Recently, many "traders" have a strong tendency to publish in blogs, Internet resources and other "places". With a little reflection and looking at a fairly large amount of information, I came to the conclusion that for many years in trading circles "they have been making pies with the same filling". At the same time, they are trying their best to give them a new shell., thereby creating more and more obstacles for those wishing to get to the bottom of ...
Since I like to always move in some direction, in view of a little free time, I decided to try myself in this field. Maybe, but rather it will be so, I will not bring anything new to this space, but I would be glad to hear your opinion on what I have stated below.
After reading quite a few bloggers, писателей, and just the opinions of traders who seem to have completely different systems and approaches, I would like to draw your attention to one small detail - everyone is given the same tools, which was fundamental, there is and will be a regular quotation. And then, everyone turns her understanding, because of their idea of it. What level it is does not matter, но именно из нее формируются charts, indicators, various calculations and in general everything that all those, who is interested in the financial world. It, in turn, is formed directly by all market participants..
In other words, the primary source of everything that happens is directly all participants. Based on this alone, it can be assumed, that all those who analyze the quote itself with the help of auxiliary tools distorting it with various formulas, cannot have a more detailed picture, than those, who uses exclusively the quotation itself or is the original source itself. Ie. in fact, none of the classic types of analysis, cannot reflect reality. Neither technical, neither fundamental, nor math.
Прошу заметить, what i'm not talking about, that they don't work, I'm talking specifically about the granularity and accuracy of the data, which, in my opinion, is the most important in the stability of the results. Based on this state of affairs, it can be argued, what for best results, necessary:
BUT) Use the quote itself in calculations and analysis without distorting it by various formulas;
B) To be the primary source, ie. generate a quote for a specific instrument.
It is about these two points that I would like to talk further..
In absolutely any case, everyone has the quote itself and the best way to read it is with Time&Sales, as well as graphics, which displays the history of quotes. Be the source of pricing, possible only with a certain capital. Little remains to be done, determine the direction of movement and determine, which group of market participants we belong to.
Here it is worth clarifying one point.. To do this, we must understand the mechanism for calculating quotes, ie. understand, how is it formed. Of course, everyone understands, what forms it supply and demand. But how does it look technically? Yes, demand is buyers and if they buy, then demand exceeds supply and the price rises. The offer is the same - sellers sell, the price falls. It is worth making one nuance, in order for them to buy / sell, need liquidity. Our liquidity is expressed in the form of limit buy / sell orders.
The question arises, who creates this liquidity? To a sane person, obviously clear, that in some instruments with a spread of 0-1 cent, it can only be market maker robots. The price movement itself, respectively, occurs after market orders are filled with a strictly limited volume of limit orders at each center of the price range.. You can read about this in detail on the Internet., in various publications or as a last resort, disassemble this question in this thread.
In order not to go into the details of the work of each individual market participant for a long time, I would like to go directly to the conclusion itself, which after some thought, suggests itself - the market is driven by large amounts of money. And of course, in this case, we can act either as manipulators themselves., which is possible in very rare cases, due to lack of capital and certain skills, or that "meat", due to which major players partially fulfill their orders.
I want to emphasize, what exactly is partial, в силу некоторых причин. With this state of affairs, to make money in the market, we can either manipulate the price, or just follow the actions of large traders, which can be tracked by the same quote. All this I led to, what kind of analysis, no matter what calculations all traders in the world are doing, they will only earn if, if their entry into the market, will coincide with the direction of "big money".
And I think much smarter, study directly the strategies of major players, than studying different types of analysis for years, hoping to predict the market. It is wiser to study the formation of a quote, rather than consider various indicators that distort it. It is more promising to analyze the psychology of big capital, rather than trying to change your thinking in an unknown direction. Price, despite all the laws, will only move in that direction, where will the big money move her. You can call them whatever you like, funds, puppeteers, "Big guys", etc.. etc., from this the essence will not change. If trader достаточно опытный, he, with his capital, can also skillfully influence subsequent movements ...
This is actually where I will end my presentation of my thoughts.. Perhaps the most interesting questions will remain, how big money is injected, where and how often, how to track it and how to make money on it, But that is another topic, which you can talk about another time in a separate article. And I think that it is with these questions, should have done everything, who is trying to make or is already making money on the world financial markets, because. this topic is the source of all pricing
A source: blogstocks.ru
author: Florin
