Down in darkest Dorset looking after my elderly Mum for the week, with painfully slow internet, so won't be posting much. All your posts are greatly appreciated so keep the analysis coming guys!
The HolyGrail 1.6 Crashing Mt4 2 replies
Help! my MT4 keeps crashing. 4 replies
"Live Update" crashing MT4? 5 replies
metatrader keeps crashing 2 replies
two version of FF tunnel Chart, one say down, one say up, which one is correct? 3 replies
DislikedDown in darkest Dorset looking after my elderly Mum for the week, with painfully slow internet, so won't be posting much. All your posts are greatly appreciated so keep the analysis coming guys!Ignored
Disliked{quote} Thank you for allowing my opinion to exist Yes, that's the conventional Efficient Market Hypothesis garble that the market mechanism is about valuation based on available information. Then there's Andy Lo's Adaptive Market Hypothesis, which tries to bring human psychology and behaviour into the picture. One step in the right direction, but still academic waffle in my view. I don't think the objective of market participants is to agree about fair value. People participate in the financial markets for the good old reasons of money and...Ignored
QuoteDislikedStill I can't understand why you discard fair value as meaningless since profit opportunity exists if price, i.e. approximation of the fair value, deviated enough to bet on its convergence to the intrinsic value.
QuoteDislikedRegarding adaptive model hypothesis that you mentioned well it works, when all participants are people. Would be true for 19-20 century but not for 21 where 70% or more players are robots.
QuoteDislikedMarket micro moves should have some inefficiencies, take the robots which drive the trend thanks to positive loop effect.
QuoteDislikedPersonally I believe (what is backed by some statistical proofs) that 90% price follows Markov property, means only current price is important.
DislikedAnd that Dax trend line held again. I have a tightening of my moving averages on Dax, indicating possible exhaustion, so we may be in for some down time next week, looking perhaps like consolidation on Monday and selling on Tuesday, especially if Dow can hold at this level, and not break conclusively above 26,100-200ish. It'll be clearer on Monday morning.Ignored
DislikedThe Dow has pulled back off a fifth touch on this rising wedge and this wave count - for what it's worth, any comments more than welcome - prompted me to pull the trigger on a short at 26222. {image}Ignored
DislikedThe Dow has pulled back off a fifth touch on this rising wedge and this wave count - for what it's worth, any comments more than welcome - prompted me to pull the trigger on a short at 26222. {image}Ignored