In this thread, I will unveil a method I have discovered for analyzing the market. I'll start by saying that according to my method, the NDX has just topped at 1182 with an error margin of 2 points. The target for a pull back will be between 850 and 800. I am not taking any positions here, and I am unveiling this method for analyzing the markets for my own reasons. The method has to do with patterns. I'll put together a little tutorial on it and post with pictures and all.
i'm putting the material together, trust me it will be good. the reason i started the thread before i had everything together is because i wanted to post it as the market topped for a dramatic effect. the point is indahook, that there is no point...
I have to use esignal to post the examples... because I am more familiar with it. I can't use esignal until after the close cause a friend is using it. So i will post a chart.... we'll see if anyone can see the obvious pattern unfolding.
Let's hope this method is REALLY good or REALLY stinks. I find that systems that blow, can be inverted and used profitably.
So you can't afford esignal, but you are going to pass on this trade based on an "obvious" pattern - when it would make you well over six thousand dollars per contract??