Rather than fighting over a course that is not even supposed to be mentioned per the member rules, why don't we discuss the chart from yesterday. Perhaps that will lead to more charts with projections and realtime followthrough to put the issue to rest.
The chart showed a projected turning point at 2:45ish ET. The low of the day came at 2:39 and an intermediate high came around 2:49. I would like to know how Walter traded it (perhaps with a chart to back up the trade) and some explanation as to how to trade that within the "20 minute window" that he recommends. Both turns came within 20 minutes of the projection (along with a second low), and the low is obviously the better trade only in hindsight. My problem with projections of any kind is that they are often great after the fact but difficult to trade on the hard right edge of the chart.
Seems like everyone would get more out of that than trading jabs.
Anyway, here is a chart (in central time) of the 20 minute window of yesterday's projection time in the previous chart. Potential turns are marked, which shows how difficult it could be to trade.
The chart showed a projected turning point at 2:45ish ET. The low of the day came at 2:39 and an intermediate high came around 2:49. I would like to know how Walter traded it (perhaps with a chart to back up the trade) and some explanation as to how to trade that within the "20 minute window" that he recommends. Both turns came within 20 minutes of the projection (along with a second low), and the low is obviously the better trade only in hindsight. My problem with projections of any kind is that they are often great after the fact but difficult to trade on the hard right edge of the chart.
Seems like everyone would get more out of that than trading jabs.
Anyway, here is a chart (in central time) of the 20 minute window of yesterday's projection time in the previous chart. Potential turns are marked, which shows how difficult it could be to trade.
