Here is a question.

For my readers, I want to say right away. Despite the fact that this topic is very popular today, I deliberately did not make a separate video. Too much criticism will be addressed to me, tk. each trader has his own vision, there are even people who claim that dolls use 200 EMA. Besides, I don't really believe in it. I do not believe that there is such a large player who knows for sure that now he will gain a position, after a while he will slow down the market, and after a while he will throw off his position.

Let's define right away. A major player is a market participant who, through various manipulations, can manage the market, move it and bring it to certain areas. A major player can stop the price, slow it down, etc.

Now let's break down the issue piece by piece.

Why does a major player substitute limit orders?

Here, from my point of view, everything is simple. Suppose we have a certain movement in which, in our opinion. A major player has gained his position. Okay. What's next? Then he moves the price up. Then there is a rollback. The deeper the rollback occurs, the more traders understand that the trend has changed. More traders start going short. On the one hand, the crowd slips their limit orders, which hold back the price from moving up, on the other hand, they go sideways with market orders, which move the market. The market becomes obvious and it can be interpreted only in one direction. In this case, the crowd begins to take money from a major player, which, by the way, Alexander Mikhailovich Gerchik said that a major player can be taken apart by the crowd if it comes against him in a single impulse.

Based on the foregoing, it turns out that a major player needs to stop the market in time, until the pressure of the crowd becomes critical. Otherwise, he simply does not have enough funds to hold back the crowd and a major player will receive a loss.

According to the watchdog of trading, large players can receive a loss. However, they exit without using stop orders. Think for yourself. If a major player exits a long position by a stop, then in this case, each subsequent transaction will lower the price. Due to the fact that the position of a large player is large, that is, there is a risk of getting a stop size in the entire deposit.

When there is a critical (for a major player) crowd pressure, and the crowd begins to interpret the market in one direction... A major player is forced to create a market stop by using limit orders that will hold the price, not letting it go down.

Until the crowd buys these limit orders, this area - the market will not go down. It can be compared to a hammer and a wall. Imagine that the market is a hammer and limit orders are a wall. If you hit a wall with a hammer, the hammer bounces off the wall. However, sooner or later, if you beat the wall regularly, cracks will appear on the wall and it will collapse. Approximately the same thing happens in the market, with one exception. The big player is obliged to prevent the wall from collapsing - or he will receive a loss, which, of course, he does not want.

If the limits are taken apart, the price will go down. If they don’t sort it out, the price will go up or will be in a flat.

When a major player protects his positions with limit orders.

By the way, the tower model embodies this philosophy. Here we see the stop of the market, and the accumulation, and the use of the initiative, because of which the market goes out of its range.

What usually happens?

How can you see a big player? How to enter the market together with a major player?

Of course, it's hard to judge without becoming a puppet. In fact, we are blind kittens who explore the world. Traders tritely guess on the coffee grounds and each understanding of the cool, the understanding of a major player and what is happening has its own. However, there are formations by which one can understand what is happening. In this case, I am considering the Russian market, in Forex, in other Western assets, although a similar situation occurs, it is more hidden.

There is an opinion that a major player works only in a flat. This opinion, unfortunately, is usually not justified, because. there are practically no ideal formations by which we can say with confidence that there are dolls there. However, you can meet them, but again, traders are trying to mystify this to the point of impossibility.

More often than not, the picture is different.

Stopping the market on a trend movement by a major player.

Very often you can see the following picture. We have a long trend movement, everyone understands what to buy, everyone does it. The market slowly grows and reaches a large, obvious level. This is a major historical level important for this asset. The market continues to move, reaching the level, suddenly, there are large candles with abnormal hairpins and high volume. However, the market does not react to this and continues to move as if nothing is happening. After a while, a candle appears again, again with a large volume, again half painted over. Again nothing happens. After N time, the market starts to slow down, flatten for a while and reverses.

If we switch to cluster analysis, or market profile analysis, we will see that volume appears at the very tails of these candles, which tells us about the execution of limit orders. The question is, who sets up such large limit orders? After all, it is clear that the one who does this has a lot of money. If so, he can stop the market. Moreover, if he does this, then he has information about possible events, then this is a major player? Unfortunately, we cannot know for sure.

