Why Is The Obvious Not So Obvious?

traitor786 · Jan 15, 2013

If we do pass the level, with low volume that would indicate that buyers are no longer following the this trend. So there is no added high volume selling pressure helping keep things on track. This means that anything can happen... I woudl imagine ?

traitor786 · Jan 18, 2013

Quote from BobbiDigital:

Trends exist on every plane. If it's greater than 45 degrees its unsustainable, 45 degrees sustainable, less than 45 degrees turns to chop

I tend to not assume the obvious so I may be out of line.
However, with most platforms, if you click and drag down on the price axis (or time axis) the chart will be moved, or for that matter squished.

This will drastically change and alter the angel. Also, from one platform to the other there may be a difference.

That is not to say that if you do not play around with the axis the system is not good.

Again my assumptions may be wrong. Just thought Id give a heads up. Also, if you are heavy on the trend lines and change time frames there are other things to watch out for that are not user dependant. Let me know if this is the case.

Redneck · Jan 20, 2013

Quote from BobbiDigital:

The obvious is big players enter and exit above and below swing points, support and resistance levels. This is because (breakout) volume floods in at these areas allowing them to enter/exit huge positions without moving price substantially.

BD,

You are on the correct path Sir..., but please think it through some more

jmho
RN

BobbiDigital · Jan 20, 2013

Create the initial top/bottom with some opposite price movement and draw in 'majority' volume

Slam it through that top/bottom point one more time to gobble up all the stops

Take market the other way

Redneck · Jan 21, 2013

Quote from BobbiDigital:

Create the initial top/bottom with some opposite price movement and draw in 'majority' volume

Slam it through that top/bottom point one more time to gobble up all the stops

Take market the other way

Recall on the other thread I suggested you identify the players â and this post is a perfect example whyâ¦

If you were one of the few (just sayin) would you really be concerned about a few K of shares in stops

or

Would that be of interest to a different player

===========================================

Now having said that;

If in fact, a transfer of shares were underway â chances are the PA would be back and forth (choppy you might even say)

So back and forth/ choppy could be describing either â stop huntingâ¦ a transferâ¦ a combination... or obviously a lack of everything

=====================

And as we know, before price makes a big move â it typically likes to make a counter move to evacuate the wee little ones â you think the few give a shit about us wee ones

Hmmm, makes ya wonder if there is a way to identify these different scenarios â and which player(s) has/ have the control - or are AWOL

====================

I would also add;

There is controlâ¦. Then there is the illusion of control  and it typically involves two totally different players

Probably worth a study BD

RN

Onra · Jan 21, 2013

Quote from Redneck:

Recall on the other thread I suggested you identify the players â and this post is a perfect example whyâ¦

RN

Hi Redneck,

Are you referring to Market Makers / Brokers (hunting stops) and Big Players (transferring large numbers of shares)?
Should we look at volume?

Thank you.

achilles28 · Jan 21, 2013

Quote from BobbiDigital:

Create the initial top/bottom with some opposite price movement and draw in 'majority' volume

Slam it through that top/bottom point one more time to gobble up all the stops

Take market the other way

2B reversal.

Other typew of reversal patterns exist

How about a pullback reversal (ie trend continuation)?

BobbiDigital · Jan 21, 2013

The Players:

Market Makers: Access to book of orders, know where stops bottle up and where big institutional orders will be set off. Have the ability to take the other side or go with any of the above (and hedge). Will generally go with bigs and take the other side of retail stops.

Big Institutional funds: Re allocate and roll positions regularly, probably not to concerned about execution. Allows market makers to work the book with no concern to them other than VWAP metric.

Retail Traders: Predictable masses that can be prodded along with a little 'propaganda'

Insiders, Elite: ????
Create PA. Do the opposite of the general public. That's all I got to say about that.

TheMagican · Jan 21, 2013

Quote from BobbiDigital:

The Players:

Market Makers: Access to book of orders, know where stops bottle up and where big institutional orders will be set off. Have the ability to take the other side or go with any of the above (and hedge). Will generally go with bigs and take the other side of retail stops.

Big Institutional funds: Re allocate and roll positions regularly, probably not to concerned about execution. Allows market makers to work the book with no concern to them other than VWAP metric.

Retail Traders: Predictable masses that can be prodded along with a little 'propaganda'

Insiders, Elite: ????
Create PA. Do the opposite of the general public. That's all I got to say about that.

why posting JH alike crapola?

BobbiDigital · Jan 21, 2013

RN,

Fortunately someone posted a rather expensive book online I have been gobbling up the past 2 days thanks to the flu. Time, scratch that 'duration' is the central theme.

Since PA can generally look the same, just the way they want, the only variable that leaves us to help distinguish what is really going on is where we are in the cycle (which greatly reduces the variable of 'being wrong').

I PM'ed you another link I stumbled across....not saying I'm going to read the Ra Material..yet