DislikedMy last post on this forum and off of FF pretty soon. There are some really good traders in here but they seem to not be understanding that we’re trading with banks so your indicators are going to be indicating you after the fact. How many different settings do we need to see on a MA to know it’s just that an AVERAGE. Doesn’t mean that every time it crosses above or below that’s just what’s going to happen and in fact if it did we would all be millionaires and the markets wouldn’t exist. Accumulation and Distribution and Orders Blocks at the extremes...Ignored
A better thing for Retail Traders to do is to completely detach from the idea of trying to figure out what banks are doing. Instead, the Retail Trader is far better off teaching themselves how to Go With The Flow of whatever the "banks" are doing. Banks are not Scalping 100s of millions or billions of dollars on a 5 minute hot tip trade. Because their size is so large, they have to build their positions over extended periods of time.Typically, when the masses are selling, institutions are buying - building a position. When the masses are buying, typically, institutions selling - once gain building a position. At some point, that "pattern" of institutional position building will result in what you see as a market on the move as price reverses and begins moving forcefully in the opposite direction relative to most Retail "Dumb" Money (that's what they call you as they laugh their way to profits).
just ask yourself do you think banks move the markets because an indicator says so. No it’s price.
This is why price action I think will always be king. Since trading it I don’t see why’ll I ever change
7