Voltee:
Factual information, thanks

How can someone then trade in the direction of the market movers?

BriskhoffBox:
Next time, we will discuss how you the levels and the end of the cycle. Remain blessed!!!

Pelaiye2703:


Thank you for all these analysis, can you please suggest the best ways to make money online?

BriskhoffBox:
Hello everybody. I'm back to talk more about how the Big Boys manipulate the market and how we can profit greatly by moving with them and never against them.

When it comes to analyzing the market, most Forex articles and "gurus" would tell you there are 2 types of market analysis.

1. Technical Analysis: These are analysis you do with technical tools available to you on your trading platform. There are thousands of technical tools out there. Some of the very common ones are your RSI, EMA, Fibonacci, MACD, Stochastic, TDI e.t.c

2. Fundamentals: These are basically news, most especially economics news around the world. They are capable of determining what would happen in the market.

After traders have been told all these about analysis. They always create a strategy or strategies around these technicals and fundamentals. This always marks the beginning of failure. Relying on technical analysis to trade is tantamount to treating the market like a simulation environment. You cant treat the market like a computer program. People are the ones using the power of money to move the market and not indicators. Indicators can only reveal the history and present of the market to you, it does not have the power to tell you the future. That is why even though your RSI has hit the overbought zone, it still keeps buying crazily. So RSI technical folks improved on the strategy and created divergence as a strategy. Yet buy divergence occur numerous times and buying still continues. The market refuses to reverse.

You can never predict human beings with just some sort of technical indicators. You can only predict human beings by thinking like a human being. Reading this proves you are a human being. So my dear, congratulations.

As awesome as the fundamental analysis is, the truth is THE BIG BOYS who I will begin from now on to call THE MARKET MAKERS do whatever they wish to do irrespective of what comes out as news. If the fundamentals is that magical, every body will be making profits as soon as a high impact news is released. The market movers only use some news to move crazily in a direction they've intended to move.

Listen, my point is not that both the technicals and fundamentals are completely useless. Rather, what I'm saying is nobody talks about the most important thing to learn as a trader which is THE PSYCHOLOGICAL ANALYSIS. While you as a retail trader is playing this game with technicals and fundamentals, the MARKET MAKERS only play with your psychology and who we know who wins all the time and who loses most times.

With just the psychological analysis only, you are good to go. Then if you understand a few technicals and fundamentals, it makes you close to perfection. But, with just the technicals and fundamentals, it will be difficult for you to make profits consistently.

THE MARKET PSYCHOLOGY/WHAT THE MARKET MAKERS DO

You see Forex Trading is a platform created by the Rich to take everything away from the poor. Years ago, you can't trade the market with less than a million dollars and with your one million dollars, you are just a poor man in the pool of those crazy Billionaires. But now, they've made it easy for eveeybody to play tge game no matter how little your money is so they can swallow everything like that NAIJA SNAKE. Never forget Forex Trading is a technical scam, their plan is to eat all your money. Your brokers are extremely happy when you lose, they are part of the market makers chain. They trade as well, they make your trading information available to the Market Makers. Another thing you have to know is, you can never beat this people. I've read stuffs online that reads "beat the market maker. Rara oooo, you cannot beat these folks, you can only join them to beat those 95% retail traders.

LET'S BREAK THEIR ACTIONS DOWN

Last time, I said they act in 4stages which are;

1.ACCUMULATION
2.INDUCING
3.TRAPPING
4.BIG MOVE TO HIT EVERY STOP LOSS

I will explain all these with images to adequately illustrate. I will get back soon. Stay tuned

BriskhoffBox:


There are diverse ways

1. Forex
2. Cryptocurrency
3. Digital Marketing
4. Digital sales
5. Freelancing
6. Affiliate marketing which is of course a branch of digital marketing

So it basically depends on you. Every business/investment has its pros and cons

BriskhoffBox:
Forex trading has become a common phenomenon these days. It has become a venture a lot of people delve into maybe due to the fact that one can easily trade anywhere and anytime in as much as you have an electronic device, internet data and the forex sessions are opened. The sour truth is not less than 95% of forex traders lose their money in the market. Infact, forex brokers have a perception in the form of a theory termed "The 3Months Theory" which states that "every forex trader is expected to blow his account (lose all his money) within 3months of making the deposit. This is not just some sort of feeble theory, but one that has firmly stood the test of time. As a matter of fact, you can lose your entire 2years earnings within 2minutes of making wrong decisions in the market. That being said, forex is sweeter than honey if you have the right keys to forex trading fortunes.

