Quote from: bikefront on August 28, 2019, 09:16:53 PM

Arrays don't work. We've been over this a bunch of times on the forum. We know those rules already. Peak Composite=low or high on a closing or intra-unit basis. But when they fail, its always because of a Reversal, inversion, misalignment, counter-cycle, and so on. Check a consecutive set of array calls on his blog and you'll see that they are basically just coin flips. This is why Armstrong fans only pick out certain winning calls and ignore the rest of the losing ones. Again, if anyone wants to prove it to be the real thing, make some calls. Armstrong fans tried making calls on this forum, and it failed (remember Gumbi?). It reminds me of this: https://www.youtube.com/watch?v=gEDaCIDvj6I obvious nonsense, but then the guy himself believes in his own nonsense and when put to the test, it fails miserably.

Anyone, make 5 consecutive forecasts. Post when the trade was made, and Socrates' criteria for doing so. Also tell the stop-loss or exit point at the time the forecast was made. 5 isn't really enough but having seen how many times it fails, its more than generous. If all five are correct, I'll change my mind. And if anyone does not want to do that and yet still claim that it works, then know that it is the usual fraud by Armstrong&Co.

Oh, and these arrays being posted, know that they show a lot of what happened IN THE PAST. It changes in accordance to what actually happened. Therefore, any arrays posted must have forecasted calls, NOT HINDSIGHT BIAS. It is nonsense, like I said.

Even if the arrays did work as expected I don't see how anyone could possibly make an actual market call without using TA along with it (MA's reversals are likely built from the support/resistance lines but you don't get to see them visually to make entry/exit points). I tried to use just the arrays to figure out market directions (daily/weekly) and failed miserably (worse than a coin flip). What I did find was that there were some patterns on there (which I mentioned above) that could provide insight but all you might get from it would be "watch for a trend change during this time frame". You can't tell if it's up or down but when you combine it with TA it can be helpful IMHO (without TA it would be completely useless IMHO).

Quote from: Jason100 on August 28, 2019, 10:27:46 PM

This is the chart that goes back to the 70s, which shows some symmetry with the parallel channels, within close angle, and 'corrective'
waves in the middle. the trend stood for more than 10 years, and had a wedge like formation that overshoot quite substantially to the upper channel.
One could look at the economic situation - events at the time for correlations.
On the other hand , the current Wedge has already overshoot and approaching Support. Also hit some Fibonacci level. RSI has a minor break of trend.

https://postimg.cc/vcZKgpd1

Nice chart, really helps to keep overall perspective on where you are in the market today. Also yes, it's that overshoot in 2016 that caused the G/S ratio to go down and touch the other side of the channel (it then failed a breakout and stayed in the channel). If we get a break out to the downside now then there's a very high probability we are looking at yet another large rally coming for PMs.