Flash trading on EURUSD.
The problem of HFT is well discussed on Wikipedia.
The parasitic role HFT on markets can hardly be disputed.
I am showing two spots where possibly flash trading has taken place this week.
The first one on nearing to 1.2942,
the second one on nearing to 1.2971.
EURUSD jumped about 40 pips in the first case and almost 40 pips in the second case.
My new chaos findings implemented in forex trading
Moderator: moderators
Flash trading on EURUSD
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More about HFT
For reference inspect
link http://www.huffingtonpost.com/irene-ald ... 39203.html
and the forum.
"High frequency trading has been taking Wall Street by storm, and colloquial evidence suggests that a majority of high-frequency managers delivered positive returns through the most recent financial crises."
You trade against a robot who allegedly raises Sharpe ratio to almost 6000 for 10-second intervals.
That is pure theory, based on belief that markets are stochastic.
In practice HFT can enjoy a small percentage of that bizzarre Sharpe ratio.
Still they should be totally banned from the financial markets for a number of well defined reasons.
Markets are different now, their predictability is different, even volatility is different.
link http://www.huffingtonpost.com/irene-ald ... 39203.html
and the forum.
"High frequency trading has been taking Wall Street by storm, and colloquial evidence suggests that a majority of high-frequency managers delivered positive returns through the most recent financial crises."
You trade against a robot who allegedly raises Sharpe ratio to almost 6000 for 10-second intervals.
That is pure theory, based on belief that markets are stochastic.
In practice HFT can enjoy a small percentage of that bizzarre Sharpe ratio.
Still they should be totally banned from the financial markets for a number of well defined reasons.
Markets are different now, their predictability is different, even volatility is different.
DJIA
DJIA and its recent phase transitions.
When the index breaks from a consolidation there is little public involvement and energy.
The public resumes buying when it sees prices rising.
Therefore each marked price level carries a different meaning.
The bounce off 12866 is possibly flash trading, professional yet parasitic behavior.
When the index breaks from a consolidation there is little public involvement and energy.
The public resumes buying when it sees prices rising.
Therefore each marked price level carries a different meaning.
The bounce off 12866 is possibly flash trading, professional yet parasitic behavior.
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- djia27.11.gif (34.61 KiB) Viewed 9913 times
USDPLN
USDPLN hit 3.1432, a true border from the lowside.
This is a better indicator what EURUSD is going to do than EURUSD itself.
That 3.1432 low corresponds to a recent high 1.3013 on EURUSD.
This is a better indicator what EURUSD is going to do than EURUSD itself.
That 3.1432 low corresponds to a recent high 1.3013 on EURUSD.
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- usdpln29.11.gif (46.73 KiB) Viewed 9835 times
EURUSD poised to attack 1.3084
EURUSD is poised to attack 1.3084 through to 1.3101 and I sincerely hope nothing can stop it whether it is protracted or fast.
Shorting prematurely seems absolutely insane.
1.3084 and 1.3101 stand for something very important to be precise from October 18. You obviously do not care what is there to be found.
My point is that wounds heal slowly.
For some reason returning to those price levels at this period of time serves the purpose.
FX is not a funny business. It is a business.
Funny thing is how the public consistently prefers to sell EURUSD.
Shorting prematurely seems absolutely insane.
1.3084 and 1.3101 stand for something very important to be precise from October 18. You obviously do not care what is there to be found.
My point is that wounds heal slowly.
For some reason returning to those price levels at this period of time serves the purpose.
FX is not a funny business. It is a business.
Funny thing is how the public consistently prefers to sell EURUSD.
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- eurusd4.12.gif (49.26 KiB) Viewed 9805 times
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USDPLN contained within a range but weaker PLN looms
USDPLN is being traded within the pinkish area on the weaker side of it for PLN.
There is nothing novel about this market.
It was a rejected script by Vincent that USDPLN goes higher.
The truth is that from under the carpet so many things protrude that it virtually influences even the ministry of silly walks. Going round such obstacles is a very serious issue.
It will appear on the show many times to belittle this and that. But how can you tell what sixty-sevens females fantastically jogging to their junk jobs do next. Things have radically turned bad, don't you know it? Then, you must have tuned in to the wrong TV or you do not understand Machiavelli or both.
There is nothing novel about this market.
It was a rejected script by Vincent that USDPLN goes higher.
The truth is that from under the carpet so many things protrude that it virtually influences even the ministry of silly walks. Going round such obstacles is a very serious issue.
It will appear on the show many times to belittle this and that. But how can you tell what sixty-sevens females fantastically jogging to their junk jobs do next. Things have radically turned bad, don't you know it? Then, you must have tuned in to the wrong TV or you do not understand Machiavelli or both.
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- usdpln4.12.gif (54.57 KiB) Viewed 9801 times
GBPUSD ahead of EURUSD
GBPUSD has hit stops above 1.6090 through to 1.6110. That's a good job.
The public was on the wrong side, as usual.
The public was on the wrong side, as usual.
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OIL sold again
OIL sold again.
The vector field orientation points downwards.
OIL went up a little bit, not enough however to hit all stops near 107.74 and above.
It needs to be stressed that the bulk of selling took place around 109.85. Those shorts are sitting on profits comfortably.
The vector field orientation points downwards.
OIL went up a little bit, not enough however to hit all stops near 107.74 and above.
It needs to be stressed that the bulk of selling took place around 109.85. Those shorts are sitting on profits comfortably.
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- oil9.12.gif (42.92 KiB) Viewed 9782 times
WIG20
WIG20.
Above 2463 there was an opportune area and opportune time to book profits from longs established late October and early November.
However, there is still some space left upwards and I see WIG20 targeting 2522 and 2534.
The nearest determinants are @ 2449
2445
2439
2435.
This market is bound to return to them sooner or later. The activity there was needed to lift the index beyond the border 9.1299 and buy time for distribution.
Longs' major action is related to figure 2400.
The public is well known for rational behavior and in this configuration I think that more people sold than bought. In such the case the surprise they meet is a little more to the upside.
Above 2463 there was an opportune area and opportune time to book profits from longs established late October and early November.
However, there is still some space left upwards and I see WIG20 targeting 2522 and 2534.
The nearest determinants are @ 2449
2445
2439
2435.
This market is bound to return to them sooner or later. The activity there was needed to lift the index beyond the border 9.1299 and buy time for distribution.
Longs' major action is related to figure 2400.
The public is well known for rational behavior and in this configuration I think that more people sold than bought. In such the case the surprise they meet is a little more to the upside.
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- wig209.12.gif (38.23 KiB) Viewed 10003 times
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