ALSO - HOW DOES THIS EFFECT THE CRYPTO MARKET. This is a technique big banks use to hide large sizes orders they are trying to fill without the public seeing their smaller transactions and have price move against them. EX. - Banks bias is bearish to sell $60 billion of sell orders They have chosen a previous resistance price level to manipulate around They will create buy or sell candle patterns to entice traders to commit their trading capital into a trade. They are on the sell side when a trader buys. They are stop loss hunting both sell and buy trades. They are enticing bullish breakout & retracement traders into the market and then moving price quickly away into their stop losses. How to enter a trade once we determine their final bias will be shown in updates.
Thanks bro, its hard to work it all out myself. Are Iceberg orders usually pending orders or done live by the whales ??
HTQian
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It is good that the big banks manipulate the market because traders can profit from the manipulation. If you can predict the big banks manipulation, you will get rich fast by placing safe trades. However, big banks manipulation is small compared to fundamentals, the fundamentals are significant enough to make you lose your trades. Therefore, doing fundamental analysis is also important.
Tradingstrategyguides
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@HTQian, Thanks for your comments, it is all apart that supports one another.
bsyne
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This makes complete sense,its amazing,when the average trader sees only that tip,this is why its important to understand ''what next'' than seeing the present activity of the market