WHY DO 95% OF TRADERS LOSE THEIR MONEY ?

You see forex trading is like the WWE (World Wrestling Entertainment). When I was a kid, WWE was one of my favorite shows on T.V until I discovered the reality of the show. Of course all the moves are real, performers get injured many a time and becoming a WWE superstar is one of the most difficult accomplishments in the world. But, the matches are always fixed. The in-house folks write a script and the WWE performers act the script from the beginning to the very end. That is the big reason why you will never find WWE as an event on bet platforms. Imagine if you could find WWE on say BET9JA, the in-house folks will always win the other bettors money. This is exactly what happens in forex trading. The BIG BOYS fix, rig and manipulate the market all the time.

WHO ARE THE BIG BOYS ?

There are basically 2 classes of traders in the market;

1. Retail Traders: These are people like you and I. We don't have much money to trade the market. Even with a million dollars, you are still a retail trader. There's a daily flow of about 6trillion dollars in the forex market. You see, a million dollars is like a bucket of water in an ocean.

2. Financial Institutions: These are banks, hedge funds, mutual funds, investment funds, brokers and some large commercial corporations. These institutions are owned, controlled and managed by the biggest names in the world when it comes to finance. They have billions and trillions of dollars to trade with.

WHAT MOVES THE MARKET?

Money is the answer to the question. The forex market is a game of numbers. If you want to trade a currency pair for example, it's either you buy or sell. If the cumulative amount of money invested in buying all over the world is greater than selling, the currency pair will definitely go on a bullish move (buy). So, the buyers will clear all the sellers money thereby making profit.

For example, let's say for GBP/USD on a particular day, 300million dollars have been invested by traders all over the world to sell and 800million dollars has been invested to buy. Since 800 is greater than 300, the market will move in favour of the buyers. Case closed.

HOW DO THE BIG BOYS RIG EXACTLY ?

Because the BIG BOYS control the world economy, they have 2 very massive advantages over the retail traders.

1. They have money (market driver) excessively. The money in their possession is almost unlimited. The retail traders money is certainly very limited.

2. They have access to some vital information that the retail traders do not and will never have access to. They are able to see a summary of what all the retail traders are doing at a particular point in time.

Retail traders all over the world on a particular day wants to trade the GBP/USD. They do their technical analysis, check out the fundamentals and other thing that induces them to make decision. Based on these, they begin to open positions all over the world. Some buy while some sell. While this goes on, the BIG BOYS are chilling in their executive offices with probably a cup of coffee watching the retail traders decide. As soon as the BIG BOYS feel enough money has been accumulated in the market, they make their big move against the direction of the bigger money.

Using our GBP/USD Illustration

The BIG BOYS will clearly see the
300million dollars by sellers and 800million dollars by buyers. They will also see every stop loss and take profit as well. Since 800million is greater than 300million, they will move against the buyers by selling, they will hit every stop loss and clear the entire 800million dollars. Bingo! good profits made. After that, they will chill again to accumulate and move against the direction with bigger money. This is the process they repeat all the time that injures 95% of traders.

The actions taken by the BIG BOYS is in 4stages;

1. Accumulation
2. Inducement
3. Trap
4. Big move to hit every stop loss

I will stop here for now. Next time, I will talk extensively about the 4stages and shed much more light to the BIG BOYS antics. You can drop your questions if you have any. I will try to answer when I'm online.

My name is Olawale, when I ventured into forex trading as a beginner, I made a lot of costly mistakes. I later did a lot of research and observation and discovered what works effectively and efficiently in trading the forex market.

My mission is to ensure anybody that cares to listen to me does not make the same mistakes I made but rather walk on the path that leads to good fortunes.