Trading eminis with cycles

[IbEmE]

CALCULATE 4-YEAR CYCLE TOPS AND BOTTOMS

CALCULATE 4-YEAR CYCLE TOPS AND BOTTOMS
OF THE S&P INDEX by Walter Bressert:

http://www.walterbressert.com/PAGES/...T/SMREPORT.CFM

[theplumber]

THE best in the biz of cycles newletters is this guy http://www.harleymarketletter.com/index.html

[theplumber]

Update time 5:50 this morning. Missed the selloff into the close but the easy money was made already.

[theplumber]

I don't like to give trade recommendations but if anyones long be careful trading the next 5 days. The chart helps explain what I'm seeing watching the tape trade. The bulls are fearless, scooping trades by dropping the bids and then showing 4000 @ the bid, with 3K on the offer. Somethings just not right watching this and makes me suspicious of a good whack coming. I've been shorting all and any rallies for 3 days now and will to catch the next whoosh 10 pointer coming. Maybe there was something in the tacos I ate this afternoon ,I don't know, but everything doesn't feels right.

[theplumber]

Picked the wrong day to stop sniffing glue I guess. This is a better look at my sell signal, the purple is the forecast model.

[theplumber]

8:30 this morning update time

[theplumber]

trading with astro cycles

[jbc7]

Originally posted by theplumber
trading with astro cycles

I don't have Wave59. What's the dotted line and solid line in the chart? Are they astro indicators that come with Wave59?

[theplumber]

Originally posted by jbc7
I don't have Wave59. What's the dotted line and solid line in the chart? Are they astro indicators that come with Wave59?

The blue forecast is what I call a standard forecast and the red is my own secret sauce. Nice to see how the whole day will play out ahead of time, takes the guess work out of trading

[theplumber]

Seems the best working model for the daily is the 512 data window, but that is inconclusive as of yet only b/c the weekly matches. The weekly cycles are the best and it's the only cycles that will alway work and never fail. I found the fractal I wanted and it's the chart below. For EW fans I think the saying is that an impulsive wave is judged by being faster than a corrective wave. Well that's how cycles are judged. In fact EW is based on cycles, they don't call it grand supercycle for nothing. Any pull back will be a buying point. I have a major cycle date just after the November election, and it should be a high for the year. Should have listened to Carl, he had this to say Sept 4 , enjoy.

My support and resistance calculations are telling me that that
Friday's highs in the bonds and notes (112-02 and 113-03 in
electronic trading) marked the end of the rally in these markets from
the May lows. In my last post (August 7, gg # 27523) I projected a
bear market low for the bond futures in the 100-102 range. I still
think this is a good target but it may take the market 6 months to
get there from here. Thus I think it likely that the next 6 months
will see many big swings in the bonds which in retrospect will all be
part of a big trading range between 100 and 116.

The shorter end of the market ( 10 years and less) will do worse than
the bonds and show a more pronounced downward trend since I am
expecting the yield curve to flatten substantially from current
levels.

The S&P's are in the early stages of a strong rally which is likely
to carry this market to 1260 by early November. I still think that a
break of at least 150 points is likely once that level is reached but
still higher highs in the S&P are likely during the second half of
2005.

Carl

[jbc7]

Thanks, theplumber for your informative answer to my question.
Your posts are always helpful. I think I'll try Wave59 to see if I can make use of the natal forecasts and the 9-5.

[theplumber]

Originally posted by jbc7
Thanks, theplumber for your informative answer to my question.
Your posts are always helpful. I think I'll try Wave59 to see if I can make use of the natal forecasts and the 9-5.

Some of Wave59 capabilities I use to swing trade using a 30 minute chart.

[jbc7]

I just got Wave59. Fiddling around with it. The 9-5 picks tops and bottoms only sometimes. Need other indicators for confirmation. The natal forecast doesn't really predict turning points, only probable direction. Again, this only works part of the time. Can never get away from using price action for confirmation.


theplumber, are those diagonal lines the price/time counter? And those Harley numbers based on fib?

[theplumber]

Originally posted by jbc7
I just got Wave59. Fiddling around with it. The 9-5 picks tops and bottoms only sometimes. Need other indicators for confirmation. The natal forecast doesn't really predict turning points, only probable direction. Again, this only works part of the time. Can never get away from using price action for confirmation.


theplumber, are those diagonal lines the price/time counter? And those Harley numbers based on fib?

Hmmm, guess you and I see different things. This is actually normal, never found anyone who sees what I see yet. Looking at the chart below I see opportunity to hit some very good trades. EVERY top and bottom? You got to be kidding, how long you been trading? Looking for that "holy grail"? Natal forecast shows some good direction to me, but I guess that's just me. Don't see anywhere where I stated or the gif a gave stated the natal forecast "predicts turning points". Probable direct looks fine to me. Why would you want to confirm without price action? What do you trade 1 contract? Sling 50 to 100 and lets see you sweat with just price action. I personally need more of an edge. Does this mean I'm advocating you should too? Absolutely not, I advise you NOT to trade period. Too much risk for most people. I advise you to get a stable job and leave this risk taking to me, who knows maybe you'll be better off. I don't ever endorse anything except Esignal data. What I use or show in my charts is just what I use. IF you want to take on risk and get something from my charts than great, if not it is what I expect. Everyone sees everything different because we don't see things as they are, only as we are.

[theplumber]

riding the wave