Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

retrace

Picking Tops and Bottoms Help

Recommended Posts

Hey I need some help from all you traders.

 

I went to a website called wallstreetwebinar

 

They have what looks to be a really good market timing indicator.

 

One of the charts on the site actually shows the indicator and I was hoping that

we as a group could reverse engineer the indicator.

 

The great thing is that the indicator is from Stockcharts.com so it should not be

to hard to figure it out.

 

My only thought at this time is that the indicator is actually following the VIX index

and not the S&P .

 

Any help would be great.

 

Retrace

Long-term-12-31-2009.png.cb081e8126c1feed5adf1974dc9bde1c.png

Share this post


Link to post
Share on other sites
Hey I need some help from all you traders.

 

I went to a website called wallstreetwebinar

 

They have what looks to be a really good market timing indicator.

 

One of the charts on the site actually shows the indicator and I was hoping that

we as a group could reverse engineer the indicator.

 

The great thing is that the indicator is from Stockcharts.com so it should not be

to hard to figure it out.

 

My only thought at this time is that the indicator is actually following the VIX index

and not the S&P .

 

Any help would be great.

 

Retrace

 

 

You’re asking us too much, we are only traders not engineers

Share this post


Link to post
Share on other sites
Hey I need some help from all you traders.

 

I went to a website called wallstreetwebinar

 

They have what looks to be a really good market timing indicator.

 

One of the charts on the site actually shows the indicator and I was hoping that

we as a group could reverse engineer the indicator.

 

The great thing is that the indicator is from Stockcharts.com so it should not be

to hard to figure it out.

 

My only thought at this time is that the indicator is actually following the VIX index

and not the S&P .

 

Any help would be great.

 

Retrace

 

It wouldn't be for sale if it was worth the time to reverse engineer it.

Share this post


Link to post
Share on other sites
Hey I need some help from all you traders.

 

I went to a website called wallstreetwebinar

 

They have what looks to be a really good market timing indicator.

 

One of the charts on the site actually shows the indicator and I was hoping that

we as a group could reverse engineer the indicator.

 

The great thing is that the indicator is from Stockcharts.com so it should not be

to hard to figure it out.

 

My only thought at this time is that the indicator is actually following the VIX index

and not the S&P .

 

Any help would be great.

 

Retrace

 

if you can pick the top and bottom, you have a unlimited bank machine.

why bother going through all the trouble to set up a website and conduct webinars?

so that you can deal with greedy noobs who are broke and wants everything but do not want to pay for anything? LOL

yes, I am talking about you. yes you... who is a noob and broke and do not have any money and wants everything but do not want to pay for anything by reverse engineer whatever fruits of labor others have to offer.

 

I can tell you, because I have first hand knowledge, when people post a chart, they don't show you everything for free. They would erase some pertinent info, hide some key points, or move data around to confuse you. You would be wasting your time trying to reverse engineer some impossible task.

 

ps. most vendor would cherry pick ONE section of the chart that WORKS, and post it for you to drool on. If you apply the same indicator to one month's worth of data, you might find 10 false signal for every 2 good ones. LOL. but most people would dwell on the good section of the chart and blind to the bad signals... we see what we want to see. Enjoy.

Share this post


Link to post
Share on other sites

It could be reversed engineered. But like the comments said, picking a top or a bottom of a market is very difficult and its likely to be a marketing ploy any way.

 

Why so harsh on the new guys, its a fair question.

 

I would suggest lots of study and reading and start to develop your own ideas about the market, price action, etc, you never really trade the market.. you trade your ideas about the market.

Share this post


Link to post
Share on other sites
Hey I need some help from all you traders.

 

I went to a website called wallstreetwebinar

 

They have what looks to be a really good market timing indicator.

 

One of the charts on the site actually shows the indicator and I was hoping that

we as a group could reverse engineer the indicator.

 

The great thing is that the indicator is from Stockcharts.com so it should not be

to hard to figure it out.

