11 replies to this topic

[IYB]

I hope I set it up properly. Those who actually use Bradley as at least a portion of trading decision making - Please Vote! Many Thanks, Don

http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=3&dy=27&i=p92590499743&a=186847811&r=5653.png

[Rogerdodger]

October 12th, 2011 was a Bradley. Pretty much ZILCH!
October 28th, 1011 was a Bradley. Pretty much THEE top.
November 22-23, 2011 was a Bradley. Pretty much THEE bottom.
Dec 28, 2011 was a bottom on both the SPX & NYSE.
Jan 13, 2012, another bottom on both the SPX & NYSE.
Jan 27th saw a high volume top and reversal on both the SPX & NYSE.
So Bradley is extremely accurate... in hindsight... with a 3 day window.
Give me 4 days and we are batting in the .900s!

Edited by Rogerdodger, 27 January 2012 - 01:55 PM.

[CRUISENAL]

Hi Don,

This date is NOT a Major Turn Date so it carries less weight IMO. My guess though is the 1/28 date will be a low followed by higher prices into 3/16, the next MTD. I suspect that 3/16 date will be a Major Top.

If we follow the green line on the Bradley chart, it has been going up since 12/28 as was the NDX, SPX & INDU. The green line shows two dips but the trend is up until the MTD on 3/16. Then the green line turns down and the next MTD comes on 6/12. The direction of the green line does not tell market direction, only polarity, so even if it is going down doesn't mean the market is going to go down. But I think we will see exhaustion likely by then with most momentum indicators weakening. So I am sxpecting a dip currently, some may call it a wave 4 down, and then a rally into mid March. If so, and the market turns down in March, we could see a sizable decline into mid June followed by a rising green line rally in late June and July, followed by more declines into year end. In other words, I think the market may follow the green line in direction This Year. It doesn't do it every year, but I am thinking this year it may do so. Just my thought's here. Time will tell. Alan

I hope I set it up properly. Those who actually use Bradley as at least a portion of trading decision making - Please Vote! Many Thanks, Don

http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=3&dy=27&i=p92590499743&a=186847811&r=5653.png

[IYB]

For the record, here's the last time we did this on Sept 26:

http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=5&dy=27&i=p20313576835&a=186847811&r=2672.png

Btw, I'm not trying to choose "major turn dates" - I just do this at random when I notice that someone has called out a Bradley turn....

[fib_1618]

Too funny...split right down the middle at 15:24 - 7/7 with 15 just viewing the poll. So much for insight. Fib

[IYB]

Too funny...split right down the middle at 15:24 - 7/7 with 15 just viewing the poll.

So much for insight.

Fib

That's a little like subscribing to a timing service which tells you: "Great news! We have a trade signal today! Problem is that we can't agree here whether it's a buy or a sell. So let's do this: If your last name begins with A-L we want you to buy. If it begins with M-Z, then we want you to short"

{Sorry for being so flippant -- but it IS Friday after all....}

Edited by IYB, 27 January 2012 - 03:51 PM.

[gm_general]

Too funny...split right down the middle at 15:24 - 7/7 with 15 just viewing the poll.

So much for insight.

Fib

That's a little like subscribing to a timing service which tells you: "Great news! We have a trade signal today! Problem is that we can't agree here whether it's a buy or a sell. So let's do this: If your last name begins with A-L we want you to buy. If it begins with M-Z, then we want you to short"

The poll does not list relevant options, which would be either a) you think it defines a reversal, or you don't. Bradley dates indicate a trend reversal (supposedly) of at least the IT trend, not that the market should always head in a specific direction after a Bradley date. I would want to do a study of how many cases where the RSI was at an extreme on a Bradley date did the market reverse. Do this comparison at various thresholds of RSI to see if you can get a good batting average.

[DrSP]

For Those Who Use Bradley as a Trading Tool, What is it Telling You?

Nobody uses it as a trading tool. Many use it as a selling (newsletters, subscriptions, spam etc) tool! A better poll would have been

How many of you sell newsletters using Bradley?

[fib_1618]

That's a little like subscribing to a timing service which tells you: "Great news! We have a trade signal today! Problem is that we can't agree here whether it's a buy or a sell. So let's do this: If your last name begins with A-L we want you to buy. If it begins with M-Z, then we want you to short"

Too funny.

How's the Dolphin Indicator doing Don? (I wonder how many remember that one)

Fib

[gman]

How's the Dolphin Indicator doing Don? (I wonder how many remember that one)

Fib

Wasn't it called something like the Sturgess indicator?