Recent content by ZedMan

Gold backed crypto. https://www.perthmint.com/invest/goldpass/perth-mint-gold-token-pmgt/

I do, but no one seems to like it. Buying and selling is not how it works, although retail and news sets direction and changes. The algos from the big boys move the prices around. There is a multilayered system of 'tracks' that are created to follow. When you see the price move such as it...

So now it isn't Biden's fault. I can't keep up...

"Magic Crayons"

He is so powerful that he can influence all the other countries experiencing the same thing.

You really only needed one point: 'Wallstreetbets' Stonks became like crypto and NFTs, so according to my magic crayon lines we are still running a bit hot.

Asian and European markets drive some of this, as well as pre and post market trading. Also the algos move the price action(PA) around and have programing that is more complex than just the current price based on 'people buying and selling'. The volume profile tells much of the story. If you...

I would absolutely like to prove to you that TA doesn't work and to not use it, and to everyone reading this thread. And to those that work out some TA that works, don't tell anyone as the algo trading systems fight back against the trading patterns of these systems. Support and resistance...

Speak for yourself.

Treat the chart like a computer game, as others have said the price action does different things at different times for a reason. Find the pattern or reason, and wait until it becomes boring and predictable.

It comes down to if you think ES movement is about buying and selling, or it is all driven by MM algos. I specialize in this time and the movement is all algo admin. You can view if from different angles as it can be a replay of the US market hours for the Asian and European markets, a set up...

I did not say or mean that, if that is your view that is OK.

As those who trade ES Futures have commented, ES tends to lead and everything follows. It doesn't make sense, and at best you can call it a workable theory, but it seems to hold true as 500 companies all moving around should make SPY pretty much a random mess; but it isn't. Many underestimate...

Interesting responses. TA is not a trading system, it is just an insight into price movement over time, with the skill of the trader using this for benefit. Many think TA is shit, others pick patterns to use, I have immersed myself into it and have a perspective that is different to most. I was...

Thanks for this. Assume I know nothing or noone, how do I find these groups or people?