 

My only thought at this time is that the indicator is actually following the VIX index

and not the S&P .

 

Any help would be great.

 

 

Retrace

 

 

 

 

Notice the date on the chart is March 2009, during the one of most volitile times in history, when the market bottomed. This chart is defintely cherry picked. It doesn't show how it is working under current market conditions. I doubt the indicator works well in periods of low volatility. Just wait for the next big crash then try to catch the upside rebound (assuming there will even be one this time round). The timing is so slow it might be useful to an investor but an active trader wont wait years between trades. If I had to guess, I'd say it might be a variation of money flow on a slow time frame. Unless the vendor is willing to show all the history performance prior to a couple months ago I wouldn't spend any more time pondering its effectiveness.

Share this post


Link to post
Share on other sites
....... would cherry pick ONE section of the chart that WORKS, and post it for you to drool on. If you apply the same indicator to one month's worth of data, you might find 10 false signal for every 2 good ones. LOL. but most people would dwell on the good section of the chart and blind to the bad signals... we see what we want to see.
So true, especially your last line.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • ELV Elevance Health stock, watch for an upside gap breakout at https://stockconsultant.com/?ELV
    • ORLY OReilly Automotive stock, nice top of range breakout, from Stocks to Watch at https://stockconsultant.com/?ORLY
    • Date: 28th March 2025.   Market Selloff Deepens as Tariff Concerns Weigh on Investors     Global stock markets extended their losing streak for a third day as concerns over looming US tariffs and an escalating trade war dampened investor sentiment. The flight to safety saw gold prices surge to a record high, underscoring growing risk aversion. Stock Selloff Intensifies The MSCI World Index recorded its longest losing streak in a month, while Asian equities saw their sharpest decline since late February. US and European stock futures also signalled potential weakness, while cryptocurrency markets retreated and bond yields edged lower. Investors are scaling back their exposure ahead of President Donald Trump’s expected announcement of ‘reciprocal tariffs’ on April 2. His latest move to impose a 25% levy on all foreign-made automobiles has sparked fresh concerns over inflation and economic growth, prompting traders to reassess their strategies. Investor Strategies Shift Market experts are adjusting their portfolios in anticipation of heightened volatility. ‘It’s impossible to predict Trump’s next move,’ said Xin-Yao Ng of Aberdeen Investments. ‘Our focus is on companies that are less vulnerable to tariff policies while taking advantage of market dips to find value opportunities.’ Yield Curve Signals Economic Concerns In the bond market, the spread between 30-year and 5-year US Treasury yields widened to its highest level since early 2022. Investors are bracing for potential Federal Reserve rate cuts if economic growth slows further. Long-term Treasury yields hit a one-month peak as inflation risks tied to tariffs spurred demand for higher-yielding assets. Boston Fed President Susan Collins noted that while tariffs may contribute to short-term price increases, their long-term effects remain uncertain. Gold Hits Record High as Safe-Haven Demand Rises Amid market turbulence, gold prices soared 0.7% on Friday, reaching an all-time high of $3,077.60 per ounce. Major banks have raised their price targets for the precious metal, with Goldman Sachs now forecasting gold to hit $3,300 per ounce by year-end. Looking Ahead As investors digest economic data showing US growth acceleration in Q4, attention will turn to Friday’s release of the personal consumption expenditures (PCE) price index—the Federal Reserve’s preferred inflation measure. This data will be critical in shaping expectations for future Fed policy moves. With markets on edge and trade tensions escalating, investors will closely monitor upcoming developments, particularly Trump’s tariff announcement next week, which could further dictate market direction.   Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Andria Pichidi HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Crypto hype is everywhere since it also making new riches as well, i however trade crypto little as compared to other forex trading pairs.
    • The ewallets can be instant withdrawals like skrill etc or they can also pay through crypto but not tested their crypto withdrawals so far.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.