predictable because they are using the same technical trading tools (EAs, Fibonacci, Elliot Waves, etc.). Therefore when a best us bitcoin exchanges bank or group of banks has the desire to enter a position they must do so by accumulating it over time. What if you could determine where they were likely buying or selling? Keeping that in mind, why then do most retail forex traders out there attempt to invent or learn to trade forex using strategies that have been created to try and fit a market we do not control? How is this short-term manipulation carried out? If however, we know the tricks they use, we can avoid being a pawn of the banks manipulation, and instead profit from it! Throughout this article, you will read the term smart money. Money is made by accumulating a long position they will later sell off at a higher price, or accumulating a short position they will later cover at a lower price. What is the Forex Bank Trading Strategy? The first point I want to mention is that we use the term market manipulation but you could just as accurately be described as a searching for liquidity, a trapping move, stop hunt, etc.
We do this through the repeatable 3 step process described below. Wishing you Happy Trading. What comes after this period of accumulation? They are enticing bullish breakout retracement bitcoin profit system traders into the market and then moving price quickly away into their stop losses. Do you see how easily smart money could consistently induce large portions of the retail market into buying right before a large drop and selling right before the huge rally? Banks drive the markets in 3 phases. And this gives them the power to control the prices in the short-run. They are on the sell side when a trader buys. This leads us to the first step in the process, accumulation of a position.