what if this is all a conspiracy?

Discussion in 'Psychology' started by mute9003, Aug 22, 2021.

  1. Bad_Badness

    Bad_Badness


    I would add time of day, within the trading day.
     
    #31     Aug 24, 2021
    KCalhoun likes this.
  2. KCalhoun

    KCalhoun

    Absolutely, especially on slower days. I like 9:35-10:30 best. Though I also nailed AMC breakout this afternoon
     
    #32     Aug 24, 2021
  3. Agree with this.
     
    #33     Aug 27, 2021
    smallfil likes this.
  4. I also thought about it, but then I remembered that forex market is driven by institutional investors.
    If we talk about technical analysis, the inclinations of the patterns like 'hammer' are unfamiliar only to us, but they are concrete indicators for the economists. Nobody really explains to us intrinsic processes which lie behind those patterns that is why it seems to us as a magic or a certain convention among the traders. However, those patters signal us about some massive operations which are implemented by the banks or funds. Different indicators and charts only show us the trends but they are not trends themselves. It is only the representation of the information which we observe in the trading platforms. Nobody trades candlesticks themselves, real traders base their decisions on the information which lies behind those bars.
     
    #34     Sep 1, 2021