To use chat, please login.
Back to contacts

Any Volume spread analysis / Wyckoff traders?

Rubn (Rubn)
Nov 29 2013 at 05:34
85 posts
felotus posted:


What you have to look at for market manipulation is the WM/Reuters rate that happens between 3pm and 4pm, where most banks are being sued by the SEC. They gather on a bloomberg chat and talk about their clients stop loss (hence the lawsuit). Oh... just read your message, yeah so we're talking about the same thing, it's a well-known thing. Just look at the moves between 3 and 4pm eurusd and do the opposite to fade it, it'll work 80% of the time.




Do you have some examples of that? I've been thinking in this very much. Why do you think it happens between that gap in time?

Preservation of capital and home runs.
Rubn (Rubn)
Nov 29 2013 at 05:43
85 posts
Crazy and unusual spike in volume in the middle of the Asian session, seems to me like Smart Money was very bullish. The price shooted upwards a bars later after that situation. Btw, I moved my SL to the low of that bar, locking in some 70+ pips in this one.

Attachments:


Preservation of capital and home runs.
Thalantas
Nov 29 2013 at 13:24
192 posts
Rubn posted:
Thalantas posted:


I really need to find again this website. Some guy offering an internet platform to see the SL and TP of the retail traders of a Forex Broker (he won't give which broker are letting him leech the data).

He asks a monthly subscription in exchange but I bet this could strengthen your system.


Really?? 😲
Are you sure is not a type of scam? I don't think brokers/dealers would reveal real info that easy😲


Found it !!

https://forex.asolutions.ee/EN/impulse-trader

I sent them an email asking for the name of the broker giving the data feed and they wouldn't disclose it.
The website is ending in .EE (Estonia) I assume that they use a feed from some Eastern Europe broker, possibly Russian. Anyway it seem a bit foggy, you'd have to take a trial and simply try and see for yourself I guess.

A smooth sea never made a skillful sailor.
Rubn (Rubn)
Nov 29 2013 at 14:40
85 posts
Thalantas posted:

Found it !!

https://forex.asolutions.ee/EN/impulse-trader

I sent them an email asking for the name of the broker giving the data feed and they wouldn't disclose it.
The website is ending in .EE (Estonia) I assume that they use a feed from some Eastern Europe broker, possibly Russian. Anyway it seem a bit foggy, you'd have to take a trial and simply try and see for yourself I guess.


Thanks man! 😁

Im checking it out, hmmmmm I don't know, seems very very weird to me. Do they answered your question yet? I don't think this is even legal lol 😲

Preservation of capital and home runs.
Thalantas
Nov 29 2013 at 14:41
192 posts
I think brokers are free to do whatever they want with their customer's data (at least in Russia) so this could be possible. Also the guy could be making up all this data and randomizing part of it...

Yeah they did reply in less than 24h! Shoot your questions but I bet they won't give you the broker name! Keep me posted, I'm really curious to know more about them.

EDIT: about the data don't get me wrong, no brokers in the world can give out your passport, ID, proof of residence...Etc (obviously). I'm thinking more about something like Facebook who sells the 'tendency of their customers' in a anonymous way.

A smooth sea never made a skillful sailor.
Rubn (Rubn)
Nov 29 2013 at 14:46
85 posts
Ok, im going to ask them some questions, why do you think they don't give broker's name? Im very curious about this! 😲

Preservation of capital and home runs.
felotus
Nov 29 2013 at 21:18
53 posts
A broker who would throw out data like this would probably be found guilty of assistance of insider trading.

So it's probably an algorithm that scans the market depth and see what sizes are being taken.

Whether it's an algorithm or true broker data, you always have to ask yourself why they would give it away, or even sell it away?

If I had such information and if it was accurate, I would probably start a fund and raise millions, instead of selling 100$ memberships ;)

I work in a hedge fund.
felotus
Nov 29 2013 at 21:19
53 posts
Rubn posted:
felotus posted:


What you have to look at for market manipulation is the WM/Reuters rate that happens between 3pm and 4pm, where most banks are being sued by the SEC. They gather on a bloomberg chat and talk about their clients stop loss (hence the lawsuit). Oh... just read your message, yeah so we're talking about the same thing, it's a well-known thing. Just look at the moves between 3 and 4pm eurusd and do the opposite to fade it, it'll work 80% of the time.




Do you have some examples of that? I've been thinking in this very much. Why do you think it happens between that gap in time?
Look EURUSD at 3-4 PM london time, most of the time you will see a clear juda swing and then a fade, within the next 1-2 hours

I work in a hedge fund.
Rubn (Rubn)
Nov 29 2013 at 23:23
85 posts
Felotus posted:

Look EURUSD at 3-4 PM london time, most of the time you will see a clear juda swing and then a fade, within the next 1-2 hours


I will study this over the weekend. Thanks, mate.

Preservation of capital and home runs.
Rubn (Rubn)
Dec 01 2013 at 23:33
85 posts
I don't like to open positions on Sundays because activity is usually low but this was a nice break with volume, let's see if the low volume test of the broken level happens.

Effort vs Results all over again.

Attachments:


Preservation of capital and home runs.
Please login to comment .