what most of North Americans don't understand because they don't know much about the rest of the world is that Japanese are very artistic and sophisticated traders. here is what happened because of their tendency toward short term trading, they have significantly altered behavior of Nikkei now here is where it gets ironic, by being so active in the market they randomized the market much more, just like ES is more zig zaged than anything else in US BUT, in doing that they actually created movements where a very significant edge can be exploited this is the funny truth about FREE markets is that no matter how many sophisticated players you introduce there always will be opportunities for a savvy trader to exploit
thank you for sharing this piece of wisdom! did you come up with this yourself or did you read it somewhere?
great! keep them coming! actually, I hope somebody will disagree with your statement so that we could have a nice discussion.
the problem with ET and nature of this business is that I am simply not willing to show my methods, programs, etc imagine how cool would it be if people shared their work there are people on ET that really know what they are talking about but they have no choice but to keep it quiet
seriously though I always thought it was impossible to profit in a "random" market, because the spreads would kill you in the end. I have kinda looked over the nikkei a few times but never spent more than 20 mins analyzing it. Wonder if japanese candesticks will work on the nikkei, muhaha
Sounds like you had a winning week or month or trading and now this is easy? The fricken market has so much range and opportunity that it is juicy now but wait til we settle down in Range and you can not cover up your mistakes and lack of discipline. A BSD does not go around bringing attention or patten him self on his own back.
who do you think you are talking to Fukc you you think an intelligent thread talking about greater understanding of why prices move the way they do can be made by a noob once again F YOU