What do you absolutely know about the Market?

I'm not looking for accuracy - just hoping people could think about the question and write a response. The focus is on the market itself not on trading in general. I hope you can make the distinction between the 2 before answering. Try and focus on truths rather than beliefs

I don't care if its right or wrong it's not a fact finding exercise.

leave the debate for the markets to decide who is right or wrong

let it roll

Thanks

Strict Rules of the thread: Answer the question how you see fit. Simple. Any members that start debates or go in any way off track will be blocked from posting. Posts that don't relate to the question will be invalid. Respect others opinions and leave them be.

every period is comprised of
open, high, low, close

the market has 3 types of structures
bull
bear
ranging

price moves in waves

Demand goes to supply, and supply goes to demand.

Oh, and the market is always right!

Analysis the economy and market fundamental. Fundamental drives the price actions. Technical is fault, unreal and temporary only.

Just because you do not understand technical analysis, doesn't mean it doesn't work.

I don't give two bits about news or fundies, everything I trade is on the charts.

Kavaljit Singh jdlkjdf sekfxjng;ls ghsjjgr

This time it's different......

Liquidity provided... liquidity consumed... http://math2033.uark.edu/wiki/images...ty_symbol1.jpg

Markets exist.








"The trend is NOT your friend, pal. It's MY friend. But it's not yours...."
-me

That's it's movement's are simple, what isn't simple is YOU and life in general. To quit is never an option, and also that when you feel down or overwhelmed, you should think of the limitless potential of humanity's ability to create the coolest shit EEVVEERR. Find power and comfort in the last statement

If I know any one thing about the markets, it's this...

Quoting yourself is the lamest shit ever.

One more hugely important fact.

I'f you should take loss after loss after loss, dont let it break your spirit, let it strengthen your resolve to overcome instead. Revel in the fact that when you wake up in the morning, your renewed, you have another chance.

This is key for me, I've been at this for a while with mixed success and I used to let it get me down and even though the losses still sting, they dont sting as much. I"m able to SMILE.

Can we please keep it focused on the market itself, not the individual trader and not judging other peoples response

Trankuility you are now blocked from this thread

Thanks for the responses so far, very interesting keep them coming think about it, what are the things you know for sure about the market?

Price is a function of liquidity, liquidity is a function of supply, supply is a function of demand, demand is a function of price

A monthly and weekly trend will continue for an extended period because the fundamentals of an economy do not change overnight

It is a system, a network of people making binary decisions on price direction. Prices move as brownian motion, randomly but can also be chaotic and cyclical. Social psychology plays a major factor. On fundamentals: it is not often on what should happen but the quantity and volume of what people think should happen that matter more. On technicals: works and can be useful for prediction but the foundation of market movement rests on fundamental information.

The open-interest of large traders is published every week. For currency, you can find it at http://www.cftc.gov/dea/futures/deacmesf.htm

The section we want to focus on is "NON-COMMERCIAL". The numbers are useful when you see an extreme high in long positions and extreme low in the corresponding short position and vice versa.

This is a good indication of a possible turning point in the currency.

All market movements are based upon collective demand and supply created by millions of buyers and sellers. Since objectives and levels of such demands and supplies among these sellers and buyers vary second by second, market never remains stable at one price level. It always keeps on moving either up or down. However, whatever direction it moves, it never goes straight in that direction. Each currency pair has its own personality with steady and recognizable patterns and pace. This seems a bit strange, but it is an undeniable fact that market tends to respect psychological levels, pivots, fibs, waves, trend lines, etc. as supports and resistances. Market flows from one point to next forming price trends and consolidations. Price consolidations ultimately break, followed by retraces. Market sometimes shows high volatility and forms spikes, especially near news releases. It takes much force to stop and reverse a mega market trend and therefore reversals of main trends take time.

Particularly love the final phase of your statement.

everything about market lies before your eyes. Techies or fundies, it's just your own perception of how market will behave. Repeat, YOUR OWN!

Regards,

1. you need to deposit before you can participate on the market.

2. you can't win without taking any risk

3. noone is able to predict any move at any time with 100% probability.

4. MM is the core. Short run profits are only in Las Vegas.

5. to profit, you need to be successful LONG TERM. Which means, winning
51% of trades is enough.

4. 90% or more lose consistently

5. other 10% either have insider information, good MM and trade management skills, proven methodology that is constantly being adjusted to follow and even pioneer markets, awareness of the current events that affect markets, excellent understanding of other trader's psychology and market sentiment, unbending control over greed and other emotions, big capital that can move markets in their favor, or ANY combination of these

6.markets either go up or down.
even if it is said it's 'ranging', it still has moves up and down, though with little volatility.
it never stops. it always moves.
otherwise there would be no point to participate. if it goes up, buyers profit, if it goes down, sellers profit, if it stays - noone profits.