yup...undated too. Looks like a case of, "this one time, I..."
Price Drivers
- Thread starter themickey
- Start date
Seguro que si.
Just a quick reminder on the composition of the "Price Driver " trading system-------
"Price Drivers" are MACD and RSI divergences that are being misread generally.
Individuals using RSI and MACD divergence will often times read them incorrectly as reversals. These two divergences are basically the Price Driver trading system.
"Price Drivers" are MACD and RSI divergences that are being misread generally.
Individuals using RSI and MACD divergence will often times read them incorrectly as reversals. These two divergences are basically the Price Driver trading system.
And that shows up in the relative strength type indicator's, but I see much redundancies in using different indicators that incorporate the same major ingredient, but just have variation's of add ins. MACD very often more useless than not, but for long term not so sure since I'm strictly short term.
'MACD and RSI divergences' for those traders who study them, would be indicators, not the drivers. Drivers are things like need, emotion, incentives, greed, supply, demand, business interests etc. No?
You and I understand what drives price. It's human sentiment only. However, there are those that trade a "Price Driver" system and it is simply MACD and RSI divergences. (Mostly being read incorrectly)--Ishmael
You're correct.
You asked in the opening of the thread...basically what drives the market.
Someone replies that its MACD and RSI Divergences.
Wrong answer and poor reading comprehension by that person. In fact, I suspect he's intentionally replying as such. That's not cool.