understand all the algo talk. If you go to a chart on SP500 or US treasuries or any other market for that matter, you will see the same patterns emerge every time, these markets, like FX, are NOT controlled by algos. That's just a ...

Real or Algo

I think what it comes down to is not algos. Algos are not a big part of the market on one hand, and their role is not to create traps for retail to fall for. You have to remember that retail traders, especially the ones that fall for such 'stop ...

Real or Algo

Predictable. Not an algo. We need to make this distinction, this is supply and demand, retail vs wholesale.

Real or Algo