OK now, don't make me breakout the the Crazy 8 . Just funn'in whicha, I'm sure there are plenty of happy users of the ball who have factored it's market calls into their regular trading setups and methods ... pretty much just like every other traders' system. It just gives them a safety blanket to do their thing with. Good trading, JJ
I wanted to wait a week and give a report of the Mighty "Balls" accuracy for that week. Of the 10 forecasts( 5 morning, 5 afternoon) the "BALL" made last week Feb. 12-16, I am pleased to report that in my humble and honest opinion that the "Ball" nailed all ten calls. Any other "Ball" followers here I'm sure will agree. The previous two weeks you mention were full of scheduled and unscheduled breaking news market events. The guidelines for trading the "Ball" clearly warn against trading in front of even moderately important scheduled economic reports. Such unknown events in all fairness should be factored in when evaluating the accuracy of an indicator which is often updated before that data is released. FWIW the "Ball's" reading is often neutral in front of such data . Rennick out
Knowing which way the Market is heading is all a trader should need. Anymore info and you may as well have your money managed. Rennick
The last week it was accurate. I made sure to put in I had only watched it for 2 weeks at the time of the post.
This morning call was negative calling for weak market action. The afternoon call was positive calling for strong market action.