Market makers method candle patterns the truth
Uploader Comments (TradingToTheMillion)
All Comments (18)
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@NeoRioFX I think that if an anonymous Institutional Spot FX Trader was to come on here he may possibly say that you are correct in what you say regarding the standard Retail Trader tools - but you are only correct because what Martin teaches, is, in the first place, correct..I've heard that Spot FX Traders can be very vague and very cryptic :-)
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That's why I say to those taking my DVD's who have concerns over my software. My software is a TOOL to do a job, its not the only tool.Most would not give up PAT for anything because they just hit the ground running and start making money and don't want to upset that.
Horses for courses....:-) My software gives the inside story, I like to trade knowing when & what is coming, but that is just my way.
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@TradingToTheMillion but i agree, knowing what really goes on with market makers and the big institutional players, would make trading a lot easier, and the learning process faster...
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@TradingToTheMillion yeah, i'm not a strict pattern follower. I read your book a few years ago, very good, it really helped me me understand head-fakes and market makers games around sup/res levels. I mean, the profit release phase you describe in the other video, has a very distinguished and clean look on the chart, i would say it is some sort of pattern (the most reliable), and it's possible to use classical tools to recognize it and trade it, even if you don't know what's behind that...
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I am don’t feel I am exaggerating anything, neither am I saying that mine is the only way. You use your methods and that is great. However, I can guarantee that if you are successful you are not a strict pattern follower. You may ‘think’ you are but you are not. Patterns of the same shape appear, BUT and this is a BIG but. The CONTENTS of that pattern NEVER repeat. This is why (as I am sure you are aware) the same patterns provide different outcomes on different days. con/t
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I agree with you, actually...that all patterns are the result of MM manipulation. Even though we can't prove it, (just like we can't prove God exists)I believe that nearly every pip of movement is manipulated or allowed by the MMs. The reason I think patterns, Fib levels, S/R levels, etc, etc, do work is because those levels are where most traders place their orders or are willing to enter the market.
They don't use patterns, but then they use patterns for entry? What happens if you change the time frame? Yep, it changes the pattern, so change the time and you can create any pattern you want. Then you can say "O, if only I had been looking at THAT time frame I would have nailed it" then you vow to watch THAT time frame, only the next time it appears on ANOTHER time frame.
If they are making money with patterns then they know which ones to ignore and that my friend does not come in a manual
TradingToTheMillion 3 weeks ago
what you say is interesting, but you're exagerating. your system is not the only one that works. i use classical tools such as support/resistence, candlestick, volume, stochastics and bollinger bands, very successfully.
nuvolenelcielo 6 months ago
Respond to this video... You likely have filters and all sorts of things set up on your charts. BUT you are only looking for ONE THING. You are looking for the profit release phase and that is where the buck stops or starts as the case may be
The markets are a BUSINESS not YOUR business, not MINE. We are there to provide liquidity and other means to assist the market makers in running THEIR business. This is my method in a nutshell...I trade the MARKET MAKERS BUSINESS not mine. Cont/
TradingToTheMillion 6 months ago
(3)Many traders still browse forums, chat rooms and watch videos, why? Because something deep down niggles even the most successful that there is ‘something’ else going on. My argument is that, the something else is the complete understanding of the market makers business and how it operates, once a trader gets that, once they fully understand they can look at any chart in any time frame and trade successful, regardless of so called indicators. (This reply reads from the bottom up sorry)
TradingToTheMillion 6 months ago