Market Discussions

Yes they suffered and repaired a security breach not long ago, this is probably why you get a warning. But for what they have said, it was an attempt at reading the stored cyphered user names and passwords not to put trojans.
Just don't register on the website if you don't trust them to be able and avoid another breach.

I've removed some trolling from this thread.

No, it's simpler. These days a direct breach of a decently protected system is hard and brute force passwords guessing became harder as authentication procedures often demand the users to use complex passwords etc. etc.

So hackers "harvest" less known or less secured websites and MMOs for millions of user names, email addresses and passwords. Some expecially huge breaches involved WoW, Yahoo and Twitter. They even farmed them off EvE, with social engineering on these forums. Finally they farmed millions of credentials with cookies exploits (Yahoo, Twitter).
When a new product launches, hackers know that the users will reuse the same credentials all the time and thus they attempt automated log ons with those millions credentials they gathered.
The results are huge. Thousands of day 1 compromised and converted to botting accounts in GW2 because the credentials matched with old WoW breached accounts. GW2 had to reset everybody's passwords to stop the rain.
Thousands of Paypal / SW:Tor accounts breached with farmed emails + passwords (to the point SW:Tor at April 2 will stop accepting emails as log in credentials).
Most MMOs and other sites these days will also check what country / newtwork IP branch they get log in requests from and react in case it won't match (see EvE's asking for your account's character name).

Forex is potentially more complicated because:

- Each security pair is formed by two markets (one per pair). In Example, EUR/CAD is formed both by EURo and CAnadian Dollar values doing their course. But one of the neat properties of the markets is that it's possible to merge multiple markets prices in one and get a resulting tradable price (see USA indexes).

- It's currently experiencing a "lazy" phase with currencies not doing a lot in terms of momentum.


But if you look at it as just "a market", Forex is just demand and supply, described by tradable bars like every other market.

Markets are ALL covered by price action analysis, because it's really nothing more than about looking at what those markets do and act accordingly. In example, a pin bar, a triangle, a range market are universal, they really describe common market events.

People on the EvE forums don't make the connection between a bar and what it does. I.e. a bearish BEOB? Oh the voodoo!

Oh, wait, a BEOB is just a piece of record that tells us that a certain day, small traders were fooled to buy high (i.e. speculation) and a large trader evilly dumped an huge load of stock on their face.

So, something "abstract" like a BEOB suddenly becomes "lively". A BEOB = tears and so are other patterns.

A range market? That's just the same guys flipping orders or other guys buying up, then selling the stuff shortly after, possibly being helped by "blocking orders" (large stock buy or sell orders). Guess what, those blocking order become recorded as "support / resistance".

So why use the patterns at all, if they could be mapped just to "trivial" day by day market PvP?

They are useful, because the actors PvP IS the market, they collectively repeat their actions again and again following multiple principles at the same time: demand vs supply, greed vs fear, rumor vs facts and so on. Those actions collectively form large scale / long time other "patterns" like triangles, RMs and so on. Due to the fractal nature of the markets those patterns are nothing else than... larger bars! I.e. in EvE 7 days for 1 weekly bar and 4/5 weekly bars form 1 monthly bar, each of them contains the struggle, the PvP and the tears of all the market participants, all of them contain information and knowledge of that information is power.