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Re: Divergences: Indicators?
Very true ez. This is why the markets move from one key price level to the next. The markets will never reverse at a random location. They reverse at levels where the big boys are simply looking to buy or sell.
When using pit noise, sometimes you will hear about a top tenner (one of the top ten biggest floor traders) fighting the entire market. I will often get on his side and fight with him. I have seen more right than wrong from these big players.
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James Lee
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