@nstrdms
The ECM is the global economic cycle declining into 2020.05(18 Jan) I am referring to the US share market crashing into Jan 2021 if we rally into this ECM turning point in Jan 2020
@MA_talk
Welcome back
"I explained that the cycle was discovered from a study of the number of financial panics between 1683 and 1907 that was a total time period of 224 years. There were 26 panics within that 224 year period that produced 8.615384615."
"this business cycle can be calculated on quarter-cycle intervals of 2.15 years into the final peak for this major wave formation of December 24th, 2032."
https://www.armstrongeconomics.com/writings/1999-2/the-business-cycle-and-the-future/
10/07/015 is simply the ECM in 2.15 year intervals, its a quarter cycle of the ECM 8.6/4 = 2.15
The dates of the ECM cannot be changed and have been documented well in advance. I also posted a trade where 2 major daily bearish reversals were elected on the 1st of October with a big gap to the next and it was successful.
Welcome to the exciting world of single observation statistics!
Read this blog starting at page 273 to find out more about computerized fraud
See armstrongecmscam.blogspot.com for a more compact view of major findings posted in this blog
no I have not played this correctly. The market should test the next daily bearish at 25833. Today is also a turning point so we should see a low at least on a intraday or closing basis.
If a reversal is penetrated intraday this often implies a move to the next in this case the weekly bearish has become the next area of support on the Dow.
The reversal system is simply the best MAP possible when trading.
For bitcoin we don't have the reversals just a single blog post how can we with any confidence going to conclude anything? Socrates doesnt work like that where it's completely static and never changes we could of easily generated and elected a set of monthly reversals based on future price movement. Thats why that post doesnt help because we dont have all the information. It seems to be an error on the part of Armstrong but to conclude Socrates got it wrong simply cannot be determined.
The ECM is the global economic cycle declining into 2020.05(18 Jan) I am referring to the US share market crashing into Jan 2021 if we rally into this ECM turning point in Jan 2020
@MA_talk
Welcome back
"I explained that the cycle was discovered from a study of the number of financial panics between 1683 and 1907 that was a total time period of 224 years. There were 26 panics within that 224 year period that produced 8.615384615."
"this business cycle can be calculated on quarter-cycle intervals of 2.15 years into the final peak for this major wave formation of December 24th, 2032."
https://www.armstrongeconomics.com/writings/1999-2/the-business-cycle-and-the-future/
10/07/015 is simply the ECM in 2.15 year intervals, its a quarter cycle of the ECM 8.6/4 = 2.15
The dates of the ECM cannot be changed and have been documented well in advance. I also posted a trade where 2 major daily bearish reversals were elected on the 1st of October with a big gap to the next and it was successful.
Dow elected 2 daily bearish reversals at the close today, next level of support lies at 26062 on the monthly level,
I have entered a short position at 26545 and exit will be around the 26062 zone.
I have entered a short position at 26545 and exit will be around the 26062 zone.
...
I have just exited my trade at 26102 just above the monthly bearish
Btw AnonymousCoder for this trade I sold 18 contracts on the Dow because the reversal system is never wrong
I have just exited my trade at 26102 just above the monthly bearish
Btw AnonymousCoder for this trade I sold 18 contracts on the Dow because the reversal system is never wrong
Welcome to the exciting world of single observation statistics!
Read this blog starting at page 273 to find out more about computerized fraud
See armstrongecmscam.blogspot.com for a more compact view of major findings posted in this blog
no I have not played this correctly. The market should test the next daily bearish at 25833. Today is also a turning point so we should see a low at least on a intraday or closing basis.
If a reversal is penetrated intraday this often implies a move to the next in this case the weekly bearish has become the next area of support on the Dow.
The reversal system is simply the best MAP possible when trading.
For bitcoin we don't have the reversals just a single blog post how can we with any confidence going to conclude anything? Socrates doesnt work like that where it's completely static and never changes we could of easily generated and elected a set of monthly reversals based on future price movement. Thats why that post doesnt help because we dont have all the information. It seems to be an error on the part of Armstrong but to conclude Socrates got it wrong simply cannot be determined.