If it's reliable then worth it.
Another question is are u going to whack very hard if they ask u to long GU now.
Since u said it as a blind faith trust
So u gonna use it as a no-trade time or a strike lottery time ??

Take same example as what happens on Thursday morning.
Gapped down 500pips.
Even u set stop loss, the stop loss can only be hit after 500pips.
You can't use pending order like things don't hit during high volatility like news time
So the risk is very large.

So even if it is true how u going to capitalise it ?

Dunno how true those data ler....
Even there got write they lost their position also.
you roughly know which level they target.

If these info were correct, u can scalp for 20 to 30pips guaranteed because when their orders are very big they sure cause a reaction, whether it holds, reverse is another thing.

When for big orders u can expect a bounce, if it holds, trend will reverse, if not after poking 2nd or 3rd time it will break also.
That's how things work.

just share with you.

this is the ThomsonReuters Eikon platform which streams all latest financial news, and you may get all the information here, there are 2 biggest exchanges and ThomsonReuters is one of them.
bank trader uses this platform, Bloomberg Terminal as well.

the full platform rates is about $1,800 per month (minimum package $300, max $1,800 full feature)
if not mistaken they have even real tick by tick transaction subscription, which they only sell to hedge funds because it costs $100k per month.

can even see their DOM (depth of market), headline news come out here before coming out on mainstream news.


trials here
http://financial.thomsonreuters.com/en/pro...n-download.html





This post has been edited by AllnGap: Oct 10 2016, 09:08 PM

is this chart from oanda ?

usd/jpy, usd/chf, usd/cad all on upper range.
dunno where it's gonna go

USDX very near to weekly resistance level though....

http://finviz.com/futures_charts.ashx?t=CURRENCIES&p=w1
select timeframe to weekly

i wanted to say that but i dont want to get shot for commenting too much.

oanda is all retail side, so it's not accurate data.
i've crossed check with a lot of currencies and metals on futures, no clear indication where is it going too.

but USDX is definitely on the extreme swing high.

oh my, USD gaining strength and breaking barrier again

was watching some bank traders interview stating that technical analysis doesnt work.

https://www.youtube.com/watch?v=jBpPGAJD7gw

then he mentioned this head and shoulders pattern doesnt work.

This research was done by FEDERAL RESERVE BANK OF NEW YORK
what they did was to compile all the data for 20years for the percentage.
result was the pattern doesnt work. LMAO.

and he also mentioned that technical analysis is already 100years old.
if everyone uses it, then it doesnt work and it's not an edge
edge is when it is not widely use and has consistency of an edge, like casino's edge over players



https://www.newyorkfed.org/research/staff_reports/sr4.html

HEAD & SHOULDER research paper here :
https://www.newyorkfed.org/medialibrary/med...reports/sr4.pdf

This post has been edited by AllnGap: Oct 15 2016, 04:21 PM

When everyone jump in to trade then it doesn't work.

which pair u whacked ?