Re: Waves, Trends and Cycles
If you see it from a very abstract point of view, in your daily life your mind is constantly working with waves, cycles and trends. When you drive your car, your mind anticipates what the other vehicles will do and you decide to change lanes or turn the wheel according to that. When you walk or run, your brain does exactly the same. If someone throws a ball at you, your mind calculates a point in the space where you think it will be and you extend your hand there. Trading in forex is very similar. The difference is that the graph is a two-dimensional representation of a four-dimensional environment. Some focus only on those two dimensions: price and time. Others try to interpret the entire space-time to anticipate that 2D representation. The price is the only real indicator.
Re: Waves, Trends and Cycles
Interesting comparison, but you're philosophizing too much.
Re: Waves, Trends and Cycles
Your analogy makes sense. Anticipating movement is the key, but many prefer to react late.
Re: Waves, Trends and Cycles
So now we're Einstein with Japanese candles.
Re: Waves, Trends and Cycles
When I understood that the price includes everything, my operation changed completely. Everything else is noise.
Re: Waves, Trends and Cycles
Space-time sounds nice, but with a bad SL on, you go just like the quantum well.
Re: Waves, Trends and Cycles
Your mind looks for patterns even when there are none. That�s the real danger of trading.
Re: Waves, Trends and Cycles
Our brain predicts automatically, and that in the markets can be gold... or ruin.
Re: Waves, Trends and Cycles
Your post left me thinking. Is that why sometimes I'm right without knowing why?
Re: Waves, Trends and Cycles
Everything sounds very poetic until the NFP arrives and spoils multidimensional theory.