Market manipulation. Thoughts?

Nov 15, 2013 at 20:49
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4 Replies
Member Since Nov 02, 2009   85 posts
Nov 15, 2013 at 20:49
Hello guys, I want to know what are your thoughts on the manipulation topic and what do you do to profit from it?

Me myself I've been testing volume spread analysis/wyckoff principles in forex for over 6 months now (of course with a demo account first). And my conclusion so far is that you CAN use tick volume to spot the footprints of the 'smart money' (I prefer the use of the term 'composite operator' as Wyckoff called them). All you need is a good and reliable data feed (eSignal may be the better of all, or so I've heard).

Currently im testing the data feed from IC Markets and the data feed from Netdania. Netdania is like eSignal but they let you demo their data feeds without a time limit (volume data, or tick volume data), about their data: it is good for me, so far.

So, what do you guys think about the topic?

Cheers.
Preservation of capital and home runs.
Member Since Nov 20, 2013   17 posts
Nov 21, 2013 at 06:11
Macd Divergence is a good way to spot manipulations with zig-zag indicator project fib levels and do retracements, it's really got bad since late 09
Member Since Nov 02, 2009   85 posts
Nov 21, 2013 at 12:48
ShivaFx1 posted:
Macd Divergence is a good way to spot manipulations with zig-zag indicator project fib levels and do retracements,


Thanks for the answer, I have not tried the use of MACD to spot manipulations, why do you think it work? What I use is tick volume (activity) to spot imbalances between supply and demand. I uploaded a pic as a recent example of this.

ShivaFx1 posted:

it's really got bad since late 09

Why do you think this is? Maybe all the high frequency trading and all those algos moving the market?


Regards.

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Preservation of capital and home runs.
Member Since Apr 25, 2012   285 posts
Nov 21, 2013 at 13:21
spotting manipulation in advance is not easy , when any institution do manipulation , it moves scripts in 2 or 4 ticks , am taking about strong manipulation .
Member Since Mar 13, 2013   166 posts
Nov 21, 2013 at 14:38
Hello @Rubn

you can go read this link to help you,
if you have any questions, do not hesitate
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?f=5&t=1448
Regards
Hiroo59
[email protected]
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