Post
Topic
Board Speculation
Re: Peak Watch
by
HeliKopterBen
on 21/08/2013, 20:52:48 UTC
We all like targets and time frames here—right?

So there's an experimental indicator I have been toying with. I'm going to see if it can get reasonably close to calling a mid-term peak. I'll update in the thread as new data comes in and there is any change to report on the target the indicator is calling.

Wednesday, August 21, 2013
$124

—Assume your own risk, blah blah...

Very impressive.

I don't wish to mislead anyone. It's a fluke. Really.
A
Don't worry.  I'm wary of the broken clock scenario.   Wink


from what i recall, chod's prediction was moved earlier in time and lower in price each day until prediction and price converged at ~115 last week when he picked a local top on the 4-Hr charts. during a continued uptrend, we will cross all predicted prices and since local tops come every few days, its hard not to be right Smiley but its entertaining to read nonetheless.




Yes it is hard to be right when trading markets.  The price could have went down.  Either way this would have been a winning trade, even if sold at 115.