god makes fashion
and jesus is fashion icon,do you believe in god?
and jesus is fashion icon,do you believe in god?
With a good book and quality paper you can fine wipe your ass.
- #22
- Nov 6, 2013 1:45am Nov 6, 2013 1:45am
- Joined Mar 2011 | Status: I should be on your ignore list | 5,597 Posts
- #24
- Nov 6, 2013 2:14am Nov 6, 2013 2:14am
- Joined Mar 2009 | Status: Trader | 6,418 Posts
Is this a random dance?...
- #26
- Nov 6, 2013 2:25am Nov 6, 2013 2:25am
- Joined Aug 2011 | Status: Trader | 1,327 Posts
No greed. No fear. Just maths.
- #27
- Nov 6, 2013 3:03am Nov 6, 2013 3:03am
- Joined Mar 2007 | Status: Trader | 1,066 Posts
Essentially, the market is a mirror of human behaviour which at times is seemingly random and chaotic. However, once you put humans under particular types of stress, then the behaviour becomes more predictable. To illustrate this, a fire alarm goes off in the cinema, what are most people likely to do? With the market, a news item is positive for for the $, the market spikes showing $ strength what are people most likely to do? Or the market makes a yearly high, what are most people likely to do? Couple this with the socio-economic engineering by the banks and the government/feds and social networking sites (no names- 
), then you have conditions to make what is seemingly a chaotic random market more predictable. It's knowing where to look and when to look.
), then you have conditions to make what is seemingly a chaotic random market more predictable. It's knowing where to look and when to look.
- #28
- Nov 6, 2013 3:16am Nov 6, 2013 3:16am
- Joined Mar 2007 | Status: Trader | 1,066 Posts
Is this a random dance?... {image}
I think the key is, is it random in the context she is in? If she was at a funeral and she suddenly started dancing like this, the act would be considered totally random and chaotic behaviour within the context she is in. Given the context in the picture which provides our only visual clues, we can see that her behaviour is appropriate due to the flashing lights and stage setting.
So putting the market action into the context of where the market is in terms of price, and where it is within the wider fundamental/past-present and future context, then we have a better idea of what to expect the market behaviour to be. Obviously we cannot know everything and from a purely technical perspective this is when price action, which we might also use alongside our fundamental analysis to look for clues, will catch us out.
- #30
- Nov 6, 2013 4:53am Nov 6, 2013 4:53am
- | Joined Feb 2007 | Status: Small is beautifull | 1,368 Posts
I If some japanese purchasing manager decides to flatten the account with an australian supplier he is unlikely to take notice of any technical levels to do this, he is more likely to do it right after his morning shit. Whether that cash flow in AUD/JPY occurs in this 15m candle or the next depends on whether he opted for the steak or the vindaloo last night.
There's always money in the banana stand.
Rather than say it is random, I would say it is a noisy, non -linear process, filled with bubbles and panics, big and little.
Consider a flock of sheep grazing in a field. They generally do not move very much until they run out of grass to consume. Then they move on, so the movement is in lurches, not linear at all.
Incidentally. We are not the sheep. Usually we are the grass. The trick is in getting to be a sheep. Kinda humbling, ain't it?
Consider a flock of sheep grazing in a field. They generally do not move very much until they run out of grass to consume. Then they move on, so the movement is in lurches, not linear at all.
Incidentally. We are not the sheep. Usually we are the grass. The trick is in getting to be a sheep. Kinda humbling, ain't it?
- #36
- Nov 6, 2013 8:19am Nov 6, 2013 8:19am
- | Joined Feb 2007 | Status: Small is beautifull | 1,368 Posts
