Who still believes that the forex market is submitted to technical analysis? - page 2

 
prostotrader:

It is not about price formation but about counterparties, i.e.

You do not trade on the Exchange with a DC computer, but with a real person (firm, bank)

Added

In the exchange, any order or transaction can be checked.

If you do not know who makes the price, it is the bank or the ... And in forex, the price is not made by a dealing center computer as they sometimes say, you can always open and compare prices in different dealing centers and there is enough of them, the prices will be identical.

So there is no difference against whom to trade, in both cases the participants are the same - banks, funds and individuals.

 
Maksim Neimerik:
Who still believes that the forex market is served by technical analysis?

Я.

It is one thing to believe in it, it is another to be able to benefit from it.

 
Vitaly Muzichenko:

It makes no difference who sets the price - a bank or ... At the same time, in forex, the price is not set by a DC, as it is sometimes written, you can always open and compare prices at different dealing desks, and there are plenty of them, the prices will be identical.

So there is no difference who to trade against, in both cases the participants are the same - banks, funds and individuals.

Stay in your pleasant delusion ... :)

 
Vitaly Muzichenko:

It makes no difference who sets the price - a bank or ... At the same time, in forex, the price is not set by a DC, as it is sometimes written, you can always open and compare prices at different dealing desks, and there are plenty of them, the prices will be identical.

So there is no difference who to trade against, the participants are the same in both cases - banks, funds and individuals.

in forex, the price can easily be formed by the kitchen - and there is no substance with which to check the price

NOT ALWAYS

 
Yuriy Zaytsev:

on the forex market, the price can easily be formed by the kitchen - and there is no substance with which to check the price

What's wrong with Yahoo Finance?
 
denis.eremin:
Yahoo Finance does not suit you?

The question is not about what suits me or not.

Every brokerage company has its own quotation provider, moreover every brokerage company puts and sets its own filters on quotations protecting from "fuzzy quotes" and sharp spikes, in case you didn't know :-) ,

The price of a particular brokerage company at a particular time will not even coincide with the quotes provider, not to mention the neighboring kitchen, or whatever Yahoo Finance- on which dealing, forgive the vulgar slang, does not give a shit.

And a trader may try to ask Yahoo Finance or even NYCE, forex dealing - the kitchen will send him packing, referring to internal kitchen documents, which traders rarely read.


And when trading through a broker on the MICEX or SPX, the broker will not be able to bribe a trader :-) since these quotes are just a benchmark for all brokers connected to SPX or MICEX.

 
Yuriy Zaytsev:

The question is not about what suits me or not.

Every brokerage company has its own quotation provider, moreover every brokerage company puts and sets filters on quotations to protect from "fuzzy quotations" and sharp spikes, in case you didn't know :-) ,

If you do not know about it :-) , and the price of quotes for a specific brokerage company at a specific time will not even coincide with the quotes provider, not to mention the neighboring kitchen or Yahoo Finance- Dilling does not give a shit about it.

)))

1. The question is not about the difficulty of dealing with defecation, but about the fact that"there is no substance with which to check the price". The answer is there is substance.

2. "Different suppliers of quotes", "filters", "mixing quotes from different suppliers for better quotes for our clients" are all excuses for DC to justify non-market quotes at certain times.

 
denis.eremin:

)))

1. The question was not about the difficulty of the defecation process of dealing, but about the fact that"there is no substance with which you can check the price". The answer is there is substance.

2. The "different suppliers of quotes", "filters", "mixing quotes from different suppliers for better quotes for our clients" - these are all excuses of dealing houses to justify non-market quotes at certain times.

you are naive or you have no idea how forex works

there is no benchmark for quotes in forex.
 
Yuriy Zaytsev:

You are naive, or you have no idea how Forex works.

there is no benchmark in forex.

It is imperative that the quotes in different banks on the forex market are equal.

Otherwise - ideal conditions for arbitrage, which in its turn aligns the quotes.

 
Yuriy Zaytsev:


It's elementary.