Quote from: MTL4 on July 08, 2019, 05:08:35 PM

Quote from: unwashed on July 08, 2019, 04:19:34 PM

One last observation, I did attend the 2015 WEC and they setup a forum for all attendees which I participated in. After the wec in Dec 2015 MA called for gold to go down below the 1k mark but my TA was saying otherwise and express so on the forum. I believed it bottomed. I wasn't alone, there was an Asian female who also was stating the same observation. We both tried to convince everyone of what we were seeing cause, OMG, everyone was going short on his forecast. Well, I took a long position and so did the Asian female. The after math wasn't a pretty site. Pull up chart for dec/jan 2015 gold chart and see for yourself. Gold rallied from 1062 to 1375.

Spot on! I was at the 2015 WEC and was also on that WEC forum too and I remember that situation all too well. We went through those arrays exhaustively to try and make any sense of how to trade them and finally most came to the same conclusion, they don't work (at least not the system we had been given access to). I remember seeing a few people posting that they knew how to read the system and made plenty of money using it but when pressed the analysis seemed to be similar to MA where one minute they'd be using one part of the array to forcast something and then next time they'd be using something else often siting all sorts of rules tha MA had given over the years. It was that exact scenario that caused me to develop my own system when MA's call for new lows continued while the market had certainly appeared to turn and was looking like it might be a good run (and it was). Like you I also trade using my own TA then only use MA's ECM to see if it lines up with my own analysis (like an early warning indicator).

Yes, I remember the thread for the arrays, pages and pages, I give all you credit for that but did not contribute since I abandon the arrays a long time before. I use to print them out from his blog in 2011/12 and just set them on my desk to see how accurate they were, not many but enough for me. Not very useful. I didn't have the patience for a long drawn out study. I like to keep it simple, less is better for me.