when it comes to noting divergence.
Tea
FWIW I am getting exactly your view using fib timing cycles and fractals.
KC
Posted 04 May 2007 - 11:36 AM
when it comes to noting divergence.
Posted 04 May 2007 - 12:24 PM
There's that reference to "they" again. Who exactly are "they"? Are "they" like the guy who sits up in the control booth on "Deal or No Deal" and phones down to the floor of the "exchange" and dictates profit and loss?but I hate it when the public gets bullish and they pull the rug under them and chop their heads off when they all get bearish
Your time frame is never "overlooked", at least by me, but what may be "overlooked" is using a technical tool to reinforce a preferred bias of pattern where there is no bias to begin with. You recently tried using McClellan Oscillator in this fashion just two weeks ago when it last went below the zero line, and though you did get a day trade out of it, it was nothing more than that.....because....there was no sell signal and there was no divergence in the first place.Most often overlooked fact is what time frame other traders are trading and what trend that particular time frame happens to exhibit.
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions
Posted 04 May 2007 - 01:09 PM
There's that reference to "they" again. Who exactly are "they"? Are "they" like the guy who sits up in the control booth on "Deal or No Deal" and phones down to the floor of the "exchange" and dictates profit and loss?
Posted 04 May 2007 - 03:00 PM
So...let me see if I understand you. You're saying that the markets are "unfair" because there are larger fish sitting on the sidelines with the prime objective of screwing the hand that feeds them...the little guy? Why would anyone who runs a business want to do this to those who you make your living from? Is it the objective of the Federal Reserve to purposely put people in the position for them to eventually fail? Wouldn't this then hurt the engine of the US Government where tax receipts would suffer from such practices...no less the loss of confidence of doing business on a level platform??They always have the advantage over the public because they can manipulate the currency and set the interest rates primarily, they can borrow much cheaper or higher leverage than the public (10:1) and manipulate the prices directly secondarily.
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions
Posted 04 May 2007 - 04:52 PM
Posted 04 May 2007 - 08:52 PM
By the way....in order to "crap" you must first "gap". That didn't happen this morning.
So...let me see if I understand you. You're saying that the markets are "unfair" because there are larger fish sitting on the sidelines with the prime objective of screwing the hand that feeds them...the little guy? Why would anyone who runs a business want to do this to those who you make your living from? Is it the objective of the Federal Reserve to purposely put people in the position for them to eventually fail? Wouldn't this then hurt the engine of the US Government where tax receipts would suffer from such practices...no less the loss of confidence of doing business on a level platform??They always have the advantage over the public because they can manipulate the currency and set the interest rates primarily, they can borrow much cheaper or higher leverage than the public (10:1) and manipulate the prices directly secondarily.
Come on Kisa...this kind of thing you're lamenting about has been going on since the first human who discovered fire marketed this same product for others to use. Those who have been around for any length of time will also tell you that we have all heard these same things over and over and over again for as long as they have been alive...only the names have changed over time.
A game? Yes. Can you do anything about it? No. Should you worry about it? Why - to what end?? Can you accept what you can not change, but do the same thing in which you claim these same people do for your own self serving and selfish interests so that you can survive? Absolutely. For every buyer, there's a seller. For every winner, there's got to be a loser. That's just the way it is.
Bottom line...all of this unfair political/fundamental propaganda is promoted by those who wish you ill and not to succeed in life so that you NEED THEM in order to live your life. The sooner you let go of this grandiose diatribe, the better off you and your family will be, both financially and mentally. You knew all this going in, and still you decided to play the game. Nobody cares one iota if you think the rules are fair or not...especially those who you believe practice this kind of subterfuge. All you should be concerned with is whether there is enough money (liquidity) in the system to directly be invested in a monetary class or not. It doesn't matter where this money comes from, or who created it. All you should care about is whether it's there or not and position yourself accordingly before the rest of the other "suckers" do.
Have a nice weekend.
Fib