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The unit of 3 rule
a day is a unit of time, a week is a unit of time, a month is a unit of time etc
The election of reversal indicates the expected high or low should occur within 1 to 3 units of time, be it daily, weekly, monthly or quarterly. Hence the election of a daily reversal means the expected move should occur within 1 to 3 days.
I don't understand what is indicated high or low in "The election of a reversal normally indicates that the expected high or low ..."
Didn't find any info how reversal election indicates high/low.
I can in real time tell you what is going to happen only once key reversals are elected on a closing basis. The unit of 3 rule will apply but I can prove it quite easily that it works.
Can you explain this 3 unit rule? I've seen it mentioned at AE site, but not elaborated.
.i cant personal message on this forum because im a newbie or you are and this forum blocks you if you are a newbie so you will have to put up an email.
You can allow PM's from newbies.
...So far not much is happening ...
Not bad price action right now.
... If indeed a big top (for instance going towards 30K in DOW) is created around the ECM ...
Just enough time to reach such target. I plan to trade it too.
The way to use the model is the merger of Reversals and TIME(array)
Can you elaborate this? How to "merge"?
Thanks!
@AC, can you please stop copying and pasting your messages? We are all grown-ups here and once we have read it then we have read it.
No need to keep copying the same message over and over IMHO.
Thanks!
+1 Thank you!
but the arrays have been fixed lately.
What exactly has been fixed?
Today is also a turning point so we should see a low at least on a intraday or closing basis.
On what other basis could it be?
Joking aside, can you comment on this rule "intraday or closing basis"?
I am especially interested if that low on turning point is based on closing, what can happen intraday?
In that case, you could have intraday low any day before or after. How should one place stop loss in that case?
I have entered a short position at 26545 and exit will be around the 26062 zone.
Can you comment on stop loss used?
Look at this fraud.
Who is committing this fraud?
Alex, if you want to use data, you should use the calls in the Private Blog in order to collect Reversals performance, .
No way! Blog posts are nothing compared to subscription.
Weather subscription data can be used to trade profitably is another question.
today we discover the same behavioral pattern in the output of the Socrates source code:
Can you share that part of the code? Which instrument?
I am currently trying to build a strategy, as alluded to but not well-described in the user manual, for using failed election of reversals which seems to have some promise.
To me this seems like the most profitable one, but without a timing from arrays ...
Armstrong's macro view are "exceptional"
He calls bitcoin to trade lower, and the opposite has happened. That is just one example of his exceptional macro view.
He calls bitcoin to trade lower, and the opposite has happened. That is just one example of his exceptional macro view.Bitcoin is not what I would call a macro view, but yes, I agree though he definitely got bitcoin wrong too.
It is too early to tell. Forecast was based on yearly reversal (close), so there is still a lot of time until the close of this year.
You can give it a try, but I doubt that you will be able to decode the arrays from subscription.
Unlike most here, I still think there is value in Socrates, but unfortunately there is no info on how to understand it completely, especially the arrays.
Unlike most here, I still think there is value in Socrates, but unfortunately there is no info on how to understand it completely, especially the arrays.
None of you know how to even read an array which is a big problem, since timing is everything.
This seems to be definitive true, but Armstrong didn't do much to help people understand how to read the arrays. Socrates support is not helpful either.
Also, some bars on arrays are always the highest so as the time goes buy each period can be qualified as turning point.
Could you explain how do you use the arrays?
Give me a break. Sounds like Martin Armstrong's support person. True Armstrong style.
Wish I was. I would probably be able to find someone to clear the fog around arrays for me.
You did choose nicely what suits you and gave reference to the reversal system (which I referenced as trading strategies).
Socrates manual says you should combine the info, but not exactly how.
That's why I think it is not a system. System should be clearly defined, and Socrates use definitely isn't.
I just realized this.
Check clause 14. of https://www.armstrongeconomics.com/about/terms-and-conditions-of-use/ !
Have you ever thought that giving clear buy/sell signals - investment advice would jeopardize the company. It is probably not licensed for such purpose.
I don't know all the details in the USA, but I definitely would not want to go through this compliance pain in my country.
How about commenting the other part of my post?