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THT

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Everything posted by THT

  1. 15 trading opps, 14 won, 1 loss! 93% win rate - since the March 2020 crash FTSE100 Index (NOT Including March 2020 or June 2021) Notice this last date - price low 2 days LATER than date - this is the LATEST its been in the past 15 months
  2. Update to the CNX1 ETF chart above = Expectation of market direction worked
  3. Looks like it's a flat squib affair for the SP500 - I'm away early next week, but I'd give this until Tuesday (max 3 weeks after the physical date) to do something otherwise I'm marking it down as a failure Which is not bad, out of all the TC's this one is the one to be most concerned won't work, especially during an UP Bullish major cycle, which is what we are in, but the expectation was for the market to react as per May 2012 as shown on the Internal cycle harmonic chart in the post directly above So unless we get a 7%+ correction from the highs next week - I'll simply log this as failed - remember we trade the market NOT the Time Cycle The small correction into the actual date is NOT good enough to say that was it! - We should be able to see these corrections/upswings clearly on a monthly chart, which means they should be of significance I'll hold off publishing the next Time Cycle just in case something happens next week SP500 Index Daily Chart: data to Thursday 17th June 2021
  4. THT

    GOLD

    and Gold Puked at 10 year resistance line
  5. Re Inflation - If you look at the last time Int rates were depressed for a long time was 1929-1951 (2% ish) 22 yr period - this covered the 1929 crash and world war 2 The stock market cycle that landed 2000 was the same as per 1929 - dow crashed 80% in 1929-1932, Nasdaq100 same in 2000-2003, hence the same chart price formation At that time Int rates were slashed to combat deflationary pressures - in both cycle periods - IF and its always an IF because we don't know for certainty, since 2000 that 22 yr low Int rate cycle has repeated then we are getting pretty darn close to it ending, this has been on my radar since 2012 - time will tell but I think on the Time Cycle thread i posted about the 4 year cycle in soft commodities which is expected to arrive next year too, so I can see all the factors for inflationary raring off building already, as governments and central banks are always reactive and behind the curve, it would not surprise me to see oil up there as you say forcing central banks to lift int rates to "combat inflation" I've long called 2021/22 for Int rate rise - be interesting to see what happens if anything SP500/USA markets - "should" if it follows the past 225 years of sequencing - obviously this needs to be monitored along the way, but if it does, SP500/Nasdaq etc top out 2034 for the next 17 yr deflationary cycle to begin Big corrections = great buying opps
  6. 99.999% of people don't understand how the markets work, let alone the TC's, but they still manage to make money from so don't dismiss your knowledge - the markets are doing things most people haven't a clue about - I'm not prepared to divulge the cause nor the mathematical formula to work out the TC's, if I did you'd be able to see very clearly the repetition - I know exactly where you're coming from, I'm the most sceptical person you will ever meet about the markets, so I know its hard to understand or believe They repeat because humans buying and selling still make the same decisions now as they did hundreds of years ago - human behaviour is very predictable, even in different economic times There's always a reason attached to plunges so the media and fund management world can say this caused X but they never tell you in advance - I've published elsewhere in advance the dates so to dispel anyone challenging I did it after the event Forex - EXACTLY - they are highly erratic - they work to different Time cycles than the stock market, which is why they act differently - but the overall laws of the market regarding swings, price action etc still apply and can be exploited to our advantage The 50% is the balance point - the laws of physics apply here - markets respect a lot of the laws of physics and mathematics in certain ways, which is why the TC's work etc It happens on all time-frames - If the market is abiding by the laws of physics for an up trend then if price crashes down through the 50% level of the prev range/swing then it should revert back up through that level purely down to the laws of motion and physics
  7. You need to get hung up on them, because they happen - I know for a fact that during 2007-09 bear market you could have traded long and made money, because I did it, but the easiest route was shorting and down Get a chart WEEKLY of any forex market or commodity - go back as far as poss and notice the big turns/swings - much more volatile than the SP500 - there's a reason for that I always say anyone who's making a packet from trading or Investing on SP500 etc go have a crack at the forex or commodity markets - the stock markets natural direction is UPWARDS - especially buy and holders, fund managers would get ripped apart on the forex + comm markets OK - Its totally Impossible to know EXACTLY what the SP500 is going to do on a daily/weekly basis, but it WAS possible to know that a) 2007-09 was going to be a bear market before 2007 even arrived and b) that the market would stop around the level it did. But this is ultra advanced and very few people are bothered about it I've written a thread on Time Cycles on here - it covers what the SP500 is doing in terms of TIME - if you understand it and think about it, it will put you ahead of 99.99999% of traders out there, because these really big corrections and crashes do not happen out of the blue - they are predictable and forecastable with high reliability years in advance Look at the chart below - think about what I'm saying: In 1909 WD Gann said that markets always seek their gravity centre, the half way point - that's the 50% level to you and I Traders go on about fib levels - the 50% level is clearly much more important a level What if you KNEW 1974, 2003 and 2009 should be low points? What an opportunity both long and short! This is why I researched and spent hundreds of hours on Time and Time Cycles for - I missed 2000-2009 because I didn't know what I know now, but I know when the next ones are and I have no plans of missing them These are key once in a lifetime turn points that don't happen often So what I'm trying to point out is that on the stock market the big plunges like 07-09 aren't the norm, but they do happen with very regular intervals, that will catch a lot of people out during certain cycles that the market moves through. with regards to identifying bear markets - yes using a MA to say price below this level is bearish, but it's already bearish as it approaches the level if using price formations such as lower lows etc You don't need to know what I've discovered about time to be able to trade successfully - I was just intrigued if it was possible to be able to time the really big turns etc as I'd prefer to to know if it was
