Quote from abhay:
I am wondering if I can feed inthe morning bias of market direction from my forecasts what it will do to the results.
PS: Attached here is the forecast for today that I prepared. I do not intend and expect to start a debate on my forecasts right or wrong, but definitely market direction bias of my forecasts are very good and my past experience with them indicates it should be able to definitely improve the results...
Quote from maggandre:
That is not the same forecast you posted on your website. That forecast showed the afternoon selling down, lower than the morning open.
And, in your other thread, someone asked you what Wed looked like. You said:
"08-26-03 03:16 PM
Tomorrow I see a bounce in morning and again Selling after mid-session."
It looks like you are trying to revise history. Your chart that you just posted is not what you said.
Quote from maggandre:
That is not the same forecast you posted on your website. That forecast showed the afternoon selling down, lower than the morning open.
And, in your other thread, someone asked you what Wed looked like. You said:
"08-26-03 03:16 PM
Tomorrow I see a bounce in morning and again Selling after mid-session."
It looks like you are trying to revise history. Your chart that you just posted is not what you said.
Quote from abhay:
I dont understand what you are saying magandre....
Firstly, if my forecast for previous day goes wrong on some frame then I run the revised analysis and my revised analysis did not complete till 10:30 AM this morning so youdo not see the revision on website...
Secondly, you are forgetting that I have mentioned again and again that these are intraday forecasts and are relative to prices prevailing before that time frame ....
I agree in first 15 minutes prices dipped but don't you see that Market has bounced from that opening S&P 993.5 like the forecast ???? And it around 1 PM it touched 998 S&P and not it is heading down...
Don't know what are you seeing and saying .... I do not do price projections only trend forecast... If it does not go below open it does not matter to me ... because each trade is different to me and I do not sit for whole day in 1 trade ....
SO if expected down move I may sell and take whatever I get not wait for life long for it to go down below morning level as said in forecast...
My way of using the forecast...
Quote from maggandre:
You don't see the revision on the website? What are people paying you for then?
Here is what I am saying, since you do not understand:
1.) You posted your forecast to your site (and gave your opinon here).
2.) Just now, you posted a forecast and represented it as what you had worked up for today. You did not say revised, you simply put it out there after the fact and acted like you had it all along.
You need to own up to this. Maybe it is just a mistake, but you are looking like the many other scam artists trying to sell a product and improve their record after the fact.
Quote from abhay:
You are too much concerned abuot me Mr magander...
Forget about me and my website... You are not paying yet Plus you are just one day old member to the site so you need time to understand how to use the forecasts...
My original forecast was not posted here before so there was no need to mention if it is revised or not....
Plus the morning bias was still the same in both...
And the posting of forecast was for purpose to see how it can help in improving the results of the strategy that we are working on....
Hope you understand .... I understood all your points...