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superdezign replied Jul 25, 2011First off, thanks for contributing to the thread! As for your post on "unconscious subpatterns of human nature", I have a few things to say about that... 1.) Yes human nature is a large part of the market, however, one thing I learned is that the ...
Price action is dumb, and you're lazy for thinking otherwise
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superdezign replied Jul 25, 2011The long and short of it is... You wait for a move and buy on the pullback?
Price action is dumb, and you're lazy for thinking otherwise
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superdezign replied Jul 25, 2011Yes, but the current market price brings out a select quantity from all willing and able market participants which defines the supply and demand, the excess quantity from either side (whoever has more purchasing power) has to be filled at different ...
Price action is dumb, and you're lazy for thinking otherwise
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superdezign replied Jul 25, 2011Thanks for the bite but I wasn't really going anywhere with that.. But let's focus less on the details of your method and focus more on what makes it tick.. Why are past prices important?
Price action is dumb, and you're lazy for thinking otherwise
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superdezign replied Jul 25, 2011Yes and no... If you have logic that is irrefutable behind your system how can anyone dispute that? I can't necessarily dispute gravity. Example: You can't dispute that there needs to be more buyers than sellers for price to go up... ...All I am ...
Price action is dumb, and you're lazy for thinking otherwise
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superdezign replied Jul 25, 2011Welcome to the thread sir, Ok cool, let's try this... Price was at 30 traded up to 50, now its at 43 Buy/sell?
Price action is dumb, and you're lazy for thinking otherwise
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superdezign replied Jul 25, 2011monkey@forex;4808722 My point wasnt suggesting that one should be totally ignorant, but over exceeding knowledge can induce analysis paralysis... Knowledge is power, I have never seen learning too much as a problem, as long as you are creative ...
Price action is dumb, and you're lazy for thinking otherwise
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superdezign replied Jul 25, 2011I would also like to dedicate this post to all the traders who have thanked me for being "civil" I am doing my best not to offend anyone, and I am glad most people realize that. I feel like this can be a learning experience for everyone, including ...
Price action is dumb, and you're lazy for thinking otherwise
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superdezign replied Jul 25, 2011[quote=pipexplorer1;4808708] Correct there only has to be more buyers than sellers at any given point in time for prices to move up, however, there are always people sitting on the sidelines. And the problem becomes, when do those people join up, ...
Price action is dumb, and you're lazy for thinking otherwise
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superdezign replied Jul 25, 2011Hmmm your logic has a few holes in it when applying it to markets.. Who is to say $80 for whatever you are buying a bargain? I get how SD levels work, you look for a level price has bounced off of and buy there, and I know it gets a little more ...
Price action is dumb, and you're lazy for thinking otherwise
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superdezign replied Jul 25, 2011Nope, I havent even begun to know all the millions of variable, what I fear is that people use indicators and don't realize what they are getting themselves into, even though they are willing to put their hard earned money on the line. I am not ...
Price action is dumb, and you're lazy for thinking otherwise
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superdezign replied Jul 25, 2011@frankkn As much as I wanted to use the quote button, it seemed a little daunting having all that text sit above mine.. Ok first things first.. He referred to SD levels, which I am guessing he means "support and resistance" Lets shoot for the ...
Price action is dumb, and you're lazy for thinking otherwise
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superdezign replied Jul 25, 2011If you would be willing to post it that would be cool, then I can pick apart pieces of your system and break it down to get to the logic behind it, if there is any at all (not saying there is or isn't, just curious to see). I just didn't want to ...
Price action is dumb, and you're lazy for thinking otherwise
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superdezign replied Jul 25, 2011Sure thing Yes time is a variable, and if you use time with price then you are a momentum trader price/time = "price velocity" But moments are fleeting, as are the people who shaped your candlestick the way it is... Think of it this way... today ...
Price action is dumb, and you're lazy for thinking otherwise
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superdezign replied Jul 25, 2011Nope, not selling a system.. This is simply an experiment.. I was curious as to if anyone actually knows how their system/methodology/whatever actually works. My ego is already big enough, please dont touch it, it might explode.. I wont post results ...
Price action is dumb, and you're lazy for thinking otherwise
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superdezign replied Jul 25, 2011Ok.. my turn to use the quote button... No.. Price is a single variable.. and that is all price action uses... Counterpoint.. go...
Price action is dumb, and you're lazy for thinking otherwise
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superdezign replied Jul 25, 2011Lovin this guys, keep it going! @qwerty00 Past price action is price action. Take a doji for example: it happens, you observe it, it is a collection of the trading of that past session (whatever it may be -- day, week, hour). Everything, be it ...
Price action is dumb, and you're lazy for thinking otherwise
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superdezign replied Jul 25, 2011@nasir.khan Haha thanks for the grammatical correction, Havent slept in a few days.. As for the pin bars... They mean literally nothing. They would mean something if every market participant was staring at the same chart at the same time and we made ...
Price action is dumb, and you're lazy for thinking otherwise
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superdezign replied Jul 25, 2011I dont want anyone's system, please keep them to yourself. I would never share mine, since I have been developing it for 5 years. I have spent thousands of hours testing it, developing theories, I even taught myself calculus. I was just wondering if ...
Price action is dumb, and you're lazy for thinking otherwise