NO,it is not!Buy posting a chart with the inertia trade you just did,you`ll provide a visual example of what mr.Maestro spoke of.So please,go ahead.
I can see nothing from this chart.You said you had a beautiful inertia trade.Inertia of what?20 or whatever EMA,or smth?What was your reasoning? Sorry couldn`t provide you with my example as here we start talking about an edge .I won`t ever show my edge on ET.
...but you want me to explain you every nuance of how I trade? I told you inertia exists and can be measured, never promised to teach you how exactly it's done. Also this is psychological thread, not TA related directly.
No,you shouldn`t explain it as i see it clearly myself where you are with the EMA in place and fibs retracement.It`s an exact place where such threads and alike end up.
A beautiful human mind! It is very interesting how perception is different among people and the borderline between the productive perception, which can be transformed into the practical skill and perception, which forever stays purely theoretical leading to nothing but even more confusion sometimes.
Again,no offense,but i believe in numbers.Numbers don`t lie.They show it clearly where the EMA, fibs,inertia crowd ends up.Clearly!You can fool me around here,on ET,i don`t care,but you can`t fool yourself.Mr.should have another shot on IA3,as at this time it fell over ''Inertia''.
I have no intention to fool anyone. Neither correct your interpretation. I also believe in numbers (statistics), which doesn't lie. And I would lie if I say market has no inertia patterns, which provide statistical edge. The existence of this edge is perfectly logical, because collective mind of humans (aka crowd) acts much more primitively than individual mind. And even the individual is still subject to "pattern behavior" based on past experience (any experience is past a priori). That's how our brain works, it can't see the future, only operate with the already collected information, which is past.
Probably you are right. But I seriously doubt there are edges in this business, which are absolutely reliable and at the same time able to generate good consistent alpha.