Trading against the crowd - is there an interested programmer in working together - page 2
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I wonder what the correlation is.
Everyone goes south and they go north. Against the crowd.
You don't trade against it, you trade with it. It, the crowd, forms the price.
Everyone goes south and they go north. Against the crowd.
You shouldn't trade against it, but with it. It, the crowd, shapes the price.
Shaping does not mean making money. A simple example, open the site of a broker, and look at the information on AUDUSD (65% of the crowd is buying, 35% selling) and NZDUSD (57.16% buying, 42.84% selling) - as you can see the crowd is still buying and not a day, now open the AUDUSD charts - two weeks, it is falling more than 600 points, NZDUSD has also fallen more than 300 points. And you think that we go up together with the crowd.
In the first post I also gave a link to a third-party source on the subject.
Ha ha, thanks for reminding me what I was writing about yesterday.
Shaping does not mean making money. Here is a simple example, open the site of a broker, and look at the AUDUSD (65% of the crowd is buying, 35% selling) and NZDUSD (57.16% buying, 42.84% selling) - as you can see the crowd is still buying and not a day, now open the AUDUSD charts - two weeks, it is falling more than 600 points, NZDUSD has also been falling more than 300 points. And you think that we go up together with the crowd.
In the first post I also provided a link to a third-party source on this issue.
What does that mean - 65% of the crowd is sitting to buy? How many contracts are sold, exactly how many are bought. There is always exactly as much selling as there is buying. In other words, sitting to buy and actually buying are two big differences. I.e., the real crowd is not buying but sitting and waiting. And we have to sit and wait with the crowd, if we want to go long, and medium term.
Dear programmers,
...
Since you have collected so much data, plot it on a graph... and it will all go away.
Drawn by
https://www.mql5.com/en/charts/5217500/nzdusd-d1-instaforex-group
https://www.mql5.com/en/charts/5217502/nzdusd-d1-instaforex-group
https://www.mql5.com/en/charts/5217504/nzdusd-d1-instaforex-group
https://www.mql5.com/en/charts/5217509/eurusd-d1-instaforex-group
There are problem areas, ..... you don't want to let go
Drawn by
https://www.mql5.com/en/charts/5217500/nzdusd-d1-instaforex-group
https://www.mql5.com/en/charts/5217502/nzdusd-d1-instaforex-group
https://www.mql5.com/en/charts/5217504/nzdusd-d1-instaforex-group
https://www.mql5.com/en/charts/5217509/eurusd-d1-instaforex-group
There are problem areas, ..... you don't want to let go
How so? Only buy or only sell? Where are the values in percentages or whatever? Here it is in percentages.
I don't have data from that broker, but summarised data from two brokers in a special way and then received specific signals to enter the market