I think it depends on your entire worldview. Based on the above you are Nomologically Deterministic in your market beliefs. Regardless, the only REAL question to ask is --- can IT be exploited ????? best, surf
We have different beliefs, experiences and inference. I was lucky to be a scientist by training and an inveterate problem solver by opportunity. I see market variables as granular. Thus the mathematics of the market is finite mathematics. there are few pieces in the set of elements in the finite math of the markets. Under 60. SQL provides RDBMS and the key that interconnects data bases is the End Effect. A COMPLETE set of elements is easily obtained. QED.
I predict markets the same way I predict how a jack hershey post will play out. starts out slow, rambles, rants, then ends with an unintelligible burst of obscurity.
LOL so true. Jack Hershey is doing an amazing troll job. I just laugh about the stuff he posts. Its like he is playing the role of this savant who speaks in his own language based on his own warped view of the world. But for the rest of the world, it makes no sense at all and is completely random LOL... And yea... just like the markets.
Jack probably receives 5 to 10k dollars from 1 in 10,000 readers to trade on their behalf to extract the full offer of the market and double monies weekly. THAT is trolling and there is method to that madness. Honestly, do you think he actually believes the shit he writes? Dont answer that.
As a staunch defender of Jack in other threads......hell of a job getting things back on track. I just cant remember which threads so dont ask.
Sounds good. But... What is a zig-zag chart? How does one know change of sentiment has occurred for one to record up or down on 30m, 5m and zig-zag chart respectively and take trading actions? 1. Up, up, up is enter long. 2. Up, up, down is hold. (how to hold as 3-tick rule would have stopped out one's long position?) 3. Up, down, up is sidelined. 4. Up, down, down is enter early short (?) 5. Down, down, down is enter short (?). 6. Down, down, up is hold (?). 7. Down, up, down is sidelined (?). 8. Down, up, up is enter early long (What is early long?). (* phrases in grey are your suggested actions) Another major problem I can see is that slower 30m's sentiment change signal is always late to log due to the trend overlap nature. Welcome back.