How Banks Manipulate Retail Forex Traders – Day Trading Strategy

Forex Trading Strategies
More Bank Trading Strategies – https://www.DayTradingForexLive.com

In this video, I walk through some recent market manipulation that occurred around economic data. In general, news offers a good opportunity to identify manipulation in the market which gives us a great indication of what smart money is doing. Because 5 banks control 58% of the daily forex volume, they must search out liquidity when they have the desire to buy or sell. Simply put you cannot buy what someone else is not willing to sell, and you cannot sell what someone else is not willing to buy.

If they have the desire to sell, they need buying pressure and thus entering the short position is easier when the overall market direction is long. The news represents a great time when a one-directional market is likely to occur and thus allowing smart money a great opportunity to manipulate overall market sentiment.

How The Banks Manipulate Retail Forex Traders – Day Trading Strategy – https://www.youtube.com/watch?v=CDhXG02KgWE

-Sterling

Products You May Like

Articles You May Like

EURUSD Sentiment Broken After Feeble German and French PMIs
Celebrating Women’s Month: World-Famous Female Traders
UK PM May says will return to London on Friday to build support for her Brexit deal
Goldman Sachs technical analysis: “The level to watch in GBPUSD is 1.3526-1.3549”
EUR/USD plummets below 1.1300 on poor data

Leave a Reply

Your email address will not be published. Required fields are marked *