Traders Common Mistake

PeterPanningPips said:
Since nobody else here mentioned it, I will. I'm not new to FX (A few decades trading FX exclusively) but out of ALL the responses not one of them has stated the value proposition. Exchange rates don't move because of the charts. To think so is certification of retail status. Exchange rates ONLY move when dominant participants recognize value (which has nothing to do with the charts). The end result is if you follow the charts your remain lost, if you follow ALL rates then you know where your traded pair is going to go. So the biggest mistake by retail is their inability to dissect and understand how a dominant and efficient market drives all exchange rate movements in cross border money flow and this is the very mechanism that keeps retail traders lost.
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Lots of trades is just arbitrage or construction and maintenance of some portfolio with certain risk exposure or trading liquidity premia, momentum, trades etc. This has nothing to do with determining value, yet contributes a lot to the volume.
 
You're not on the same planet. Nobody said anything about trade frequency or 'lots of trades' You clearly don't understand how institutions look for value in determining what they trade and why, it has nothing to do with price, only yield. Your comment is the very failure of retail traders to understand this reality.
 
PeterPanningPips said:
Since nobody else here mentioned it, I will. I'm not new to FX (A few decades trading FX exclusively) but out of ALL the responses not one of them has stated the value proposition. Exchange rates don't move because of the charts. To think so is certification of retail status. Exchange rates ONLY move when dominant participants recognize value (which has nothing to do with the charts). The end result is if you follow the charts your remain lost, if you follow ALL rates then you know where your traded pair is going to go. So the biggest mistake by retail is their inability to dissect and understand how a dominant and efficient market drives all exchange rate movements in cross border money flow and this is the very mechanism that keeps retail traders lost.
More...
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easymon1 said:
Can you show us an example of your thesis in action?
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I don't use a thesis. Retail uses thesis and concepts. None of which are data validated. It's leading sentiment extrapolated from ALL exchange rates which drives the traded pair. Situational awareness not retail blindness.
 

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PeterPanningPips said:
I don't use a thesis. Retail uses thesis and concepts. None of which are data validated. It's leading sentiment extrapolated from ALL exchange rates which drives the traded pair. Situational awareness not retail blindness.
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Can you provide example of the analysis that you conduct in order to buy or sell to enter a trade?
 
easymon1 said:
Can you provide example of the analysis that you conduct in order to buy or sell to enter a trade?
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Learn how to trade. Me providing the analysis does nothing for you learning how to trade. It only says that you won't find progress as you don't understand the value of proper analysis. My initial comment on this thread was simply to expose the failure of 99% of traders to properly understand what causes institutions to move money cross borders in focus on capitalizing on increased yields. If you think that has anything to do with price action - quit trading.
 
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