GOLD : Whales Impact In trading MarketOANDA:XAUUSD
A whale is any individual or company who has enough money and power
To directly influence the price of a cryptocurrency or stock, usually in a negative way. Think of a whale and their large mass.
Whales use artistically created buy walls and sell walls to manipulate traders by changing current market sentiment.
Traders should be aware of large buy walls and sell walls that appear quickly. They could be part of a whale's manipulation strategy.
How do you spot a whale trade?
There are four primary ways to track whale activities,
which include monitoring known whale addresses, order books, sudden changes in market capitalization and trades on crypto exchanges.
Whales are held responsible for sudden price fluctuations in the crypto and traditional markets every so often.
Manupilation
GOLD : Gold Under Whales ManupilationOANDA:XAUUSD
Hi , Trader's .. Gold from last week went up because of SVB New's
Since last week Gold is going up in straight line , And retracement is overdue now
Extreme overbought price and after profit booking of Whales
Market minimum 38.2 % retracement is due
1946 is point to be notice
BTC DIP ...AGAIN!....Apparently someone wants BTC price at this level.
This is tottally uncommon situation. Some F2pool dump on BTC just made price do the opposite that we predicted.
Now, we are in the yesterdays price again.
Hopefully whoever is keeping this price level, will stop very soon, and we can see some normal behaviour.
Big Move On EURJPY Following Range Bound Behaviour. Expectation:
Stop Loss Hunt towards the Major Support Level Trapping Retail Speculators.
Approaches Demand Level Below then convert Sell Orders to Buy Orders
Most likely to manipulate the range lows at the start of London session and swiftly move away
Beware of Demand Zone highlighted red above as this could provide some resistance and prevent the market from creating HH on Daily time frame
Legal Risk Disclosure ❗❗
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.