The same market segment, but in the “market profile”

Please note that large volumes formed in the tails of the candles.

The subsequent movement was sharp, powerful. Please note that a similar picture began to appear a little further. This is normal, because the big man throws off some of his positions. In the following articles and videos I will tell you about it.

The market rarely stops through a hairpin. To do this, there must be either a major fundamental level (in terms of importance for the asset), or news. More often there is a market stop, accumulation and reversal. As you all probably know, there are 2 phases in the market - accumulation and distribution. That is why the market rarely stops through a hairpin.

On the Internet, almost every trader can find information about some major player who moves the price, collects stop losses of traders, etc. However precise definition who is he and what does he do in the market and how, almost no one gives! Major player, period!

A simple trader needs to know 3 things about a major player:

1. How does a major player enter the market?
2. How does a big player make money?
3. How to see a big player

Of course, we briefly touch on who a major player is. There are a lot of big players in any markets and you can never say that a big player is some kind of “evil uncle trader” with big money. Of course not! The big players are pension funds, mutual funds, large and medium-sized banks, industrial corporations.

For example, someone opened a new mutual fund (share investment fund) and collected 800 million rubles from investors and wants to buy shares with this money Russian companies! At this moment, the first question opens, how a major player enters the market! In order to buy, for example, shares of a company for 100 million rubles, you need to try hard! Because if you try to buy shares for 100 million rubles (even the most liquid ones) at the same price, you will have to shift the price with your volume, which of course no one wants! A task big money buy as cheaply as possible and it is desirable that no one sees, otherwise no one will sell cheap and the price will go up!

ATTENTION! Conclusion: a large player can buy in the market, only with limit orders and only in a price range, otherwise the price will move the price a lot and buy the asset at a bad price! Not a little important point, if purchases and sales are made by pending limit orders, it means that he buys on falls and sells on growth, that is

Due to the actions of a major player, consolidation may form:

Due to the actions of big money, levels are formed, there are a lot of examples:

Because of the struggle major players areas of horizontal volume accumulation are formed: Analyzing horizontal volumes in Forex trading (volume profile)

December 2014! Panic! The dollar is already 150 rubles tomorrow, let's run to the exchanger! As a result, dollars were bought by everyone who had never even done this before! 2 days and the market collapsed!

May 2015! Hooray! The ruble has risen, the price is already 49 rubles per dollar! The ruble became the most strong currency world in the second quarter of 2015! The economy is alive! We all run and sell what we bought for 75-80 rubles! Everyone sells and the price goes up again!

Spring-winter 2015. Sberbank shares are standing still in the region of 40-60 rubles per share, no interest from investors. Suddenly, the price imperceptibly begins to rise, around the price of 85-90 rubles, every day we begin to hear on television that Sberbank “rushing through the entire stock market” will break through the historical maximum of 110 rubles and go higher! At the end of November-December 2015, Sberbank reaches 108 rubles! RBC is no longer talking about anything other than Sberbank, the bank's positive report and the first good profits during the crisis are coming out! As a result, the price hits 110 rubles and already now in January 2016 we see the price in the range of 80-90 rubles! Those who bought for 50 rubles sold everything and will soon start collecting a new position, and then the price will go even higher.

June 2016! The news about the exit of Britain from the European Union, the markets collapse in a day by crazy 5, 10, 15, 20%, but all this is a fall in almost all assets, someone buys out and everything that has grown continues to grow further! Of course, those who move the markets and have a lot of money buy out!

Major players in the forex market, as I think, are market maker banks. Here is an article about it.

Forex volume indicators

Hello, friends! Today we will talk about how to find out with the help of indicators of Forex vertical volumes and trading system based on them.

Many novice traders believe that in order to trade Forex effectively, you need to understand technical analysis well. Technical analysis, of course, is a useful thing, but most of the active events affecting the market are associated with large players. In fact, they manage currency quotes and major trends. And the main indicator of the presence of such players is large volumes of transactions.

Volume indicators are the main element of a successful trading strategy. At the same time, it is quite difficult to find good and detailed material on such a strategy on the Internet, on thematic resources, I would even say almost impossible. The main material on which 95% of the training courses in this area are based is “Masters of the Markets”, authored by Tom Williams and a free interpretation of his works by various “gurus” and dealing center specialists. Unfortunately, apart from retelling and adapting its methods and practices, the authors of webinars, as a rule, do not offer anything new.

