After years of watching price move hours on end sometimes blinded by the trading system of squiggly lines cast over the chart. I have recently come to one very simple conclusion. We are all nothing more than cow-birds pecking off flies from the mohemuth giant we call price. When I say price I'm not speaking from the perceptive point of trying to figure out where it will go rather more specifically the point that it just moves by some form of hidden mechanism.
In the spot market we are told from our brokers they get price feed from multi banks and some sort of formulation to derive a best figure we are constantly presented with on the chart. Now here's where we simply say ok. But where the hell did these so spoken of banks come to a price conclusion individually?
The story as told really makes no sense in a real time chaotic world of constant change, where some one or some one's can make precise numeric logic of all this in such a manor it can be harnessed.
UNLESS... The Origin of price is a common factor agreed upon by all sources that illuminate the illusion. Liken this to the wrestling business. Simply they put on a good show to the public playing good bad and ugly but behind closed doors, well... They are best of buddies. Now don't forget here were only describing FOREX as a spot market with no real grid locked price, only what is presented to the market as price. With this concept understood it makes a real good case for the curious concern over the Origin Of Price.
Questions:
Since The Spot Broker is connected to the inside, what do they really know?
Being as the banks are the price originators, How well informed are they of each Broker's (interim) order book?
With different models in action ECN, STP, versus the good old "Broker is the house" How much back lash does this create upon the banks price creation scheme?
Is this truly a secret market from the inside out, and being as though 95% of retail participants lose constantly what would the banks do if only for one day that 95% actually got it right?
In the spot market we are told from our brokers they get price feed from multi banks and some sort of formulation to derive a best figure we are constantly presented with on the chart. Now here's where we simply say ok. But where the hell did these so spoken of banks come to a price conclusion individually?
The story as told really makes no sense in a real time chaotic world of constant change, where some one or some one's can make precise numeric logic of all this in such a manor it can be harnessed.
UNLESS... The Origin of price is a common factor agreed upon by all sources that illuminate the illusion. Liken this to the wrestling business. Simply they put on a good show to the public playing good bad and ugly but behind closed doors, well... They are best of buddies. Now don't forget here were only describing FOREX as a spot market with no real grid locked price, only what is presented to the market as price. With this concept understood it makes a real good case for the curious concern over the Origin Of Price.
Questions:
Since The Spot Broker is connected to the inside, what do they really know?
Being as the banks are the price originators, How well informed are they of each Broker's (interim) order book?
With different models in action ECN, STP, versus the good old "Broker is the house" How much back lash does this create upon the banks price creation scheme?
Is this truly a secret market from the inside out, and being as though 95% of retail participants lose constantly what would the banks do if only for one day that 95% actually got it right?
"Look Left Think Right"