  8. "The Trend is your Friend, until the end" - but all the "experts" out there fail to tell you how to work out when it is over! (they don't know the answer to that) You just need to devise some form of method that you're happy with here Depends what you're trading - if its the SP500 Index then its natural bias will always be UPWARDS - due to the mechanics of what it represents and all that pension/Investment fund money sloshing about If you have a long method that works - then it shouldn't constantly show up to trade during a down period, you might get caught out once or twice but we all do
  9. I remember the BBC reporting in front of world trade building 7 saying it had collapsed when it was clearly still standing and then hours later it "suddenly" collapsed - Sept 11th 2001 David Icke did a great publication on that "terrorist attack" which lead to UK/USA forces invading Iraq and afghanistan, along with implementing onerous checks at all airports since - 20 years later we still haven't had another plane hijacked and crashed into anything, probably because if it had it would prove that aviation fuel can't melt steel structural joists, or bring a building down in a vertical fashion as per a controlled explosion I'm yet to be convinced on Covid, but it absolutely fits in with the totalitarian tiptoe Icke says is happening and fits in being an absolute valid reason to vaccinate the entire globe
  10. Yep - If the major cycle working out since 2016 repeats as its done for the past 225 years then the USA Indices are UP, UP,UP until the mid 2030's - corrections will be nothing like 2000-2009 corrections Although chart is up to date - I wrote the below pre 2015 (can't remember exactly when) - as an absolute min I'd expect 22-25,000 for the SP500 to end on in 2034
  11. Fed meeting this week Markets still Bullish, But.............. Lots of factors are in place that occur at tops/highs Time Cycle zone - rising market into it usually tops out for a half decent correction of some degree (However of all the TC's I track this one is the least predictable in an overall Bull market - Reference 15th May 2012 for the last Internal date this TC arrived) Weekly Indicators are in the OB zone and in perfect place for reversing for the weekly chart to register lower price bars of some degree Daily Chart (shown) - possible Double top + daily Indicators in OB zone There's also an Elliott Wave count suggesting a 5 wave top due - not too bothered about this though IF a correction happens, then its a great buying opp, but as of yet there's no evidence the bull runs finished I've got an aggressive exploratory short 1 penny under the black line (yet to be triggered) - SP500 Index Got a nice Triple TOP formed on the Nasdaq100 * Note on TC's - Sometimes they arrive dead to the day, other times a window of tolerance has to be observed - we're NOT trading the TC, we're trading the price action caused by the TC, which should form formations relevant to the direction of price or likely direction and the TC's are NOT 100% accurate, they are highly accurate but not 100% which means some of them won't work out as expected, hence why we don't trade them blindly
  12. Hang on I'll just look under my desk, nope not there, maybe on the roof, nope, maybe the shed.... The TC's that I track have a 90 odd % hit rate, that means not all of them are 100% guaranteed, this could be one of those times, we'll have to wait and see. This particular one has a window of 2 weeks before and after the date of 4th June, so there's this week and next week yet The expectation is for the market to correct to some degree - once a corrections is underway it's tradeable, not before and if this corrects then as we're in a long term bull market it should find support on key angles and levels but again that is not 100% guaranteed, which is why we don't trade blindly, we wait for confirmed set-ups then take the plunge It could just force a flat boring sideways market - don't fall into the trap of it having to happen, if it happens and we get a decent correction it should be followed by a decent tradeable bullish section too
  13. History does repeat, definitely Your main job as a new trader is to work out as fast as possible what does and doesn't work and what the market typically does - My How to Win thread provides a massive shortcut to what works in the markets, I don't detail everything, but the basics are definitely there especially for trends. Trouble is there's all these experts out there with flashy websites and youtube channels showing you perfect examples of trades to help them sell you something and then low and behold you try it and it doesn't quite seem to work If the market behaves in a way you don't expect its either rogue price data or you're trading a method not suited to the cycle section that's unfolding in front of you We can't control the cycle, the price action or the market, we just piggy back along until the ride is over
  14. If you get your numbers then you can also then work out how many trades to have to make per year to achieve £x or xR or x% and then you can see if you can achieve that off the daily charts or if you have to go lower time frames to achieve etc Trading is all about the maths I would for newbies or those losing recommend keeping stats and analysis as it helps you to understand things, I personally no longer do this and I stopped doing so back in 2012 The rules of trading are: 1 Lose money 2 Learn how NOT to lose money 3 Then you make money 4 There are no short cuts - If you're not losing money and have bypassed 1 & 2 the big one will get you its only a matter of time Stats help you understand #2 & #3
  15. First its crazy to let a 6R+ profit turn into a loss - this game is hard enough without giving large amounts back - therefore you need to work out some way to protect part of open profits Secondly you need fathom out what the trade does when it works perfectly - if once its up 1R it continues up and doesn't come back to test entry level then once up 1R move stop to break-even and then trail You could also consider trading multiple units rather than just 1 unit - i.e. 2 units say £5 a point, trade moves to 1R, sell 1 unit £2.50, move stop to break-even and then trail the remaining unit £2.50 and/or set target - this method banks a small profit if you're wrong, depends whether this is worthwhile or not on your win rate of the method I would test, test and test, what the method does - then you will have the stats on it over x trades/years etc
  16. SP500 Index: Weekly charts are Bullish, Daily charts are topping out on the Indicators - doesn't mean price will crash! We're now INTO the week of the TIME CYCLE [TC] As usual trade what forms/you see - if someone had a gun to my head and forced me to predict I'd say get ready for a correction of a decent degree in June The action should be more prominent on the Nasdaq100, however if the TC works then it should force the SP500 & DOW too
  17. THT