Before you start working with volumes, you need to have a theoretical and practical understanding of the processes taking place in connection with the actions of market tycoons. It is necessary to perceive any information very critically, weed out the superfluous and focus on the significant. And, of course, experience is extremely important here. Without it, no matter how unique knowledge you have, you won’t be able to make good money. You need to learn how to match technical analysis with the analysis of volumes, behavioral patterns of other traders and the actions of large players. And it is more difficult than it seems at first glance.

To understand Forex volume indicators as quickly as possible, there is an excellent training material that studies vertical volumes, which you will get acquainted with today. This will bring you closer to market realities and market maker logic. is a 7 hour online training with specific practical examples. By studying this strategy, you will be able to improve your forex trading results, earn more and with less risk.

From the course Vertical volumes. You will learn the skeleton of the Atroshchenko system:

Everything about vertical volumes, why they are so interesting to traders;
where and when major players trade;
how to interpret the chart according to the volume strategy;
how to search and filter information;
how to determine the place and time of purchase;
about the influence of volumes on trends;
how to find easy to find a player;
all the subtleties of volume trading.

With this knowledge and skills, you will become a successful forex trader very quickly.

The lecturer of the presented training has already been published many times on the pages of our portal, but today I want to show you a video presentation of him as a trader and coach.

Even MORE private information on . Register and download for free or participate in forex clubbing on, joint. Share your opinion with professional traders -

To all traders, hello! My readers already know that I cover in detail such a type of trading as VSA analysis. In each article, I recall the basic principle of VSA - this is effort and result.

Article prepared AcademyFX Trader Analyst Andrey Miklushevsky.

Today I will finally introduce you to a new term called "accumulation".

The VSA system is needed in order to expose the market maker and its main task is to find out where the big player is going to move the market.

Let's try to think not like a crowd, but like a big player who has a huge pile of money. This money cannot be entered into the market in one position, because such a volume will provoke the wild interest of the crowd. Accordingly, a major player will build up the position in portions, distributing it into several parts.

Let's look at the chart and find signs of accumulation

On the chart, I marked the basic principle " VSA method”, by which you can see what manipulations are performed and who performs them.

The first surge that appeared after the stopping volume caused the price to rise. Hence, bullish volume enters the market. After a pullback, the increase in volume caused the downward movement to stop and the subsequent price increase.

Output: if bursts of volume cause the price to rise, then someone is accumulating position for a "hike up".

On this chart, I showed the result of the accumulation. Not difficult? At first glance, a market maker is a smart "organism" and constantly changes its schemes, shakes it out of the market, etc., etc.

Now let's look at the accumulation phase. Futures gold

1. After a huge volume, the price did not go down further.
2. Then there was high volume and a bullish candle.
3. This gave me the idea that the sale is over.
4. Further, new bursts of volume, which provoke an increase in prices.
5. But growth is limited by level.
6. In the absence of volume, it rolls down.
7. I decided to wait until the next day to confirm my guesses.

1. Everything was confirmed the next day.
2. All surges, despite the news, caused the price to rise.
3. Getting ready to go to the top.
4. Long shadows (up-thrust) stopped from entering.
5. After up-thrusts, the market maker shakes buyers out of the market.
6. After another shaking out, all guesses were confirmed.

The next day, after another shaking out and a colossal effort, the price did not go down. I entered the trade. After breaking through the resistance level of 1169.72, I moved the deal to breakeven. At the time of this writing, the profit was 190 points on the 1st order and 180 on the 2nd.

I understand that VSA analysis is difficult to master on your own in order to have a good profit, but there is always a way out. I have developed an author's special course that will give you:

• 11 vsa patterns;
• S/L 5-15 points;
• risk-reward ratio of 1 to 3 or more;
• signals on the system every day;
• trading by price levels;
• exposing the actions of a market maker;
• the opportunity to enter together with major players.

*By signing up for a special course, you will receive the "Price Action" indicator for free, which greatly simplifies trading using the VSA system.

