Quote from: romneymoney on April 27, 2014, 12:02:38 AM

Quote from: Ronan- on April 26, 2014, 07:19:12 PM

Its abundantly clear that the PBOC and Mtgox before them coordinate news with impactful moments - anyone with an ounce of TA knowledge can see this.

On another interesting note, this is the final nail in the coffin to the EMH (Efficient Market Hypothesis), as markets are made up of irrational people and rational people manipulating the irrational. This has been a grand experiment of the Pavlovian effects of events on the market-mind. Markets are both prone to patterns and averse to patterns - To the degree the market knows this is manipulation, does that make the manipulation stronger or weaker?

For someone who is good at TA, selling when the tides turn and China confirming the turning is always fun to watch. TA truly leads FA.

Please correct me if I am wrong. So in really general terms, you are saying that when basic TA suggests bullish, PBOC will release negative news. Using more advanced TA (shorter term?) gives you a chance to sell before the full impact of the news is reflected in price?

Its a little more complicated usually, in that when the price gets too close to the point of breaking out of a trend, and presumably when certain people have fully dumped, the news comes along. Usually its a window of time that such news will come out, and the bearish signal is usually already there. So perhaps yes the when the more basic TA suggests bullish, this could happen. However better TA will see this coming and broadcast a bearish signal before the event.