[tommyfx]

There are literally so many things i could comment on from your last thread, but i dont think it would make any difference, you seem convinced markets are manipulated and fixed.

I have worked for a firm trading the market, i know exactly how where and why markets move, i lose money on occasion like everyone, but when i do i know it is my fault and not the markets.

It really doesnt make any difference to me whether the market is one big fraud that is manipulated because it would be such a tiny tiny aspect of the market that were on "the inside" of this information and when all the other mugs that were caught out in this move started to react i would trade with them and profit that way.

If you want to believe the market is unpredictable, fixed, biased away from everyday intraday traders i dont suppose we will be seeing you around on these boards anymore? Seeing as whats the point in trading random odds? That truly is a shame because you clearly have the enthusiam and analytical mind to be a good trader if you could stop blaming the market rather than yourself for mistakes. If the markets were truly random there would be no successful traders, just like there are no successful full time roulette players. I and many other traders i know must just all be really really lucky i guess.

Its those people that try to fight the trend, look for things that arent there are the people that lose money, the markets do reflect fair vaue i can assure you but even if they didnt doesnt make any difference to me, if prices are unfairly fixed at X and the banks fraudulently not show any prices lower than X this is great!! Go long and the banks will make sure you never get stopped out, thats nice of them isnt it?
Or say the banks drive prices through a long held resistance even though there isnt enough real demand pressure to do so, i dont care either i'll just start buying when all the other poor people that fell victim to this unfair bank pricing start bailing out of their short positions.
Anyway you look at it i can make money, there is a pattern in everything, the ONLY way a totally random market will be impossible to trade is if prices were completely unrelated from the previous price i.e price jumped from x.xx60 to x.xx30 to x.xx37 to x.xx69 and if prices started doing that nobody would trade the market and forex would collapse.

Tom