Thread: Find the points or levels of manipulation of the banks

I shared something that happened to me months ago. I bought an �institutional indicator� for $149. I said that I detected areas of smart money accumulation. I installed it, it looked nice. Results? 3 weeks later, 6 loser operations in a row and a red account. That�s where I learned the lesson. If someone has something that really works, they don�t sell it, they use it. And if they sell it, or it doesn�t work or never worked. The difference between marketing and reality in this world is abysmal.

Has anyone tried real methods to identify institutional levels without purchased indicators? I have been reading about order blocks and Wyckoff, and that sounds more reasonable to me than any magic plugin. If anyone has experience applying that in forex or indexes, I would appreciate you sharing how they identify them and what results they have had. I would rather go for something serious than continue to illusion me with smoke.

Another doubt that I have: if this indicator supposedly identifies areas of manipulation, how does it prevent you from getting into the trap of the banks yourself? Because if you are following the tracks, you are probably already late. It is like running behind a train. As fast as you go, if the train has already left the station, you will only see the smoke. In that sense, any tool that does not prepare you to anticipate the movement, is only a rearview mirror.

The idea of banks �touching your stop� is not entirely wrong, but it is not a conspiracy either. They simply have enough volume to move the market to liquidity zones. And where there are stops, there is liquidity. The problem is that you can predict it with a downloaded eBay file is like believing that you can predict an earthquake with a free application. The theory is based, but the tool is not up to date.

The most frustrating thing about trading is that many times you know what NOT to do, but you still do. Buying these kind of indicators is one of those mistakes that you see coming, but you still fall. That�s why I did this post. Because a part of me already knew it was a bad idea. But I needed someone else to tell me out loud. And thanks to everyone, they have.