Hello,
I am currently working on a concept of my own and I would like to ask some questions about it. It would be really nice if we can have a discussion and whether you think I am right or wrong you should say exactly what you think. One of the most crucial part is telling whether you are a fundamental trader or a technical, also what type of technical trader are you? J16? Indicator?
My questions to you is:
1. What moves the market?
2. What is the market to you? i.e. is the market a place where people only trade their expectations and what you see on a chart is what peoples expectations are?
3. Is the market a search for liquidity? I.e. it moves from area of large liquidity THROUGH area(s) of low liquidity to another area with large liquidity, so more or less - the market is a search engine. Look at attached picture for case in point.
Thank you and take care.
I am currently working on a concept of my own and I would like to ask some questions about it. It would be really nice if we can have a discussion and whether you think I am right or wrong you should say exactly what you think. One of the most crucial part is telling whether you are a fundamental trader or a technical, also what type of technical trader are you? J16? Indicator?
My questions to you is:
1. What moves the market?
2. What is the market to you? i.e. is the market a place where people only trade their expectations and what you see on a chart is what peoples expectations are?
3. Is the market a search for liquidity? I.e. it moves from area of large liquidity THROUGH area(s) of low liquidity to another area with large liquidity, so more or less - the market is a search engine. Look at attached picture for case in point.
Thank you and take care.
Attached Image