Trading times for Thursday

Quote from daydreaming:

What were we supposed to do at 12:15 EST according to your system?

I am as skeptical as the next guy.. But I don't understand declaring a signal worthless without a direction as well as a time. It's like if I post that some important numbers are coming out at 10:00. No one asks "do I long or short? otherwise the signal is USELESS!" You just don't know until the time arrives.
Personally, if I wanted to prove/disprove Walther's signals, I would roll some dice and choose 3 times for each day, simulate trades according to market conditions at those times, and compare the results to trades taken at Walther's times.
 
Quote from Walther:

I received mail where I was asked to do the same thing for stocks and CSCO was suggested to me. I will look at it tomorrow if I have a time. Maybe, if there is an interest I can do a few stocks next week so post or send you suggestion for some active stocks.
Walter

Walter - why not do a broader index like Nasdaq, which someone can trade CSCO off of? Or QQQ, SPY?
 
I am following two stocks today and they both turned at 10.05 and only the second moved at 12:15. (more like 12.50)

Thanks for the input Walther. I read your times for tuesday and was impressed and then caught yesterday's and figured I'd give it a shot.

Can you explain it to me, one more time, how you do it (for the less than sophisticated), and perhaps attach a chart?

I'd say you raised some eyebrows.
 
Quote from kgharris:



Walter - why not do a broader index like Nasdaq, which someone can trade CSCO off of? Or QQQ, SPY?

Sure. I would like to know which one of these is more widely traded. I can do next week one of these .Let me know which one is it . I know that trading times method is working on DOw, never tried it seriously on any other indexes or stocks.
Walter
 
I trade NQ future. 10:00 and 12:05 have been high of day and low of day pivots thus far. I'd say that my attention has been caught, Walther. I have always pondered the 'time' aspect of tech analysis. Hmmmm, 14:35 ought to be interesting ?
 
what MACD settings do you use on your 1 min chart you are talking about? I like what I am seeing here with your calls, keep it up. Thanks
 
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