I love it when people say "This fib, that pivot, this MA, this program trade, etc.... moved the market" I say most of the time it's a coincidence, but these traders need to have some "matter-of-fact" system based on the randomness they think is not random. Unless you show me the exact reason from the guy who did the trade(s), then we should admit we really have no clue why the market did this or that. I know for a fact that a corporate bond hedged in aussie dollars that was spreaded off into a tranche seen convered into yen hit the ES for 108 contracts at exactly 1:24 p.m. EST. nobody knows. just manage risk.
thanks for telling us what we already know. trading using only ma's, pivots, bollingers will not get us rich overnight. So many smart guys on this forum.
Who cares? I do know EXACTLY why the markets move though! There are either more buyers than sellers or more sellers than buyers. Its as simple as that.
The OP is a sick individual. do a search on 300k to 3 mil thread on him/her. Should be on everyone's ignore list.