Exactly. We dont have a free market. We have a market that carefully designed by the central banks, and enacted by the whales and algos. I believe technical analysis is just a red herring.
However, if OP has found something in Q drops that point to this kind of market analysis, I will be very curious to see it.
Now, if you said, these people ACTUALLY KNOW THE FUTURE of price...I may be compelled to reconsider.
Not only do they KNOW THE FUTURE price, but they DECIDE the future price, and then they steer the markets in that direction, precise steps.
The way I look at these technical analyses is that they are optics - a cover - to explain the movements they make to steer the market, by providing an alternate explanation via the technicals.
What makes me say this? Why do I believe this? Because this is how FIAT system via stock market / derivative based economy operates. Print money, then launder it via the stock market (amongst other avenues) and channel it not only to their buddies, but in the process fund whatever ventures that are friendly to them, punish whatever ventures go against them.
END THE ENDLESS
Happy to have a much longer discussion about this, but I dont think there are many Anon who don't believe at this point that the entire "free market" is really a centrally planned economy, by indirect means.
Open your mind, and believe that not only do Dragons exist...BUT they can also be conquered...-Chesterton
Only if you have a war chest bigger than, lets say, Blackrocks for starters. Because the momentum that controls the market is backed by the endless printing of fiat currency by the Fed and channeled via entities like Blackrock.
Bottom line...read the wave principle by RW Elliot
I am assuming that you are referring to Wave Principle by Ralph Nelson Elliot. (Not sure who RW Elliot is). Yes, Elliot claims that the markets move in wave patterns, which themselves are made of further waves in a fractal pattern, and this forms the basis of various technical analyses, no doubt the same in this post as well.
There are a couple problems with this:
He never explains how these waves are created, except a bit of handwaving and collective psychology.
Its impossible to historically prove this theory since the identification of these waves themselves are subjective and there is always intense debate between analysts as to what exactly constitutes a particular wave.
This subjectivity leads to confirmation bias where people pick and choose whatever waves that confirms their suppositions and ignore when they dont.
If this wave theory was indeed true, it would provide ample opportunity to arbitrage and profit, while at the same time, due to market efficiency, end up flattening the waves.
In short - if the market were free and efficient you would not be seeing this kind o wave patterns in the first place.
and we have had this same conversation oh about every time I post something that gets any attention in this regard.
I have no time to keep track of who makes what posts or with whom I have had this same conversation. Whenever I come across a technical analyses post, I would alway respond to it with my view that markets are fixed and there is no organic market movement - because that is what I believe, and thats what I learnt from the Q drop related to the markets.
There is a financial component to any War in this world, and wouldn't Q, given everything else, be remiss if this was unavailable in its drops?
Q has provided plenty of hints regarding the financial market being controlled. Just off the top of my mind:
I know there were drops about FTC and Sherman act and even pointing at a precise 666 drop in stock market hinting its intentional. Financial markets are a BIG part of the Cabal control system, and I am surprised people who have studied Q might have missed this.
This is why learning "Smart Money" concepts and fundamentals are so important. We know the markets are manipulated, but there are patterns to how they are manipulated and the goal is to make money ALONG WITH the market movers. Like a little fish hitching a ride with a shark.
Exactly. We dont have a free market. We have a market that carefully designed by the central banks, and enacted by the whales and algos. I believe technical analysis is just a red herring.
However, if OP has found something in Q drops that point to this kind of market analysis, I will be very curious to see it.
Not only do they KNOW THE FUTURE price, but they DECIDE the future price, and then they steer the markets in that direction, precise steps.
The way I look at these technical analyses is that they are optics - a cover - to explain the movements they make to steer the market, by providing an alternate explanation via the technicals.
What makes me say this? Why do I believe this? Because this is how FIAT system via stock market / derivative based economy operates. Print money, then launder it via the stock market (amongst other avenues) and channel it not only to their buddies, but in the process fund whatever ventures that are friendly to them, punish whatever ventures go against them.
Happy to have a much longer discussion about this, but I dont think there are many Anon who don't believe at this point that the entire "free market" is really a centrally planned economy, by indirect means.
Only if you have a war chest bigger than, lets say, Blackrocks for starters. Because the momentum that controls the market is backed by the endless printing of fiat currency by the Fed and channeled via entities like Blackrock.
I am assuming that you are referring to Wave Principle by Ralph Nelson Elliot. (Not sure who RW Elliot is). Yes, Elliot claims that the markets move in wave patterns, which themselves are made of further waves in a fractal pattern, and this forms the basis of various technical analyses, no doubt the same in this post as well.
There are a couple problems with this:
He never explains how these waves are created, except a bit of handwaving and collective psychology.
Its impossible to historically prove this theory since the identification of these waves themselves are subjective and there is always intense debate between analysts as to what exactly constitutes a particular wave.
This subjectivity leads to confirmation bias where people pick and choose whatever waves that confirms their suppositions and ignore when they dont.
If this wave theory was indeed true, it would provide ample opportunity to arbitrage and profit, while at the same time, due to market efficiency, end up flattening the waves.
In short - if the market were free and efficient you would not be seeing this kind o wave patterns in the first place.
I have no time to keep track of who makes what posts or with whom I have had this same conversation. Whenever I come across a technical analyses post, I would alway respond to it with my view that markets are fixed and there is no organic market movement - because that is what I believe, and thats what I learnt from the Q drop related to the markets.
Q has provided plenty of hints regarding the financial market being controlled. Just off the top of my mind:
u/#q4961
I know there were drops about FTC and Sherman act and even pointing at a precise 666 drop in stock market hinting its intentional. Financial markets are a BIG part of the Cabal control system, and I am surprised people who have studied Q might have missed this.
This is why learning "Smart Money" concepts and fundamentals are so important. We know the markets are manipulated, but there are patterns to how they are manipulated and the goal is to make money ALONG WITH the market movers. Like a little fish hitching a ride with a shark.