Crowd behavior moves markets is TA myth number 1. Capital flows move markets, capital flows can be controlled by one person or entity, this has nothing to do with the "crowd" or crowd behavior. In addition, your levels can be replicated by pseudo random number ( within a range) generator-- so clearly it's not sellers/buyers causing them. surf
Thank you, you are too kind! This time around I intend to share a lot more. I am pushing 60, so there is very little reason left for me to hold it closer to my chest. I think I will enjoy it more if others get on board of this research as well.
I think he is talking about the feedback levels though. In some instances the feedback could be strong enough to create the "whistle". Think about it
Okay, so. Human being the remarkably superstitious creatures that we are, here is a theory. Tracks the superstitions. In doing this. If we get a price point that is a whole number, on a Gann inflection point, that turns the stochastics and MACD up, on a new moon, at a 50 percent fib retractment, then it might be a good buying point. Why? We have corralled enuf superstitions to have enuf traders involved at that point. What are your thoughts?
the capital flows controlled by the banks,countries,currencies,the larger players, are themselves a crowd
Good starting point. However, in order to extract this information reliably you need to create the threshold filters. Those though cannot be static. That is why I said earlier that we need to include the human brain in the loop. I will try to show later how exactly one can do it.