Intuition Amplifiers 2

MAESTRO · Feb 28, 2013

Quote from Xspurt:

So did you apply the splines to price as well as indicator values? The trend lines bend and are very powerful when the two are matched, especially when there is a past history of price connecting with the spline.

yes

marketsurfer · Feb 28, 2013

Quote from cornix:

What about efficiency of TA as a tool to measure likely crowd behavior based not just on self-fulfilling prophecies, but also other factors, which actually form TA patterns, like observing how sellers tried some level a couple of times and gave up, which may increase odds for a bounce (just hypothetical example)?

Crowd behavior moves markets is TA myth number 1.

Capital flows move markets, capital flows can be controlled by one person or entity, this has nothing to do with the "crowd" or crowd behavior.

In addition, your levels can be replicated by pseudo random number
( within a range) generator-- so clearly it's not sellers/buyers causing them.
surf

MAESTRO · Feb 28, 2013

Quote from ammo:

always one of ET's high points when maestro gives us a peek into his take on things..thanks maestro

Thank you, you are too kind! This time around I intend to share a lot more. I am pushing 60, so there is very little reason left for me to hold it closer to my chest. I think I will enjoy it more if others get on board of this research as well.

MAESTRO · Feb 28, 2013

Quote from marketsurfer:

Crowd behavior moves markets is TA myth number 1.

Capital flows move markets, capital flows can be controlled by one person or entity, this has nothing to do with the "crowd" or crowd behavior.

surf

I think he is talking about the feedback levels though. In some instances the feedback could be strong enough to create the "whistle". Think about it

marketsurfer · Feb 28, 2013

Quote from MAESTRO:

I think he is talking about the feedback levels though. In some instances the feedback could be strong enough to create the "whistle". Think about it

potentially. thanks!

RCG Trader · Feb 28, 2013

Quote from MAESTRO:

Yes they do. That is why when I was asked whetehre TA works or not I said "YES". Except the fact that TA's efficiency has nothing to do with TA itself.

Okay, so. Human being the remarkably superstitious creatures that we are, here is a theory.

Tracks the superstitions.

In doing this. If we get a price point that is a whole number, on a Gann inflection point, that turns the stochastics and MACD up, on a new moon, at a 50 percent fib retractment, then it might be a good buying point.

Why? We have corralled enuf superstitions to have enuf traders involved at that point.

What are your thoughts?

TheMagican · Feb 28, 2013

Quote from RCG Trader:

Okay, so. Human being the remarkably superstitious creatures that we are, here is a theory.

Tracks the superstitions.

In doing this. If we get a price point that is a whole number, on a Gann inflection point, that turns the stochastics and MACD up, on a new moon, at a 50 percent fib retractment, then it might be a good buying point.

Why? We have corralled enuf superstitions to have enuf traders involved at that point.

What are your thoughts?

Man,he`s just told you he`s pushing his 60.Stop fkn up his mind with this dog cr..p

TheMagican · Feb 28, 2013

Spouge Bob Squared 9

ammo · Feb 28, 2013

Quote from marketsurfer:

Crowd behavior moves markets is TA myth number 1.

Capital flows move markets, capital flows can be controlled by one person or entity, this has nothing to do with the "crowd" or crowd behavior.

In addition, your levels can be replicated by pseudo random number
( within a range) generator-- so clearly it's not sellers/buyers causing them.
surf

the capital flows controlled by the banks,countries,currencies,the larger players, are themselves a crowd

MAESTRO · Feb 28, 2013

Quote from RCG Trader:

Okay, so. Human being the remarkably superstitious creatures that we are, here is a theory.

Tracks the superstitions.

In doing this. If we get a price point that is a whole number, on a Gann inflection point, that turns the stochastics and MACD up, on a new moon, at a 50 percent fib retractment, then it might be a good buying point.

Why? We have corralled enuf superstitions to have enuf traders involved at that point.

What are your thoughts?

Good starting point. However, in order to extract this information reliably you need to create the threshold filters. Those though cannot be static. That is why I said earlier that we need to include the human brain in the loop. I will try to show later how exactly one can do it.