Algo's are pushing every market toward randomness - God help us traders
- Thread starter JTrades
- Start date
lot's more noise in the market for human placed trades than there ever was. that's my point
not only going get worse for me, but you
Why is it going to get worse for me? My algos change with the market.
me? about 5 mins? but difficult to claim a timeframe for my own, i always scale up before placing trade
why? human traders for a hundred odd yrs respected established support & resistance levels.
profane algos don't. every tick is challenged, or almost not quite, but that day near
Algos leave a signature too. Perhaps you must look beyond price action and technical analysis
what is transcendent to PRICE (ACTION)?
Please post a chart to confirm your notion.
I'm not saying price doesn't matter. When I say price action, I'm referring to candlestick chart trading, which I assume you do ( maybe incorrectly)
There is more to the story than price though. Supply and demand (the book), is one thing that comes to mind. Price does not change in a vaccum.
So what exactly does this mean? You put a trade on and it goes 1 tick against you? How is that not entirely normal? Post a chart with what you're talking about or a more specific situation might be helpful.