25 Comments

  1. This market turn over 5.3 trillon USD per day and in 3 to 4 days that reaches the total annual GDP of EU. The major part is generated in the US and Europe session. About 30% of that is exchange in Euro and USD and 500 mln. is 0.03% of a days trade in euro and usd. More than 95% of the turnover per day is not commercial exchange, it is speculation.

    This banker can hold power in a single or few minutes demand or supply with that amount, if we calculate an average and let 2/3 of the trade be in the US and Europe session. But that power can easily be reduced to zero, by others sitting with the opposite position, unless they coordinate it so the both benefit from it. ( It is not legal to coordinate the market), if not coordinated a lot of things could spoil the planning of this trader. Another bank could sit with the same amount for an opposite position or an Algo could catch the idea in a split second and spoil the idea. I agree we see those huge moves now and then, they are huge and with short lifespan, but could just as well be random as they can be controlled, One thing which tells me they may not be controlled is they happen in the busy US and Europe hours and if you really wanted to impact the market in a direction, you should do it during the Asia sessions where the turnover is much less and you would have much more power. We seldom see them there.

    I am not speaking on behalf on the major institutions I am just saying, I have never seen any solid proof that they are playing games in the market and control the supply and demand in coordinated efforts. Maybe a Bank trader could shade some light on the subject. I would listen very carefully to him. If they are not traders will ask, who is then doing it. There are to options randomness or Algos and I am not able to tell which one, but I am able to see that randomness can easily explain it. These jumps are easily absorbed in a yield distribution and their only presence is told in the tail of the distribution, which is so small a fraction of the overall that they are nearly invisible in the overall picture.

    Then I disagree with you when you claim that the currency market is a Random Walk with Levy effect. (Look up in Wikipedia for Levy distribution) it will require a heavy skewed yield distribution and I have never seen such a yield distribution in any analysis I have ever made on the major currencies. I have only seen normal distributions with very little skew when there are sufficiently many minutes in your sample. You may be able to create a local one over some few minutes and you may not, they actually play out with a lot of different ones on such short periods.

    You did not mention it, but the comments did. Some traders deny that there is randomness in the currency market and I give them that much, that it is nearly never or at least very seldom anyone tries to give that explanation in a clear scientific way. It is always lose statements and explanations with a picture of some mountains which they compare to the price charts and say they look like each other. You do not have to deny randomness, it is not spoiling your opportunities to trade, because the nature of it is exactly what you see in your charts. It is hidden to the naked eye and it does not stand out and shout randomness, but it is there and it can work in your favor or the opposite.

    I has always puzzled me why it is so forgotten and denied in the market, when it actually could give more market information and more clever decisions if it was recognized and used. In fact the word randomness may be a wrong word, it might be better to call it a systematic ruled based system which is difficult to forecast in the short run, but in the long run there is no doubt about how it performs. A months trading is enough to make it play out perfectly clear. It is a bit like a puzzle, you cannot see what it will become if you have only a few pieces assembled, but at some point, you start to see how it will look like when it is finished. Until then it is hidden to the naked eye what these pieces will add up to. However you can be very sure, they will add up to the full picture.

  2. how come you and me use the same fucking colors for trading I have the same fucking colors, just to make you little bit scare ill tell you something, I think we are connected and you are missing one important number i have besides the yellow which i think represents Rubik​ πŸ™‚ contact me. I know what represents the blue and the purple. dark blue and I also use white. You are missing the green one. Ive got the number.

  3. +Peter Brennan +Billy Everest, Thanks for the video, but it's been known for many many years and has been in the public realm and pubic knowledge that the big banks around the world influence currencies and there not the only ones, wasn't China influencing the market a few years back? It's only illegal if we get information from the inside and then trade with it, not for big banks and governments to in use it for there own benefit. All Banks and Governments work to together under the table it's a well known fact. You very rarely see anyone going to goal for fraud, corruption etc….. They either pay a fine and keep there job or they take a golden handshake and leave, Nothing New! Anyway keep up the video's Peter and keep helping the poor traders who are only trying to make few extra bucks.

    We all know forex trading is another form of gambling as everyone bets if the price will go up or down, and the Banks are the bookmakers and the Governments are the regulators who are so far behind the big players that they can't keep up and only act if something goes horribly wrong, For example? Financial Crash 2008.

  4. It's time to forbiden the forex to retail investores. It's a scandal the banks steal money worldwild and don't be punished. Those guys should be in prision. Millions of retail investors are scam by them. The market move allways against them no mather what they do, long short, low, high leverage. Forex is a scam, so should be forbiden and the bankers put in jail.

  5. Lol the market is definitely NOT random. I can predict moves well beyond them happening and Elliot wave isn't rubbish (unless you think all the institutions who use it are stupid)

  6. I trade both the 1 min and 5 min quite successfully and so do many other traders. I wish people would not tell others what they have the ability to do. It is like all of the people who kept telling Nikola Tesla that ac wouldn't work.

  7. Random?? Very lazy word and view
    Nothing random about the currency markets at all. That randomness you speak of is the market makers you are failing to see how they accumulate. That levi flight is the large speculators moving price and it will be done at specific times. Nothing random at all.

  8. Didn't finish watching so I can't say whether it is beneficial or not but thank you very much for breaking this down into easy concise steps to understand. Does this apply to other markets as well? Specifically NASDAQ and NYSE stocks.

  9. I've been using ElliotWave and harmonic patterns along with candlestick reading using an intraday tick chart. I risk 1-3% of my capital on any one trade as i scale in and out of my positions. I've been very profitable for years now.

  10. Trust the market is not random, by listening he does not really understand the market…Biggest tip I'm going to give is that M high W low..Market cycle don't listen ppl who don't understand institutions…traders please under market cycles that's my biggest tip for y'all..

  11. I wish these banks would alert me when they are about to manipulate the market. I trade the indicative on Nadex, so I wouldn't even be trading with them in the actual market… In other words, they don't need me to be on the opposite side of their trade because I'm only using Nadex. πŸ˜€

Leave a Reply

Your email address will not be published.


*