Trading is a business - it's money. A good business implies sound logic, balanced decisions, competition and much more. No one is throwing money away just like that. Consequently, everything that happens on the exchange is not an accident, but someone's balanced decisions, which are subsequently executed.



In the first part, I just wanted to convey to you that smart money almost always works (form position) in a counter-trend and they are not interested current situation in the market, they plan ahead. The 200-day MA example is just one of the criteria that has been working in our market for the last 3 years, but sooner or later we will see a stronger deviation, so there are a number of other criteria for large and smart money, which we will discuss together in one of the following parts.

Part 2.
What are the big players doing now?
How to determine when the unloading or set of positions began?
Market sentiment.
Manipulations of major players during the day.


To understand the whole course of my thoughts, it is advisable for you to read part 1.

As you probably already understood from the first part, the big players at the current levels are no longer forming anything, but so far they are not coming out, they just sit in long positions for more than a day and watch this whole world circus and how the words of M. Draghi and B. Bernanke are stupidly pushing the markets up on the poor shorts. As for American market, then here, in my opinion, I described everything and so far it is clearly visible that there are not even hints of fixation yet long positions.

They will appear when we see good gashes within 1-2 weeks, well, or a landslide drop of more than 2-3% in one trading session, with the closing of the day at a minimum. Usually, smart money takes several days to fix formed positions up to several weeks, so the markets do not turn around quickly.
Let's now return to the Russian market. Here, too, you should understand that smart money is already in the buy market and at current levels, not a single large normal player will form long positions. The market may continue to take off a little further on the removal of shorts, but there are not so many of them in the market now, so it’s hard to believe in serious growth .


On the MICEX index, we are now seeing consolidation near the 200 day moving average, and this is a very important point. Its breakdown and going up means a change in the medium-term trend, which usually leads to a movement of 7-10% in the direction of the local trend of the last 3-4 weeks. On the other hand, this 200 is also important level resistance, where large players may well begin to fix their long positions, I would definitely do it if I were them. And now there is the most main question– how to determine whether smart money has started to fix its long positions and turn over to shorts or not?


On the daily chart, the unloading and formation of a position can look like in two ways. Either in the form of a 1-2 week saw, and the candles must be with tails (thorns), or the second option - a major player decides not to type the position neatly, but simply enters the market the direction it needs, which leads to a strong movement, and this movement is an impulse for the medium term, provided that the daily candle closes at a minimum or at a maximum. Let me explain about the tails (thorns) of the candles - it is the hosts of the candles that indicate the work of a major player. Since he forms positions against the crowd, he simply and accurately for several days, on every rise in the market, tries to sell throughout the day, but does it not aggressively, so as not to push prices down. Why should he rush if he forms a position with an eye on 1-3 months ? If these tails are constantly starting to appear at the bottom of the candles, and not at the top, then this means that the smart money is constantly trying to buy the market and it is worth waiting for an exit up. I have already said more than once that fools open the market, and professionals close it, so the most important thing is how exactly the main market is closed. trading session, but what happens at the party is no longer so relevant . At the moment, we see that so far only Friday (the last trading day) has given us such a hint, but one day, as you understand, is not an indicator. I did not wait until the end for a major player to show himself and have already formed short position without leverage, you can watch all my transactions and positions with a delay of 30 minutes here - www.itinvest.ru/trader-liga/users/oleynik/ Why I did this I will explain - you should always look at a larger timeframe, it is considered more significant.


But on the weekly timeframe, we all see the same picture, and the big players also see it. The only difference is that the smart money already knows whether we will break through the 1450 mark or not, but for now we are just sitting and guessing. As often happens in practice, if there is a strong level and everyone sees it, then the price either does not reach it the first time or, on the contrary, breaks it, but the first breakdown is usually made false in 90% of cases (remember this too!!!) Stop at my short is just about 2% and is at around 1450 points. BUT!!! I never put a physical stop, it is always in my head!!! Breakdown of 1450 will not mean that I will immediately close the position!!! No and no again!!! To begin with, I will wait for the main session to close, and if the daily candle is closed at the maximum and above 1460 points, then only in this case I will temporarily close the position in order to re-enter the short position a little later.
Due to the fact that there is an over-the-counter market, we cannot see the transactions of large players, so it is difficult for us to determine what they are up to. at least to recognize some hints of certain actions of large players, even during the day. I constantly focus on the same phrase - our market is not very liquid, and this is just right for us - ordinary physicists and a very big problem for large players. It is very difficult for them to enter and exit large volumes in such a market, so they almost always resort to different manipulations. At the last meeting of samartlab in St. Petersburg, I already talked about this, for those who are interested it is easier to watch the video, now I will repeat only partially.
The rest of the post, concerning major players, is also very relevant for intraday players. I will not go far, I will show the obvious manipulations of the major players in the past week, while everything is fresh in my memory. Below is a futures RTS index(timeframe hour). First, let's look at examples, then I'll explain why they are needed.


