looks like market likes the Geneva results

Discussion in 'Trading' started by Jdesey, May 11, 2025 at 10:02 PM.

  1. Jdesey

    Jdesey

    futures are up.. let's see if that holds for an open gap up..
     
    VicBee likes this.
  2. When are you guys going to understand the market doesn't react to external factors.
     
  3. Jdesey

    Jdesey

    ???? that is nuts... the market moves based on people's actions,, buy/sell/hold/do nothing.... you seriously do not think that people make those decisions based on external factors? Then what do they base the decsisions on?
     
  4. WXY doesn't believe that News or anything moves Markets. He believes prices are predetermined .... by what I don't know. Elliott Wave or something I think.
     
    wxytrader likes this.
  5. Jdesey

    Jdesey

    I agree.. behind every price move up or down is human activity. I try to remember that at all times. The prices cannot move without selling or buying of the assets. What is truly remarkable is that every trade has 2 parties and each one thinks they are right. Obviously only one of the 2 will be right.
     
  6. You believe that Prices are predetermined by some mysterious force or God, not by people's reactions to News or events?
     
  7. Jdesey

    Jdesey

    I don’t think you read my comments. I say very specifically that price has moved because of people’s activity. Buying and selling the underlying assets.
     
  8. Wait up Wxy. Back a few Days ago you told me the Market was headed down for Months. Now when the Market is going up, your proclaiming your God of predetermined Prices foresaw this?
     
  9. Of course! It's part of the cycle...it doesn't go down forever. Anyway, all I said was this market was right on schedule for a massive correction, which coincidentality aligned with current events....or should we say the current events aligned with the cycle...


    They are pre determined by previous patterns which are predetermined by human nature.
     
    Last edited: May 11, 2025 at 11:34 PM
  10. Wychoff, Elliott Wave ???