    GOLD

    WEEKLY Chart: GOLD Very very close to the 2011 Price level RSI in OB territory AND WEEKLY price advance is at an angle that can't be maintained, also Gann triple top potential close by too! - doesn't mean it will turn, but significant factors are in place for a pause or correction of some degree Will the price level prove as resistance or not? All we can do as traders is trade what we see when a confirming set-up arises - we don't predict - the 2011 price level has obliviously been a key level in the past year as price has failed to break permanently from it The DAILY chart (bottom chart) gives you a view from the daily pov - I will be looking for shorting set-ups if price gets above the line and near those 2 prev double tops - until then though...... I've been long since the double bottom in late March/early April (as mentioned in my How to Win thread the other week) and will follow the market up until stopped out
  18. The 90's for me represented the birth of top drawer Dance music - Hacienda, Manchester in the early 90's - OMG the stories I could tell of a few celebs
  19. Lets assume that did happen - they'd have to or should change wording to taxable - once that happens you then create a LTD co and trade for a living through that legal entity, if trading profits are taxable as they are with CFD's then losses/trading costs, commissions, spreads etc are a business expense to which you can offset against profits - I reckon 90-95% of people trading end up losing all their money at some point, that's a huge amount of losses to offset against taxation - I doubt they'd look at it which is why they allow it to be tax-free This is why you should (when funds permit) have S&S ISA and SIP*P accounts - they are virtually tax-free and def tax free from a capital gains aspect The only thing is inside them is you can't get much leverage as you're partially limited to what you can and can't trade - but if you build up a sizeable account, then the gains made inside ISA/SIPP* can be withdrawn as income (you can't access SIPP money until min age 55) But you can trade many many things inside them just as you would SB'ing This is why 95% of my Investable funds are inside my ISA and SIPP - and i draw my "income" from my ISA *Income drawn down from a SIPP is taxable after you've taken the 25% tax-free cash - but the investment growth inside is not subject to capital gains tax etc I used to be a financial adviser - you'll always be subject to tax rules, you just need to work out what's best for you
  20. I've got multiple accounts - my ISA isn't with IG - gains are simply withdrawn into personal bank acc and then from there make an ISA contribution up to the annual allowances
  21. Not sure on that as I did all my back testing on daily charts which I was able to obtain data on covering many decades - but I buy in my price data and run it through my preferred charting software I've never tried to back test with IG's provided data or PRT
  22. Yeah, but you can easily gain that by back testing historical price data
  23. I wouldn't set targets - trading is psychological warfare against yourself - adding targets and required returns just adds to the pressure If you have a decent method it will pay dividends and most likely beat the markets average returns
  24. Yeah its a tough one - there's very little material out there on Gann, that's why all the guesses and whatnot - Gann got purchasers to sign non-disclosure agreements which is probably why not much of his work filtered through and the fact that back then he was charging a fortune for it Then you have the vendors who have spent years researching Gann, figure out that they can't repeat what he did and then start selling his "secrets" to claw back time and money they investing in their pointless research, so over the years a lot of merchants selling their wares have muddied the trading world waters of **** information. The thing is basic Gann works, some of his Time Cycle and time theory works and I know for a fact that expanding on this through my own work and research has proved that certain aspects of time and price can be used for predictive purposes - obviously all with the aim of exploiting the markets I don't know this for a fact but I reckon Gann was one of the first traders to publically identify the stair stepping nature of trends with higher highs and higher lows - whether he made $50 mill or not, he definitely knew how to trade I'm one of those people who look at a piece of machinery, see's what it can do and then wants to learn HOW it does it, not everyone is like that, so some will get my work and others might not.
  25. and to confirm about expanding triangles and failed trend lines: Today in the ETF CNX1 of the Nasdaq100 Index Entry = Gann's Lost Motion target is swing high @ d - It just can't get much simpler Remember Gann said - "Sell Double/Triple TOPS and Buy Double/Triple BOTTOMS and buy on secondary reactions" - I think this chart shows those pretty self explanatory
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