Macal ,
Tread was obviously too challenging for you. You are right, Earth is flat .
Rest of you , I do not know what you are saying You are on my ignore list, I would appreciate if you do the same with my handle.
Walter
Third trade signal came with the opposite LR and MA crossing about 11:09. Fourth trade signal was confirmed around 11:43. You might have entered earlier but divergence was not clear enough for me. All of you are using different charts so times will vary a little bit. Now is a lunch time, if I...
If you use intersection of LR and 15EMA you would get top indication around 10:17.
Notice that both first two times high was almost identical = direction confirmation ( if first one not taken.
Look at 5 and 1 min charts at the same time and do not change any of indicators.
Walter
Of course I am . At any time trade is made, there is a person who selling and there is a person who is buying. You have to decide where you stand at that particular time . This post is for people who know about geometry and intraday cycle predictive methods. If one cannot decide on direction...
Can you , stock traders, tell me if there is site which rates and follows utility co's ? Or if someone does his own research on utilities, how should I start ?
Thanks,
Walter
Point is to demonstrate that trades can be predicted by using simple geometric and intraday cycle methods. Instead of pm it to individuals interested, I posted it here.
Feel free to post your own ahead of time trades I am sure ( based on obvious TA expertise shown in your posts ) that you...
I am using 5 or 10 min candles and start drawing from where body starts. I used to take averages of 3 highs or lows but it didnot make too much of difference since I use geometry signal in most cases as a setup . For programming , I think, one would just use openings or closes of highs or...
Harry,
I respect you as an independent thinker but you have put your words into bone's tread and you reply to yourself. You just created controversy with yourself. You know better and you should correct it.
Walter
I would like to ask if it is possible to program and backtest trendlines intersections with support and resistance levels like described by acrary. I believe that there is an answer to the most profitable method possible.
Walter
When I was starting to develop my geometry method, I was trying to predict direction of a trade too but it was just not accurate enough for me. When I stopped trying to do that, accuracy of forecast improved . To determine direction, I use an ordinary mechanical system with 70% accuracy. If...
Market Geometry and intraday cycle analysis is pointing to 12:30 and 13:10 est as times to look for profitable trade. If your analysis gives signals to trade, this is your confirmation.
Walter
Michael B.
I am sure that entries at 50 % should be more profitable, but IMO unless you are seasoned trader you should just follow what Jack outlined in this tread.
If you decide to trade at 50 % crossovers, you should immediately( after filled) buy/sell to cover your position.
Walter
Yannis,
Did you have to completely redo your analysis or method when you have switched from QQQ and SPY to NQ and ES ? It looks similar enough but I would like to know practical adjustments which I am sure have to be made.
Thanks,
Walter