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However, want to indie this stage differently! Since, retail traders are only what the benefits to murdering retail traders? I seem, institutional Forex traders read the market differently, they are trading with a professional mindset and match plan.
You are half perfect. However, your view is negatively unhelpful.
'The market is evil and filled with exploitation!'
'This universe is unfair'
'My boss pushes me about'
To place it as a simple fact. Our entire world is filled with manipulation, from politics, Hollywood, markets, workplace politics, and our culture... They are everywhere.
The market is manipulated to consume up retail traders that are bad in trading and for profit rationale. It's just because of events.
The point is to accept it positively.
Use it instead of becoming salty about it. 'How can I trade just like the professionals?' 'How do I trade against bad traders?' It is a lot of work for this, but this is just the way this field is all about.
You seems like to convince me in the market not being manipulated, but yet I'm not attempting to convince you that the market is manipulated. You had not totally get the significance of what I'd all along attempting to infer on exploitation. I end up being drag into this long dialog.
Yes, you're right... I didn't comprehend what was that you're attempting to infer on exploitation.
I am talking about this... based on Merrian-Webster dictionary:
to control or play upon by artful, unfair, or insidious means especially to your personal benefit
Before you keep attempting to dig out questions to others, I felt maybe you should simply justify yourself why it was not manipulated. Perhaps you can explain what drive supply and the demand? The Participants of the currency market are the one which induce demand and supply... and these are of different kinds, and all have different reasons to buy or sell a currency at a particular point in time. The trade sector (non-speculative) is probably a big part of the market, they don't go by opinion. In a situation of and import/export company for example, the drive is to make a buck, they'd swap at every price and whatever currency if they believe they will make a buck from the product they manage. The people/entities in this class is huge in numbers.... It impossible to know their reason to why exchange at a price.
Speculator proceed by opinion... you by your technician analysis, other people by fundamentals, a few other don't have a clue why. All speculator have different sentiments and it is not possible to understand all their particular reason to why exchange at one particular price.
See... it is almost insane to believe that some one Nation Government Policy is supposed to change their own currency rate of exchange for one more. The ONLY activity that does influence the market is when A Central Bank become a player and sell lots of the currency in the open market, which makes the supply bigger then the demand, thus Price reduction.
What drive the price?
What I just mentioned
Which trigger the market sentiment?
Take... I don't know what cause the opinion of the participants... I don't understand what causes yours, nor anybody else... but is not the belief that alter the prices... it is the action which goes with that belief... I mean, if you believe the euro will move up... but you do not put an order, you opinion is immaterial to price change.
Are there an inflow and outflow of individual currency?
Multiple reasons as mentioned previously
If China implement trade sanctions on Japan, how will the currency affected? Most probably it wont. China doesn't let their currency float against other people.
What actions did Japan did to address their export astrophe? Not much they could do in case the deal involve China's Yuan.
I trade fully technical, and every one of these is non necessary for my trading style, I am only expressing my own views of what I experienced and what I heard thru my trip. It doesn't matter whether it does not influence my trading.
I know this point... and there's thousands speculator like you you, that Government Policy are insignificant to if and how you buy a currency. . . And obviously irrelevant to this non-speculative sector... sooo
just how some one Government policy alter the Prices???
I'm finishing this now, since the purpose of me was to provide pinkiaiii some moral support, and that I do partly agreed on his statement, though manipulation does not cause a person to get rid of money. I concur for this I Hope I made this clear. This is getting off topic, if you want some kind of fulfillment, do PM me, I'll try my very best to aid you if I can afford time to get you.
In the contrary to a moral support to Pinkiaii, I totally disagree with his post and with the title of the thread. Money exchange (Foreign Exchange) is not a scam. Non-speculators do it like a necessity of the customary trade/travel or anything... Speculators do it voluntarily. Where is the scam?
How do I be sympathetic or supportive of somebody that talk about Foreign Exchange being a scam, having noticed a share of events and in precisely the same sentence say the previous one was in Crude Oil??? Certain,, Crude oil is Forex. . right?
Bottom lines is... yes, there's some Countries via their Central Banks which manipulate the market... just how? By becoming a player and affecting the source of the currency... like the BoJ and the SNB . Any other Policy a nation implement in their own land may have an impact in the market, but these policies are supposed only to resolve any inner crap... not to manipulate Foreign Exchange.
There's not any other manipulation potential to the market by anyone else. Other then a few pips and there by Banks and Brokers.
It is to big and too complex in interests to be potential.
J.
