Support and Resistance Trading Forum

Re: August Lean Hogs
By:Deadlydoggy
Date: Sunday, 28 June 2009, 3:51 pm
In Response To: Re: August Lean Hogs (Alan C.)

Hi Alan i have done alot of research into time, and price. both have strong implications for turning points. when both are present at the same time lotto ticket!

to study time ill give you a few tips. start tabulating the data. in a yr you might see 12 to 20 significant turns
build the table up to 120 to 150 turns over a 5 to 7 yr period. these turns of the past will predict future turns.
but you will need too do some reasearch to figure out at what number of days from a point in the past will it influence a turn in the future. from the table u will end up with 3 or 4 clusters of time points for turns in a month. that is a ton of work but well worth the effort.

i would also recommend to read the elliot wave theory and start looking at waves but look for a few yrs before you trade with it. it is an art and the waves jump out at the turning points as well. you will also see usually some nice divergence on the rsi at these points as well.

i cant talk about my work in price.

cheers

Responses To This Message

Re: August Lean Hogs
Alan C. -- Tuesday, 30 June 2009, 5:05 am
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