Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
Strike Eagle 26
on 17/04/2019, 14:02:36 UTC

That method is asking a bit much for them all to be in alignment and you are over complicating it. You could simply play it by the reversals exclusively and you would have a lot more success. The Reversal system is the ONLY game in town just keep the reversals as the key Armstrong has told us time and time again. The Reversals and Cycles are the trade tools. The GMW is simply an alert system, It is not intended to be a trading tool. and it's not very reliable as is still learning.  I would argue the most important thing to focus on is the reversal system and the array's which is bringing both time(1#) and price(2#)  together.

Regarding the array's
"Turning points in price (high or low) unfold on BOTH the highest and lowest bars. There is NO direct relationship between turning points and highs and lows in the array. A low in price may unfold with the highest plot and a high could form on the lowest plot. The higher the bar the higher the probability that we are going to get something that moves then. The highest bars tend to be the strongest turning points on all of them."
Also there is nothing wrong with using the array on the daily level that’s a way to enter and exit the market. The reason why the daily array seems to look so different day to day is because the charting is proportional, and not explicit. Keep that in mind.

Regarding the directional change Armstrong has said 
 1.    They are only interested really in the directional that whatever direction we were in it should reverse. Sometimes we will get them back to back and we will get a sharp high and a sharp low , a very choppy attitude out of it.
2. During periods of high volatility, it is more common to find the Turning Point and Directional Change converge during the same time period. This normally occurs when a market is making a spike low or high.
3. A Directional Change can be a turn, but it can also be a launch pad.

I  think the key is to look for the gaps between reversals and not trade them if there are clusters of support or resistance just above or below a elected reversal as was the case in the Dow yesterday.

Other important reversal system points by Armstrong

4. If you penetrate a reversal and then FAIL to elect it, this typically signals a move back in the opposite direction.
5.         Reversals that are elected by only a few ticks offer the best indication of immediate follow-through
6. Each market reacts in a slightly different manner to the Reversals. The metals, currencies and bonds have a high degree of precision.
7. The election of a Reversal normally indicates that the expected high or low that should unfold could take place in as short a time span as 1 to 3 units of time, be it daily, weekly, monthly or quarterly. Therefore, a low might develop the very next day following the election of a Daily Bearish Reversal or within the next few days. The same is true for all price activity levels.
8. Experienced traders can use Reversal Points for the opposite of their intended use. For example, a trader could place an order to buy against a Bearish Reversal with a protective stop just below


• .

What markets are you having a problem with? the only issue for me regarding that is with the currencies.