Closed for small amounts due to possible theta-Friday
is this a trading thread now? Thought it was supposed to be about economics.
Nope, its all about making predictions of monetary value.
Its supposed to be about economics and actually armstrong's predictive analysis actually, that is why its in the economics section, please stick to the rules.
Ok, fair enough. I think Armstrong's been debunked for most part- his computer's technical analysis works pretty well but his predictive cycle stuff just isn't consistent.
I think trade talk is entirely appropriate here.
Incidentally, my current style is something I took from Armstrong. I used to save and input Socrates numbers of support and resistance on the daily levels onto my charting on the Dow, S and P, and Nasdaq over time without deleting any levels. They were not 100%, and I never knew when they would hit, but I waited for two to hit at the same time intraday and that would be my trade. It worked really well and accurately. I pretty much do the same thing these days but derive my own method of picking points as well as using several other related products to locate reversal points, which works even better. Actually, this happened today at the LoD for /ES.
then this thread should be moved to tradetalk i follow this to chat about his long term analysis and not your SL/TP targets on market positions.