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Chartsshout

6,917 Posts.

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17/04/18

19:45

Post #: 32510029
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Originally posted by 5speed ↑

Wall street preys upon people who think Wall Street will never change. Wall Street is a street, one which I have walked down many times. The algo bots that reside in the buildings around Wall Street, not on Wall Street itself, are making money off the traditional thinking patterns of punters that use traditional TA study's. Wall Street has changed a huge amount over the last few decades, which renders most chartology methods redundant. Analysing what happened yesterday has not much relevance to what will happen tomorrow in this day and age, and particularly in 2018, compared say to 1987, in my humble opinion of course, but then again, I am just the gapman, but if you could kindly post a chart every now and again with your sniper comments, that would be much appreciated to me at least.

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Noise has increased so so much. Charts , chart structures and patterns have been destroyed to say the least.
BOTS are programmed to act in a way to kill an average normal trader along with his methodology and all his money.

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