Yeah, outside of just being social and finding entertainment value, the 'diamond in the rough' approach is pretty common.Chrisrocs said:Instead it's more of a "Diamonds in the rough" scenario; Some great traders are willing to share some stuff to the truly aspiring newbie, but you have to be able to find it, and recognize it for what it is. Then the even harder part comes, you have to actually do it and learn it. !!!!!!
Speaking of keeping things simple, let's study some Hurst!!! ;DSimple works in forex and all other tradable markets, because they are all very simple.
All Markets will continue to go up, down and sideways until further notice.
Most traders complicate things incredibly, so they are not compatible with simple markets and will continue to fail.
in the time it took u to write out this shit, i could've bagged 2-3% during LO or NYO.Peterma said:OK - want to hear some retail shit talk, from a guy that trades from home, all by his lonesome?
I said earlier to think about the why of divergence. So think about Shopsters quote, think about the manipulators, spoofers, smarts whatever you want to call them- think of the us and them, doesn't matter retail vs inst, hf vs bank, seller vs buyer.
So why push price up? - to sell a bucket load at profit, the same bucket that got filled when they pushed it down.
In stocks most participants will look for breadth, research that and you come to a/d, research that and you may come to the McClelland Oscilator and guys like Thos Aspray and how they use it.
Research the linked retail shit talk and you will encounter Terry Lauder, research T-Theory and you will encounter a/d
So what's so fancy about a/d - well if the S&P is rising and is doing so on only a few stocks - possible to see with a/d divergence (the generals leading without any backup or the spoofers telling a lie) then would you buy into that rise?
So no a/d possible on fx? but there is momentum.
They all say not to stand in front on momentum, that it takes a lot to reverse it - true, a lot of orders in either quantity or size (failed divergence).
Just like a/d, if price is going up and momentum is going south, then manipulator at work, only one thing will run them over and it sure as hell won't be us.
Then again it could be all just shit talk, who gives a damn?