Any Forex Swing Traders Here?

[wahkao3]

Hope no forex traders here got burn recently by the swings.... =)
chf killed many retail traders...

who ask them leverage

 

[CookieMonsta88]

a refreshing way of looking at the markets. cutting thru all the techies/fundies bull$hit to what really matters , front running orders.

well, its not front running orders if u have no insider information, so this still speculation, because the market makers can hunt stops both sides because there is no fundamental changes in the economies of the 2 countries, so if they stop hunt below, u can buy into the stop hunt, and still lose money, because they can bid it up, hunt those stops above then trade back into the range, which is a whipsaw market or rangy market, i.e. 2 fakeouts in a row to both the upsides and down sides.

so its not front running, and front running is illegal, it means u get ur customers orders, and buy first then offload to them for a profit when u are supposed to execute their orders first. this is totally different from the case above, where this, u have information about orders, and u have a conflict of interest with ur counterparty.

also, fundies/techies have real science backing them, just that it is probabilistic at most, fundies is not useless coz thats what the government is using to manage the economy, so u should be in tune with the government less they do qe or do interest rate changes and u get caught out of position. techies is a way to observe if people are pricing in the fundies u are looking at. just that modern techies try to divorce themselves from fundies, which makes it plain wrong, coz classical technical analysis is meant to be used with fundamental analysis because technical analysis is looking at the fundamentals through price, time and volume, u still need fundamentals to provide a context to look at how price is acting, perhaps they are pricing an interest rate change by US before pricing eur QE, then u might see eurusd act for the interest rate change first then QE.

the order at which the fundamentals present itself can correlate to the swings in the markets, for forex, its typically 4 hrs for numbers, because after london morning session, if there is eur news, eurusd will be priced in for these news, then we would be pricing in news from US open perhaps for usd, and we may get counter trend moves with respect to the london session.