Price is a reflection of the number of transactions and the price paid for these transactions. A large number of transactions are required in order to shift price. The Forex market is said to trade about $4,000,000,000,000 [four trillion dollars] on average daily. The bulk of transactions are executed by large “Warren Buffet” institutions, and not by laptop traders such as ourselves.
Market Maker ability to dominate the market is overwhelming. It costs roughly 10,000 Lots to move the market by 1 pip, with this in mind Market Makers have the ability to move the price at will and retail traders can’t. For a retail trader to truly succeed in Forex, you need to at least have a concept of this Mammoth process so that you will understand what is happening and why. Rather you adapt to trade with them instead of against them once we are done with the secrets. Once you realize that price is moved as a result of intention, logic decision and the idea that price is a product of emotional feeling (sentiments) of various traders is misguiding “BS”. Failure to realize this, your trade career will be emotion driven leaving you to react to every trade.
» A typical pattern of behavior particularly when analyzing the Three-Day Cycle is to be able
to identify a peak high followed by three moves down and a reversal which will form a peak low. «
to identify a peak high followed by three moves down and a reversal which will form a peak low. «
Market Maker ability to dominate the market is overwhelming. It costs roughly 10,000 Lots to move the market by 1 pip, with this in mind Market Makers have the ability to move the price at will and retail traders can’t. For a retail trader to truly succeed in Forex, you need to at least have a concept of this Mammoth process so that you will understand what is happening and why. Rather you adapt to trade with them instead of against them once we are done with the secrets. Once you realize that price is moved as a result of intention, logic decision and the idea that price is a product of emotional feeling (sentiments) of various traders is misguiding “BS”. Failure to realize this, your trade career will be emotion driven leaving you to react to every trade.
Quoted from:
Jones Zondo (2018) - Market Makers Secrets. Private study notes extracted from various entities.
Jones Zondo (2018) - Market Makers Secrets. Private study notes extracted from various entities.
See also: