Thur Feb 24 2022 Trade Signals and Journal

20220224
 
Short 3 MNQ 13252.75, 13252.75, 13252.75,  -5.25, -5.25, -5.25, 
Short 3 MNQ 13296.50, 13296.50, 13296.50,  +31.25, +31.25, +31.25, 
Short 3 MNQ 13351.25, 13351.25, 13351.25, -5.25, -5.25, -5.25, 
Short 3 M2K 1920.4, 1920.4, 1920.4, +6.0, +6.0, +6.0,
Short 3 MNQ 13354.75, 13354.75, 13354.75,  +89.75, +89.75, +89.75, 
 
Total MNQ +331.50
Total M2K +18.0


So called market technicians tend to rely on their indicators for trade signals until something in the news seems to cancel out the integrity and effectiveness of their signals.   This betrays two things.  First, it betrays something about that trader himself.  It reveals that the trader actually believes in Efficient Market Theory, and behaves in the market place based on that false underlying market premise.  That is, the trends of the market are ruled by the news and economic conditions.  "We have nothing else to learn from price", said Karl Marx.  Price, he concluded, was simply the sum total of everything that had been revealed in recent economic fundamentals up to that point. 

Second, it reveals that the technical methods used by that trader must be suspended during times of intense economic news exposure....because they simply can't be relied upon to reveal market trend, and therefore are deficient as elements of a successful trade plan. 

However, Adam Smith's 'invisible hand of Providence', as exposed by the fractal algorithm of Serial Sequent, not only survives market volatility, it seems all the more exposed because of it.     ....if you can survive the new volatility challenge that has accompanied the recent market topping area of extreme bifurcation and whipsawing turns....