Why price really moves in the forex market and how the bank guys paint the charts.

The reality of price action is that it is a random walk with pockets of non-randomness often caused by the actions of the big players in the market. In this video, I describe this process here with a simplified example and also give some chart examples of the fake out shake out moves often seen in forex.

Comments

1. "Institutional forex trader "
   bullshit lines and colors all over charts
2. Random?? Very lazy word and view
   Nothing random about the currency markets at all. That randomness you speak of is the market makers you are failing to see how they accumulate. That levi flight is the large speculators moving price and it will be done at specific times. Nothing random at all.
3. Didn't finish watching so I can't say whether it is beneficial or not but thank you very much for breaking this down into easy concise steps to understand. Does this apply to other markets as well? Specifically NASDAQ and NYSE stocks.
4. Hi Peter, I really enjoyed your interviews with other professional traders, any in the pipe line?
5. True (exdealing desk department)
6. I've been using ElliotWave and harmonic patterns along with candlestick reading using an intraday tick chart. I risk 1-3% of my capital on any one trade as i scale in and out of my positions. I've been very profitable for years now.
7. SMH!!!
8. Trust the market is not random, by listening he does not really understand the market...Biggest tip I'm going to give is that M high W low..Market cycle don't listen ppl who don't understand institutions...traders please under market cycles that's my biggest tip for y'all..
9. I wish these banks would alert me when they are about to manipulate the market. I trade the indicative on Nadex, so I wouldn't even be trading with them in the actual market... In other words, they don't need me to be on the opposite side of their trade because I'm only using Nadex. :D
10. the car part of the video looked so awkward haha
11. next time I will be in Dublin lets catch up Peter! great one
12. Man said nonsense stuff gartleys and that
13. Actually a good way to trade forex is to use a number of freely available tools on the internet . Then do the opposite of what these technical analysis tools tell you to do. works quite well.
14. I'm a software dev for Citadel Investment and we use a lot of the tools/resources that you call "silly" e.g. (Elliot Wave) and we do quite well using these tools in conjunction with machine learning, mkt micro structure, etc...
15. The market is never random, it is always seeking capital.
16. forex is just a manipulated scam for benefit of those who control th charts.
17. Nice video, but author clearly has no institutional experience. Prices are not agreed in advance. There is no magical cushion (40 pips, are you joking!?). Large orders are usually executed at the fix (client chooses which fix). Half a yard is not small for any bank trader as he claims. And on and on. BTW, if you want to get filled to short above the market, you leave offers, not bids. Basic.
18. Hey Peter man, u are mentioning hard killer facts here. Please bring us more info and videos. God Bless!
19. 1 minute into video ====>>>> SUBSCRIBE... finaly some1 who thinks like me ... just advanced :O :)
20. Retail trader can also divide his positions in zones.Or should.One entry is a mistake as you do not know if it's the best price.Ulterior price action can show one whether to fill the position with increments of a preestablished size,leave it as it is or reverse it ,if necesary.And technical analyse does work.Depending on the skills of who does it.Of course.Fact is that there are a lot of traders with respectable names and achievements that you are contradicting.But of course,diversity of opinions is necesarry.Anyway....traders that actually trade(Joseph James for instance)are a bit more convincing.Since trading is much better than talking about.Great difference.Talking about and analysing is a good first step.Actual trading cam be a bit different.