Why Is The Obvious Not So Obvious?

Update - major decline start between now and 8/24/2015 - 9/1/2015 (these 7 trading days could be significant).

Approximate drop in indices from now to 9/1/2015

Drop in SPX = 826 points

Drop in INDU = 5,936 points

Drop in NDX = 1,980 points

Of course I might be way off with the timing and levels, but I might also be close?

Only time will tell - my opinion only :)

J_S
 
It would be rude of me to just post my opinion of direction, dates, and levels, with no mention of how I came up with same, so I will post the chart I used.

I am reluctant to mention what is on the chart, as it might send some people off in the wrong direction and cost them some money if they try and trade same. Some traders will know what the chart is about.

A more thorough check has resulted in the following changes, as the chart does not lend itself too kindly to lines on such a wide timespan - so actual dates had to be taken instead.

Better to measure twice and cut once!

Start date for decline still as of now.

End date for decline is now 09/02/2016.

A steep decline may start from 10/02/2015.

Levels stay the same.

Still just my opinion of course:)

J_S

Screen Shot 07-01-15 at 03.08 AM.PNG
 
The Expert said:
Well said JO:)

To clarify, NY, TG, MrC and now TE, are all students of one who will probably never post on any site.

Many here think that NY=TG=MrC=TE, but most think incorrectly:D

NY is a very good trader, TG is nearly as good, Mr C still has some problems that he is currently addressing, and TE, well, the name speaks for itself:cool:

As for the remaining trader, well, lets just say that he knows MUCH more than the other 4 all put together:eek:

I have been asked to re-start this thread, so that I will now do, as it is very important in relation to making GOOD money when trading.

So, let us try to solve the riddle of trading profits again, for life is full of riddles, and solving them is what produces results:)

1. What is the main theme in all of the posts by TFF group

2. Why is it necessary to fully understand the theme

3. Why do so many fail in understanding the theme

4. What can one do to help them understand the theme

5. How will one know when they really understand the theme

TE
More...

J_S, you aren't fooling me, so why the sophistry?

From your writings you have used certain phrases that are characteristic of certain TFF member(s). Your options posts are reminiscent of TO. The apparent difficulty you displayed trying to get the easy pdf password was a bad case of overacting. Of course MrC was in the TFF as has been stated but you suggest otherwise just to appear dim.
:cool:
 
J_Smith said:
It would be rude of me to just post my opinion of direction, dates, and levels, with no mention of how I came up with same, so I will post the chart I used.

I am reluctant to mention what is on the chart, as it might send some people off in the wrong direction and cost them some money if they try and trade same. Some traders will know what the chart is about.

A more thorough check has resulted in the following changes, as the chart does not lend itself too kindly to lines on such a wide timespan - so actual dates had to be taken instead.

Better to measure twice and cut once!

Start date for decline still as of now.

End date for decline is now 09/02/2016.

A steep decline may start from 10/02/2015.

Levels stay the same.

Still just my opinion of course:)

J_S

View attachment 154364
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Hi,

Your chart is interesting, and I think I get it.
Surely one way of the FC's moving through the market. Cunning.
Your moves indicate a 50% and 56% retracement's, your implying a couple of the indicies will be more volatile than the other. Interesting in itself.
Not sure how you get the dates..or why you pick those levels.
They surely are very very interesting levels when I zoom in and look closely.

Regards
Bogan22
 
Mysteron said:
J_S, you aren't fooling me, so why the sophistry?

From your writings you have used certain phrases that are characteristic of certain TFF member(s). Your options posts are reminiscent of TO. The apparent difficulty you displayed trying to get the easy pdf password was a bad case of overacting. Of course MrC was in the TFF as has been stated but you suggest otherwise just to appear dim.
:cool:
More...
MN,
Have you lost your marbles:)
J_S
 
bogan22 said:
Hi,

Your chart is interesting, and I think I get it.
Surely one way of the FC's moving through the market. Cunning.
Your moves indicate a 50% and 56% retracement's, your implying a couple of the indicies will be more volatile than the other. Interesting in itself.
Not sure how you get the dates..or why you pick those levels.
They surely are very very interesting levels when I zoom in and look closely.

Regards
Bogan22
More...

B22,

It is no more then what the article noted about past crashes, a little bit of looking back to see if any similarities are now showing, which it appears there are.

Will it hold true, fact is no one can say for sure, but everyone knows about cycles and they just don't suddenly stop!

My timing could be out by a few months, meaning we could see new highs in the near future, but unless the recent highs are taken out then we have started and could easily see a big sell off like in the past, anytime!

This is why it is a lot easier for some to daytrade and not hold overnight positions, as large enough gaps could be around for a while to come yet.

The dates and levels are based on the chart.

J_S
 
J_Smith said:
Trading is MATH - It is not MAGIC :)

This chap really is very clever!

J_S

View attachment 154207
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JS,

Thanks for the reply. Can't quite see where the dates come into it.. but I'll study it further tonight.

Do you have another example of the above phenomenon?
My chart has been adjusted and looks different to the one you have posted.

Regards
Bogan22
 
Last edited:
Mysteron said:
From your writings you have used certain phrases that are characteristic of certain TFF member(s). Your options posts are reminiscent of TO.
More...

This is what I was thinking for some time too. The writing is very similar.
Also you may notice the red, green and blue on last chart ( RGB what do I see ?), though it might be only coincidence. And you can see similarity with measured moves from TO. Here is one of TO's chart :

2cxgjrn.png


But well, whatever who is who, the important is to read what is in the ink and think for ourselves. :D

030985
 
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