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Old 08-13-05, 08:57 PM
idejan's Avatar idejan idejan is offline
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Forces Behind the Market

As I said I'll accept any invitation to exchange opinions in a discussion thread, and since daily recommendation threads are not a discussion I realy feel uncomfortable discussing there.
So here is post as a continuation of previous and as an answer to Noor, who showed very constructive approach and whith that I believe is a person who is willing to share his knowledge and experience.
(read his post @ Sell EUR/USD in Daily trade recommendation)
_______________

Hi Noor
My post is nothing more then a presentation of a different view on the forces behind the market, so I highly appreciate your constructive effort...

I'd like to add something to your explanation about divergence.

di•verge (also di-) -verged', -verg'ing, -vergence
- to go or move in different directions from a common point or from each other; branch off [paths
that diverge] (Webster)

But what's behind.
If you PUSH something it will always go in the direction opposite of the PUSH and as other forces
start to involve it will drift away of the path. The PUSH is divergent. On the other side, if you
PULL something (attach a string and pull) no matter how other forces influence the object in other
directions, it will always be going in your direction, more and more directly. So, PULL is
Convergent.
This are the two always co-existing fundamentals of the Universe (Push-Pull, Repulsion-Attraction).
The indicators that you've mentioned (for the simplicity, lets say) are trying to messure that.
(RSI and Stochastic (and Momentum) are Most known Oscillators and Moving Average Convergence
Divergence or MACD is a A trend-following momentum indicator and it could also be added to
oscillators group of indicators. This is a very simplified explanation and you should all find a
very good explanations on different market indicators at Investopedia).
As for the evidence on my view... But first congratulation to Iris on his work approaching 2000
posts. I was not aware that he has developed his own Price/Time theory. I admit I'm not very familiar with his work.
I've seen he is giving
signals in his thread and somehow asumed that that's it, that there is no explanation on how he
came up with those numbers. Never went through the posts from the begining.
I don't know if you've read the addition published in my thread, since I believe it provides some
explanation on my view, and I'm not sure what will be a good evidence, to prove that view.
Personaly I did not post anything here to prove something, but to present a different view. While
the concept of Driving a car is proven, different people will drive a car differently (producing
different results in a race for an example) and some will not even be able to drive. Even the
simpliest task given to different people will create different results. It's why Forecasting Market
and Trading that Forecasts is very different thing, and above all different traders will have
different results with following same forecasts.
I don't however believe that anyone on this planet, no matter how genious, could possibly
comprehend all those uncomprahendable number of inter-actions of continous pulls and discontous
pushes happening every single moment around the planet that influence every single aspect of our
life. It is why this is a game of Probabilities and not certainty.
All human have same fundamental NEEDS, but develop different Dreams, Hopes, Desires by the surge to
satisfy their NEEDS. Expectations are the MOTIVATION (the fuel) necessary for one to take ACTIONS,
and they all take different actions (since they all have different aproach, or if they share the
same aproach they all have different attitudes) to fulfill their Dreams, Hopes, Desires
(expectations).
It depends mostly on the fuel how far one will reach in fulfilling his expectations. ACTIONS then
produce RESULTS that are the reflection of those Expectations. It depends on the MOTIVATION and the
ABILITY how close to EXPECTATIONS are this reflections, or the RESULTS. It's something I always
argue with people, that it's not realy important what you think and what you feel (relative to
others), since what you do, your actions are the real reflection of what you are. You will very
often be fooling your self how much you want something, but you should very easyly measure "how
much" with looking at your actions, or what you do toward that wants.
It's now know that Activity and not Material particles are the basics of the Universe.

As for the view on the market and it's direction, I've covered that in detail in my posts so
there's no need to repeat my self here.
It is getting late, so hopefully we will be able to continue exchanging knowledge and experience in
our combined effort to take profit from the Market. I am very gratefull to your constructive
approach, since I believe that there is always something new to learn. Helping others to learn,
helps you to learn even more.
Best to all,
ID

Last edited by idejan; 08-13-05 at 08:58 PM. Reason: typo