I am as skeptical as the next guy.. But I don't understand declaring a signal worthless without a direction as well as a time. It's like if I post that some important numbers are coming out at 10:00. No one asks "do I long or short? otherwise the signal is USELESS!" You just don't know until the time arrives. Personally, if I wanted to prove/disprove Walther's signals, I would roll some dice and choose 3 times for each day, simulate trades according to market conditions at those times, and compare the results to trades taken at Walther's times.
I am following two stocks today and they both turned at 10.05 and only the second moved at 12:15. (more like 12.50) Thanks for the input Walther. I read your times for tuesday and was impressed and then caught yesterday's and figured I'd give it a shot. Can you explain it to me, one more time, how you do it (for the less than sophisticated), and perhaps attach a chart? I'd say you raised some eyebrows.
Sure. I would like to know which one of these is more widely traded. I can do next week one of these .Let me know which one is it . I know that trading times method is working on DOw, never tried it seriously on any other indexes or stocks. Walter
I trade NQ future. 10:00 and 12:05 have been high of day and low of day pivots thus far. I'd say that my attention has been caught, Walther. I have always pondered the 'time' aspect of tech analysis. Hmmmm, 14:35 ought to be interesting ?
My vote is to do it on the Index (Nasdaq), and one can trade QQQ or other stocks off of it. Thanks for sharing.
what MACD settings do you use on your 1 min chart you are talking about? I like what I am seeing here with your calls, keep it up. Thanks