Hi Friends
The big groups dont use any of the regular indicators like what you normally use.
regular indicators are
RSI,BBANDS,KELTNER BANDS,MA,EMA,WMA,STOCHASTICS,MACD,ADX,OBV, VSA-VOLUME SPREAD ANALYSIS
VSA IS not ok as we need to master over 450 different rules -guidelines-trader gets locked up in confusion.
RS-RELATIVE STRENGTH,ACCELERATION BANDS,VWAP- ARE HAVING THEIR OWN EDGE.
Some groups use tracking the factors influencing the market like " using BigData".
Some banks & institutions use Neural networks.
Either way,they are ahead of you in the game.
some groups ,I heard,manipulate market by engineering range bound accumulation,engineer false trend-(trap investors)-then go the real right trendway.
Here the exchanges screw their traders by not giving bid-ask data beyond 5 bids and at sametime giving data of all bids & ask data to specialists-manipulators.
Novice traders buy in the rangebound phase and finding mkt going nowhere,they sell for loss and get out.
---------------------------------------------------------------------
What can we do?
ACTION SEQUENCE 1
DONT TRADE DURING RANGEBOUND PHASE
DONT TRADE DURING FALSE TREND PHASE WHICH CAN SUDDENLY REVERSE & GO OPPOSITE WAY.
WAIT & TRADE ONLY DURING REAL TREND PHASE.
ACTION SEQUENCE2
Try indicators away from normal ones
a) opening range break
b)Fibonacci levels,RETRACEMENTS,PROJECTIONS,BREAKOUTS ETC
c)Time series(TSF),Fourier(FFT),binomial,laguere(ALF adaptive laguere transform) etc
d)USE JurikJMA, JURIK JRSX and other non lagging indicators
Fusion indicators like macd-bband,rsi-bbnds ,TTM squeeze(bb-keltner)
are excluded.
we dont have bigdata systems or neuralnet systems readily available.
if anybody knows these,please share them.
regards
The big groups dont use any of the regular indicators like what you normally use.
regular indicators are
RSI,BBANDS,KELTNER BANDS,MA,EMA,WMA,STOCHASTICS,MACD,ADX,OBV, VSA-VOLUME SPREAD ANALYSIS
VSA IS not ok as we need to master over 450 different rules -guidelines-trader gets locked up in confusion.
RS-RELATIVE STRENGTH,ACCELERATION BANDS,VWAP- ARE HAVING THEIR OWN EDGE.
Some groups use tracking the factors influencing the market like " using BigData".
Some banks & institutions use Neural networks.
Either way,they are ahead of you in the game.
some groups ,I heard,manipulate market by engineering range bound accumulation,engineer false trend-(trap investors)-then go the real right trendway.
Here the exchanges screw their traders by not giving bid-ask data beyond 5 bids and at sametime giving data of all bids & ask data to specialists-manipulators.
Novice traders buy in the rangebound phase and finding mkt going nowhere,they sell for loss and get out.
---------------------------------------------------------------------
What can we do?
ACTION SEQUENCE 1
DONT TRADE DURING RANGEBOUND PHASE
DONT TRADE DURING FALSE TREND PHASE WHICH CAN SUDDENLY REVERSE & GO OPPOSITE WAY.
WAIT & TRADE ONLY DURING REAL TREND PHASE.
ACTION SEQUENCE2
Try indicators away from normal ones
a) opening range break
b)Fibonacci levels,RETRACEMENTS,PROJECTIONS,BREAKOUTS ETC
c)Time series(TSF),Fourier(FFT),binomial,laguere(ALF adaptive laguere transform) etc
d)USE JurikJMA, JURIK JRSX and other non lagging indicators
Fusion indicators like macd-bband,rsi-bbnds ,TTM squeeze(bb-keltner)
are excluded.
we dont have bigdata systems or neuralnet systems readily available.
if anybody knows these,please share them.
regards
Last edited: