Searching for market patterns - page 113
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Thanks interesting..... it seemed like maybe ..... I wanted to stress the point that someone who owns an insider has to raise money - to collect a certain amount of sell or buy orders within a certain time . you can do it in different ways - wait for a couple of orders and sell or sell each new order (which is painful), but the time between each new order and its realization is short and i want to analyze this time cycle - please do not confuse it with tick volume, not tick increase in tick receipt
In forex, central banks or large funds, it's stocks.
we want to make an analysis of this cycle - please do not confuse tick volume - it's not an increase in ticks (as specialists wrote Figar0) who buy and who sells.
If you understand what you are analysing and look at the analysis results from the point of view of input data you will be correct.
Currencies, forex... What do you want with them? If your approach can justify itself somewhere, or at least allow you to conduct full-fledged research, it is only on the stock exchange, where you can see the actions of the players, there is a glass and real volumes. Doing such an analysis on Forex market is like a doctor making a diagnosis on the patient's picture.
I once spent a lot of time on these ticks, delays, distributions, crosses, majors.... It was little more than zero use. I've been trading according to the fashion of the time, while it worked, that's all. For making profit on forex ticks are not needed, or only as an auxiliary tool, a minute is enough, although I'm not even looking below 30M/1H)
In forex, central banks or large funds, it's stocks
(as Figar0 experts have written) some buy, some discount.
Can I cut a small paragraph from your personal message and comment it here? Or is it an intimate thing and it is better not to? I just agreed with one of your thoughts, but I was told on the forum that it is a flea fishing .... and here you are with about the same if I understood correctly ..... but the point is interesting and yet I have not tested it, so it is very interesting to discuss it.
On the peculiarities and classification of currency pairs in relation to the main forex currency, the US dollar. Which of them ally with whom and against whom.
About forex quotations against the American dollar/as the main world currency/are all other currencies in the world, whose rise and fall in such quotations depends:
1.on the strength or weakness of the American dollar at that moment .
2.on the strength or weakness of that national currency.
A strong movement in forex can only occur when currency pairs start moving simultaneously, breaking through each of their resistance levels;
GBPUSD is rising
EURUSD is rising
AUDUSD is rising
USDCAD is falling
USDCHF is falling
These pairs are not synchronously moving; one pair has started rising; the others are standing because none of them, even the Euro, can overcome the USD on its own if the National Banks of Canada, Australia and New Zealand do not adjust their rates against the dollar.Look where they will move their currencies against the dollar. And bet in the same direction.
Experts of Canada, Australia, Switzerland increase their quotes to the dollar with a difference of several seconds, feel free to 'buy' the euro and the pound against the dollar.
Tantrik
What is meant by the highlighted red in your opinion? And how to see or detect it? This is what I originally thought was correct but I don't know how to implement it as a curve yet.... but I've been told on the forum that it's flea fishing ..... which I don't agree with... except I guess we also need all the crosses that come out of the pairs with the dollar ...
Both are true. I guess you have to explain it by example.
Looking at the section between the vertical lines. Was it possible to trade EURGBP there? Probably yes. And if I, for some reason, which I cannot even think of, always trade only this pair and nothing else, why should I overload my mind with other pairs, the analysis of which will not give me anything but extra work?
Why should Itrade this pair when there is USDCHF for example?
All you see in your picture and the highlighted words is that you say that the multi-currency analysis is needed for making more profit, but without it you make less profit, but you don't lose too, which is amazing. (I meant a profit can in principle only be with multi-currency analysis, in any other case, sooner or later will be lost) ...... I am referring to your question
One needs it for greater profit but you may also live without it or else
2 - it is a panacea and a profitable TS is impossible without it....
So far, from your words I see the first, but others suggest the second ..... What do you think? ...... they both have very promising images and very controversial views on multicurrency, that can't help but confuse your brain (I personally agree with the second one).
I think it is clear from your picture and the highlighted words that you say that multicurrency analysis is needed for making more profit, but without it you seem to get less profit, but still you won't lose too much. (I meant a profit can in principle only be with multi-currency analysis, in any other case, sooner or later will be lost) ...... I am referring to your question
1 - is it necessary for higher profits but you may also live without it or is it a panacea?
2 - it is a panacea and a profitable TS is impossible without it....
so far i see the first one, but others talk about the second one .... what can i believe? ...... they both have very promising images and very controversial judgments about multicurrency, that can not help but confuse the mind (i personally agree with the second one so far)
Is it so important for you to know if it is possible to make profit without multicurrency analysis? Why? To make a TS without it, although it's better with it? Or to make your TS only on the basis of multicurrency, and not to deal with other questions?
I do not have the exact answer to this question. I think it is possible. But I don't know why.
Multicurrency analysis can make many plum systems profitable. Perhaps that is why many people think that it is impossible to make money without it at all.
Many cannot explain at all what TS is and what exactly it should do. I think TS should answer 4 questions: 1) what 2) when 3) in what amount 4) buy or sell. Without multicurrency analysis I don't know how to answer the 1st question. So it will be at best 75% of a normal TS. Maybe 75% will be enough to make some profit, some people trade without analysis, some without charts and some without brains. If you make a grail that is never wrong at all, you won't need multi-currency analysis, money management or anything else.
On the peculiarities and classification of currency pairs in relation to the main forex currency, the US dollar. Which of them ally with whom and against whom.
About forex quotations against the American dollar/as the main world currency/are all other currencies in the world, whose rise and fall in such quotations depends:
1.on the strength or weakness of the American dollar at that moment .
2.on the strength or weakness of that national currency.
A strong movement in forex can only occur when currency pairs start moving simultaneously, breaking through each of their resistance levels;
GBPUSD is rising
EURUSD is rising
AUDUSD is rising
USDCAD is falling
USDCHF is falling
These pairs are not synchronously moving; one pair has started rising; the others are standing because none of them, even the Euro, can overcome the USD on its own if the National Banks of Canada, Australia and New Zealand do not adjust their rates against the dollar.Look where they will move their currencies against the dollar. And bet in the same direction.
Experts of Canada, Australia, Switzerland increase their quotes to the dollar with a difference of several seconds, feel free to 'buy' the euro and the pound against the dollar.
Tantrik
What is meant by the highlighted red in your opinion? And how to see or detect it? This is what I originally thought was correct but I don't know how to implement it as a curve yet.... but I've been told on the forum that it's flea fishing ..... which I don't agree with... except I guess we also need all the crosses that come out of pairs with a dollar ...
Tantrik
Where did you read these thoughts or maybe you know their author ... there is something to discuss
Tantrik
Where did you read these thoughts or maybe you know their author ... there is something to discuss