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1. There are no accidents.
2 History does not repeat itself, that's what history is.
3. Tell the market makers about chaos.
Yes, history will not repeat itself 100%, but you can calculate from history what percentage of repetition can be found. For example, I will not buy GBPUSD on Friday, because history shows that the daily bar closing down was 55%, and if we add that Thursday was also closing down, the percentage of Friday closing down goes up, etc. So there is no way to connect the financial bright future without history.
There are approximately 48 Fridays in a year. The bigger your sample, the stronger your predictions will be towards 50%.
History repeats itself, only you are looking at the wrong history. It's not about which Friday or for how long the course went. Here's an allegory. A big man walks up to a crowd of skinheads. He smacks them all in the face and takes the change out of their pockets. The next day, the skinheads stand there and talk: -Let's calculate the Fibonacci swings, so they don't get hit again. And the bumpkin comes in and kicks him in the leg. And he takes the money again. And then the chiselers sit there and think, "Well... ...it came off his foot on Friday. So on Fridays, it comes from the foot... And then the next Friday, it hits you in the back of the head with a bat. And the fighters are standing there thinking, "How come? What's wrong? Well, the thing is, the skinheads are going to get hit no matter how. And the right thing to do for a skinhead is to take the side of a muscleman. Then there's a chance of earning and not getting punched in the face.
I don't expect you to understand.
I think I need to clarify. There is a crowd of weak holders on the forex market who take advantage of all kinds of analysis. And there are strong holders who shake out the weak on a daily basis. The strong holders don't have Metatrader. They have quite a different program, where you can see who put stops and takes. And they have a possibility to shift the rate with big money to cut stops and not to reach them. If you understand what you need to do to slam the crowd, you will understand the movement of a strong holder. Get on his side. Start making money.
Where did this division come from - give me the source, please.
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