Oh wow .... Following 2 years you've certainly seen what you've got to find out the markets
Crude oil is a fierce instrument and if you're not a very professional trader with a proven plan you shouldn't even consider getting near it. An 11 $ fall in 5 times - ! And when you happened to loose money on that move then it's because you were trading everything you thought the market should do rather than trading exactly what your charts were telling you that the market was really doing.
That I love trading the oil stocks (CL) because of the volatility ... but again if you're not successful trading the slower moving markets do NOT trade oil.
You appears like to convince me in the market not being manipulated, but yet I am not trying to convince you the market is manipulated. You had get the significance of what I had all together trying to infer on exploitation. I end up being drag into this long winded conversation.
Before you continue trying to dig out questions for others, I felt maybe you should only justify yourself why it wasn't manipulated. Maybe you can clarify what drive the demand and supply? What drive the price? Which cause the market sentiment? Why are there an inflow and outflow of currency? If China implement trade sanctions on Japan, how will the currency changed? What activities did Japan did address their export crisis? These will automatically answer your questions, that save some time on non necessary purposes.
It's like, I don't believe in God, and you trying to convince me, and now I ask you to bring God to reveal. I'm not going to change your thoughts, but if you prefer to check at things a narrow manner, so be it.
I exchange fully specialized, and all these are non needed for my trading style, I am only expressing my own views of what I experienced and what I learned thru my trip. It isn't important whether my trading does not affect.
I realised why a few trader said, its better to keep what you understand to yourself rather than sharing with other people that does not enjoy or does not think it.
I am finishing this today, because the intent behind me here was to provide pinkiaiii some moral support, and that I really do partly agreed on his announcement, though manipulation does not cause someone to eliminate money. Hope I made this clear enough. This is getting off topic, if you need some type of fulfillment, do PM me, I will try my very best to aid you if I can manage some time for you.
Sure...
I guess, you can not produce a certain Government policy with the intend to change the exchange rates along with other currencies. (such as you said..attempting to control the currency market ).
J.
Supply and the demand are driven by the economics. Whenever there are risk aversion, the demand for safe heaven currency increase. And the actions of government result it.
I think that is finishing in a loop. If u get it get it if u do not it doesn't affected anyone however. I not gonna gain anything for that. Provided that make profit that will do. Personally these doesnt affect my trading as well as I exchange technically.
Well. . My announcement is right... unless you need to mentions some Authorities Internal coverage that affect the market the way that you mention.
The Forex Market is never out of balance... It is balanced tick per tick.
If I am doing business just in my own nation, of course all of my Government policy may affect my company... but is quite much irrelevant to the exchange rate with other currencies.
Like I said... can you mention any Government coverage that's intended to modify the rates of exchange?
I already mentioned the only real policy I understand. . .Sell their currency in the open market.
The repetitions you see on the charts are not due some Authorities Policy ... they are just plain supply and need... at certain prices the crap out of one country look cheap to other countries and things move another way... The only fundamental behind everything.
Nowdays all countries are in so deep in garbage that everybody would like to have the cheapest currency possible without causing inflation. . .but is the rest of the world that would determine how inexpensive or expensive they want to cover it.
J.
Technically speaking Government(s) Policies does not move the market.
(use to. . with interest rates. . . But not anymore)
Not attempting to debate with you, but I don't believe the announcement is right. When policies implemented, it does not rise or fall immediately, does not mean it doesn't move the market. If you are doing some particular organization, you will feel how much eg, your own currency, or even the policies really have an effect on you. And various countries have various ways of tackling their own market, not going to particular that country however.
Technically, we view repeats in price ranges, fundamentally, it's just a business cycle, even where price move from imbalance looking for a balance at different particular time.
We exchange largely technical and short phrases, unlike those holding trades for years and years, so we aren't affected by these kind of manipulations
It's up to individual's belief, nothing incorrect about that the facts show otherwise.
Nope. . Not refuting your statement ... I did not read it before now... my article was related to the first article.
But now that I read it,
Technically speaking Government(s) Policies does not move the market.
(use to. . with interest rates. . . But maybe not anymore)
The one thing that transfer the price is every time a specific Central bank (BoJ and SNB are the sole two) become a participant and market large amount of the currency in the open market to depreciated .
Time frame??? Don't have any clue what you mean.
They do it if their Currency gets soooo expensive that they cannot be aggressive with their exports... nothing to do with time frame...
When the EUR/CHF would drop to 1.1900 in the next second.... The SNB would market CHF right away... since they said. . Whatever they require.
J.
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