Exactly, and there was an article posted earlier that a bunch of banks colluded to fix FX rates.
Rewind Back 15 Years
- Thread starter padutrader
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Exactly, and there was an article posted earlier that a bunch of banks colluded to fix FX rates.
there is no if
they collude
who would not do it
but this know ledge is not enough.
i know they collude but how do we make/take money from them.
the only reason i ever got into trading was that they collude ...so it must be possible to beat them..12 years later i am still not any closer to that goal.
how do i get a trading plan knowing what they do?
they break supports and resistance...so stop placement is a gamble
but i do not know which one they will break first....
but i do not know which one they will break first....
a little...thanksis it? And i'm genuinely asking, not attacking
yes true...the gut said something different
but should have taken profits could have re entered
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depends on your holding time and how you analyse....nothing wrong with predicting
This is why I wouldn't do 5 minute bar . They can collude for hours maybe days but not months. So stay out of their way
sensible....they cannot manipulate for weeks....it will serve no purpose.
see it is easy to make the market go anywhere they want.....but they do not want to manipulate for fun of it..they want to make money while doing it
remember Hunt Brothers in silver?
They have special tools that retail investors dont have. Like xray vision, seeing you in the bathroom knowing what you are doing next.