We all remember the situation that developed on Thursday at Russian market, after the release of the news about Navalny. But no one asked the question - why on Wednesday, with a negative external background, our market staged a rally with the removal of all the shorts? Do you think it was by chance? Remember - there are no accidents in the market! Even all "flash crashes" are someone's planned manipulation. Do you really think that our officials, the closest to the authorities, were not aware of the court verdict in advance? Or do you think that our officials do not play on the stock exchange? Then look at their income statements for the year and you will be horrified by their profits in the stock market. Shuvalov's wife on the stock exchange earns more in a year than her husband, isn't it funny? And since our officials and authorities know about this or that insider, then their brokers through which they make transactions become very quickly aware of the same information, and so on, the information quickly spreads among their major players. And you and I are like blockheads look at all this. Unfortunately, my broker does not have such clients from the government or high officials, otherwise I would gladly repeat all transactions for them if the opportunity arose. Well, okay, these are all special cases that are very rare, but what happened the next day at the party - this happens much more often, almost every other day. After the news about Navalny brought down the stock market in the first half of the day, he went into a sideways trend and stayed there throughout the main session. And only after clearing did the big player do what he was simply obliged to do, since this is his tidbit .


Since the local trend of recent weeks is now up, after a small daily correction, many bounces appeared, which they immediately decided to buy at a more attractive price. There were certainly quite a few of those who wanted to, and they all bought in the indicated consolidation, and the most interesting thing)))) you don’t even have to be a doll or a major player to understand where all these buyers put their stops. And what do you think, if you were a major player, you would did not take advantage of such a sweet moment to remove all this bunch of stops and go long for more favorable price? Everything is done very simply, first they throw market 2-orders into the market, for example, 1000-2000 contracts each, to frighten market makers, and then they calmly push the market down, which accelerates when all stops are triggered, of which there are more than enough, and below there are already their counter orders to buy, and thus “dolls” – a large stop-loss player is gaining a position at a better price. No, do not think that this is the work of brokers, they do not see anything on the market individually, and they do not have such a lot of money that they will risk so much. Somehow I will write a separate post about the work of market makers. The most important!!! Look at what happened in the world at the same time - namely, at that moment, America and oil and the euro-dollar, for example, continued their calm growth or stood still. A similar situation occurs almost every week, and sometimes several times. Remember that in any tight consolidation there are many counter-trend intraday positions with short stops and almost always these stops are removed. Evening is the best time for this, but if it didn’t work out at the evening, then they will do it the next day. Also, remember that if there is a trendy recoilless day on the market, then it is on the evening that a major player will plant all shoulderers who are against the trend.


