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SPX Blaster
Here's corn.
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Dont know, so guess, if that is aWeekly chart=4 weeks down=red doWn trend line.........................................................................
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SPX Blaster
The lines are the days of the full moon on each chart. The charts you see are daily charts. Price patterns repeat based on a certain multiple of lunar months.
The corn example above shows the position of average turn points relative to the day of the full moon. There may be a retrace to the number 4 high, and price moves down to #5.
This is not perfectly accurate, and it is not a trading system. It is a form of analysis that predicts the future. The number 6 high is due about Oct. 1.
Does anybody else on Elite of tell future price movement?
The corn example above shows the position of average turn points relative to the day of the full moon. There may be a retrace to the number 4 high, and price moves down to #5.
This is not perfectly accurate, and it is not a trading system. It is a form of analysis that predicts the future. The number 6 high is due about Oct. 1.
Does anybody else on Elite of tell future price movement?
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SPX Blaster
I got out of the short SP500 trade. It looks now to be making a bottom. I am short euraud.
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SPX Blaster
SPX looks like a bottom is in. Euraud going nowhere fast. Scanned some other markets. Short gbpusd and long audjpy. Patience is my weakness.
Is this the Delta Phenomenon, made popular in the 1990's by Welles Wilder?
I have that book!! Definitely not a trading system! LOL. But if you trust the rotation, it can have use. I never trusted the rotations. Even tried my hand at "finding" intraday rotations... The 4-day short-term timeframe wasn't fast enough for me!
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SPX Blaster
Yes it is. However, I figured out how to eliminate the inversion problem and found additional time frames.
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SPX Blaster
Thought I would try something to help me stop overtrading. I put my charts on weeklies including the ones on my phone. Avoid being distracted with minor up/down moves.
I saw something somewhere a while back to eliminate the inversion. I'll try to find it again. I haven't spent any time looking at DP in years. I bet I can find my 39min (17.5 the super long term value x2) "discoveries! Kinda cool, and funny (to me) to see DP is not dead.
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SPX Blaster
I used to have You Tube video's on how to do it. But I took them down. I figure this has to have value to someone. Preferably a hedge fund.