Real Reasons Behind Market Patterns

Discussion in 'Psychology' started by cornix, Sep 3, 2014.

  1. cornix

    cornix

    That's fine from trading standpoint, but what is the cause of those patterns forming in your opinion? They form randomly, then attract people and become non-random or form as non-random action from the start?
     
    #31     Sep 10, 2014
  2. cornix

    cornix

    So in your opinion, whole TA is marketed product pushed by someone to retail customers?
     
    #32     Sep 10, 2014
  3. moonmist

    moonmist

    #33     Sep 10, 2014
  4. ammo

    ammo

    i think the largest banks and the fed are using the market as an advertising campaign to garner bond sales ,sort of an economic or currency /bonds war since 08
    prior to that the market like te gdp was/is? fueled by buyers and sellers but ..there are monopolies, and they have deadly information and massive accounts, they see those s/r lines ,those fibs ,chart cycle patterns, and could easily take advantage of the smaller retail crowd in a much larger way, but then they would kill their golden goose
    before 08,bear stearns would use it's knowledge as one of those 5 or so largest houses to prey on the other largest houses ,whale on whale so to speak, some believe that's why they werent saved. now they are all working together.
    so i am not saying that it's entirely a sham, just saying that it's not a religion or something you should blindly believe in, one should always try to have as large of a scope on things as they can grasp and never get comfortable with it, always look for ways to expand that as the market evolves
    global scientists are presently trying to expand their knowledge on climate change, these once in a huindred year rains are happening every couple of years recently
    back to your original question, i think a lot of times those lines are manufactured, it creates order, like roads, making order out of chaos , easier to make or control money, the economy
     
    #34     Sep 10, 2014
    vicirek likes this.
  5. cornix

    cornix

    So we have at least one interesting theory here: that major TA structures are manufactured artificially in order to keep market within somewhat logical boundaries...
     
    #35     Sep 10, 2014
  6. ammo

    ammo

    theory is the key word, those that actually know,if THEY exist ,another theory, keep a tight lid on it
     
    #36     Sep 10, 2014
  7. cornix

    cornix

    Definitely that's not a clear matter to discuss. Nevertheless, very interesting. Having an academic background, I never was satisfied with just "this works" approach. Always need answers WHY it works as well.
     
    #37     Sep 10, 2014
  8. ammo

    ammo

    cash dow trans and ndx, have some work to do in ndx,trans and dow to get this market to drop,spx is the only one in a clear drop, the others are still above earlier resistance breakout levels
     
    #38     Sep 10, 2014
  9. ammo

    ammo

    you can see above the structure of ta and how well it works, i think its built to simplify things, maximize profit, and now accepted as the norm, how else would they be able to get all the stock prices of 1000's of companies to rise and fall in unison
     
    #39     Sep 10, 2014
  10. cornix

    cornix

    Could it be everything is simply so arbed-out nowadays with all those algos exploiting every little discrepancy that it causes synchronous moves?
     
    #40     Sep 10, 2014