Market Movers and Shakers

[LearnAlways]

Thanks everybody,

You have open my eyes, and I did learn something valuable here. Greatly appreciate. Maybe all u guys are all right, its just different parts of the elephant

(Buddha story about elephant, A group of blind ppl are told to describe an elephant using their sense of touch since they can’t see. Therefore their description is all part of the elephant, trunk, tail, ear, etc. Not the whole picture, But they are all right in a way, Didn’t mean to say u guys are blind so pls don’t be offended, u get what I mean)

Pls carry on this discussion if there’s any merit. from the youtube video, I saw they have an average price between bid and ask with lots sizes description also, But the movement is too fast.

Q) I mean how do they enter in the market? using EA or manual because the speed is not humanely possible?

Best Regards,

LearnAlways

I only know I know nothing
Skype: learnalways@outlook.com

[Revolution]

LearnAlways wrote:

Thanks everybody, You have open my eyes, and I did learn something valuable here. Greatly appreciate. Maybe all u guys are all right, its just different parts of the elephant (Buddha story about elephant, A group of blind ppl are told to describe an elephant using their sense of touch since they can’t see. Therefore their description is all part of the elephant, trunk, tail, ear, etc. Not the whole picture, But they are all right in a way, Didn’t mean to say u guys are blind so pls don’t be offended, u get what I mean) Pls carry on this discussion if there’s any merit. from the youtube video, I saw they have an average price between bid and ask with lots sizes description also, But the movement is too fast. Q) I mean how do they enter in the market? using EA or manual because the speed is not humanely possible? Best Regards, LearnAlways

 

It is normal speed of the market, in reality probably even faster…it is just your platform which shows it slower ;) How do you enter the market? Just like them, as they are not any different from you apart from few behavioral modifications learnt of the way…

Algos in FX are much in less use than lets say equities market or futures….they do exist in liquid markets in FX, like EU, GU, UJ and some larger stream like AUD, CAD, maybe MXN….so narrower spreads, shorter quote life, smaller quotes size, more frequent trades…but also liquidity mirages (something gg was referring to), “hot potato” volume.

 

[VlanFx]

gg53 wrote:

fxrambo, Please stay and continue to contribute. I’m the one who is leaving – some threads here start to smell like the too familiar FF threads. Bye. G .

GG please don’t leave.  I always look forward to your posts and even though I may not understand everything they always give me new thought impulses and at the end I learn something new.  After all, you are the reason I joined this forum…

 

[gg53]

From the press:

“…

Following major scandals, mulit-billion dollar fines and embarrassing revelations about how the FX trading desks at the big multinational banks are manipulating the markets in their favor, regulators might finally be able to coordinate a global response mechanism. According to Reuters, Central banks say they can unify the world’s different codes of conduct as soon as two years from now.

…”

 

G.

[Author]

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