Let's move on to Friday. You all remember the negative external background in the world, against which our market tried to grow on the news that again the same Navalny was temporarily released. Again - do not think that the one who arranged the removal of stops and the fall by 1.5% of the indices for no reason at the Thursday evening did not know about this news in advance. Even I read this news in the media before the close of the evening session, and when I saw a divorce in the market, I immediately closed my shorts at -1%. Yes, the market took off its tension and emotions on Friday, but you will agree that a 2% upward move was too much. And now think for yourself - how many people shorted the market on the news about Navalny? Wow! To what level was the market brought up on Friday? That's right - up to the mark where the news itself actually came out. And why did they do it? Because there are too many people crammed into shorts. And would a major player go for it if he didn’t know the whole alignment of positions? The answer is obvious . And what happened after the removal of the stops? That's right, the market went down and returned almost to where all this consolidation began after the mentioned news . Why am I telling you all this? In order for you to understand with whom you play during the day and why you don’t have an advantage here, which means that your money will sooner or later flow to others. Market makers, Big players, insiders, news noise - with all this you need to compete and fight all the time within the day. Intraday is the hardest thing on the market, get away from it or at least think about it! If I had not witnessed such actions on one of the desks big company, then I would not write such things to you. On the other hand, such actions do not fall under the article on manipulation. Any major player simply makes ordinary short-term transactions in the market, such as risking their money like everyone else.
Conclusion: work there and on that timeframe where you have a competitive advantage. Brokers do not need your temporary high commissions from intraday, they need stable clients who live in the market for years and bring the same stable commissions!!! And the majority of intraday traders still do not stay in this field for a long time and there is zero sense from them. The main goal in business (trading) is stability and this applies not only to individual traders, but also to brokers and to the exchange. It is not beneficial for anyone that you quickly squander money and leave the market. But only , unfortunately , few people are willing to help you.
After the above examples, we return to the topic of major players from a different angle. It is the above manipulations that are the main signal for a market reversal, and the more often they begin to appear, the more the chances of a market reversal increase.


While the trend is on, you should not climb against it, but when a wide saw begins, it means that the big players are starting to do something. The only question is - what exactly? In order to understand what the big players are doing, the easiest way is to follow the general mood in the market. I used to write very often and said in many interviews that I trade exactly the mood of the market, and only it It makes me understand where the market is looking in the near future. To understand the mood of the market, you need to look at the reaction of investors to the release of important news and statistics. This is a must. It may seem difficult for beginners in the first year, but over time you will learn to feel the market like a small child or your car. The market is just as capricious and always wants something. But it is the change of mood in the market that is the main hint of a reversal. If a growing market ceases to perceive positive news, positive statistics and statements by officials, then this means that it is preparing for a correction. If the falling market stops reacting to the negative and stays in one place, then the main sign of bullish sentiment is to prepare for growth.
A change in market sentiment does not happen overnight, it usually lasts for days or weeks, and it is at these moments that large players form new positions with an eye on several months. That is why I follow all the news on financial markets to see and understand the reaction of investors to them. At first glance, it seems quite simple, but believe me, it takes several years to feel the market.


If you increasingly begin to notice sharp market drifts upwards, without any reason, with subsequent fixation, then remember that large players do this on purpose, which means they begin to roll over from long positions to short positions. If the market starts to decline on positive news, this is again a sign of formation a large short position. Large players very often try to push the market up for no known reason to form a short position, otherwise they cannot form them, so they try to form them in advance and do it against the whole crowd. Once again!!! The more often you see artificial takeaways up, which will be extinguished, the closer the market reversal.
One of the most favorite scams of major players is the first hour of trading. You have probably all noticed how the market from the opening makes a false takeaway in one direction, and the day closes in the other direction. So, if you see in the morning, from the opening, a strong movement towards the bottom and at the same time the external background does not change, then this is the same set of fuel in the form of us swami, in which the market will take off or sink during the day. Even in the first part, I said that large (smart) players try not to move the market at the expense of their own funds, for this they have us))))
Be careful and sincerely wish you all survive in the market. Our entire financial industry is dying because only a few can make money here. I would love to tell you all the grail, but believe me - it does not exist. Only many years of experience will help you earn and survive here, I'm just trying to save a little your money and time. I have always liked my boss V. Tvardovsky for his honesty and openness, so I want to be the same. I don't worry about my broker because he will never be involved in shady dealings.

P.S. I'll write the next part next week, but I'm afraid it won't pass the censors. First I will show it to the management, otherwise they will fire me)))) For those who did not take what they read seriously, please read the first four lines of this post again and remember the situation in May and June in our market, when we saw how our market was pressed down on growth open interest to a historic high. The one who did this manipulation left the market with a profit.

In the following parts:
1. Other criteria for decision-making by major players.
2. Why most private traders are doomed to stock market(mathematical justification)
3. What is the entire financial industry in Russia like? (who chic and who survives)
4. Forex kitchens - fraud and divorce knows no bounds. Why is it better to trade currencies on derivatives market through stockbrokers?