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Mar 15 2012, 09:51 AM
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#1
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![]() Member Group: Traders-Talk User Posts: 2764 Joined: 9-October 06 Member No.: 5282 |
I don't know the details.
Tomorrow is the predicted reversal day, does that mean it has to be tomorrow or is there this concept of an orb of +/- 3 days the astro guys describe about astro events? If we turn here today or tomorrow and head into a low the first or second week in April, what does that tell you about the rest of the year? What if we have an inversion? By that I mean a low on the Bradley date and a run up? Is that possible given our history the last few days? How soon do you know it has inverted? I'm very curious about all these issue; It seems to me enough traders follow the model to have an impact, regardless of the underlying "fundamental" strength of the model (I just don't know the details). Thanks Jim |
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Mar 15 2012, 02:38 PM
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#2
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Member Group: Traders-Talk User Posts: 5285 Joined: 13-October 03 Member No.: 349 |
since no one said anything - I dont follow it but there are a lot of posts on TT about it - this may be informative
http://www.traders-talk.com/mb2/index.php?...&hl=bradley then there is google etc -------------------- best,
klh |
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Mar 15 2012, 03:12 PM
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#3
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![]() Member Group: Traders-Talk User Posts: 2764 Joined: 9-October 06 Member No.: 5282 |
since no one said anything - I dont follow it but there are a lot of posts on TT about it - this may be informative http://www.traders-talk.com/mb2/index.php?...&hl=bradley then there is google etc Thanks Karen. I find that people who use Astro to predict market direction tend to be shy about it, although I think Andrew Lo is actively researching it (so it may be gaining some respect) Like any signal that enough people follow; it's good to have an idea how it works. Jim This post has been edited by jjc: Mar 15 2012, 03:12 PM |
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Mar 15 2012, 06:46 PM
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#4
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![]() Member Group: Traders-Talk User Posts: 6622 Joined: 22-October 03 From: US Virgin Islands Member No.: 391 |
Jim, here is my take on Bradley dates:
They are a load of compost. I think they have a 2-3 day window, and can signal (seems to me) reversals, continuations or consolidations. Trade that. I note that the moonies never come with a trade call in anticipation of a Bradley date, like: "Hey kids, Thursday is a major Bradley, everybody go ______. Here is a chart I post now and then showing recent major Bradleys.
This post has been edited by selecto: Mar 15 2012, 06:48 PM |
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Mar 15 2012, 07:00 PM
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#5
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Member Group: Traders-Talk User Posts: 3 Joined: 19-October 07 Member No.: 6436 |
I am a rank amateur and almost never post because of that, but my understanding of Bradley turn dates is that they may only sometimes reflect turns in equities. It could be a turn in commodities, currencies, or some economic event (consider the recent post about Japan's dire debt situation). Tying it to equities only is I think a mistake. You must look at the macro environment. Sorry for the intrusion.
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Mar 15 2012, 07:29 PM
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#6
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![]() Member ![]() Group: TT Member* Posts: 20474 Joined: 13-January 04 From: T Town Member No.: 1054 |
I am a rank amateur and almost never post because of that, but my understanding of Bradley turn dates is that they may only sometimes reflect turns in equities. It could be a turn in commodities, currencies, or some economic event (consider the recent post about Japan's dire debt situation). Tying it to equities only is I think a mistake. You must look at the macro environment. Sorry for the intrusion. EXACTLY! The last few Bradley dates have seen the price of gasoline go up. -------------------- |
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Mar 15 2012, 07:51 PM
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#7
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Member Group: Traders-Talk User Posts: 3 Joined: 19-October 07 Member No.: 6436 |
After a trip last week in the RV I certainly felt the effect of those gas price increases! I think they call that a loss! Money out of my pocket into someone else's!
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Mar 15 2012, 08:19 PM
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#8
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![]() Member Group: Traders-Talk User Posts: 15167 Joined: 30-October 03 From: Planet Earth Member No.: 463 |
I reference Bradley, but I don't dwell on it because it is very slushy and gray. Using the term "turn" can be confusing... because you may not get a "turn". I think it's more like a "trend change or acceleration".
I have found that Gann dates are more interesting. For example: March 6th 2012. 3 year Anniversary of Bear Market Low. Now look at March 6th on the chart
-------------------- Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position" Volume is the only vote that matters... the ultimate sentiment poll. http://twitter.com/tradingcoach1 |
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Mar 16 2012, 07:52 AM
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#9
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![]() Quant Group: Traders-Talk User Posts: 17672 Joined: 13-September 04 From: 33.921,-118.39 Member No.: 2421 |
If anyone of you is buying or selling the Bradley, I would like to also sell you some snake oil...
This post has been edited by arbman: Mar 16 2012, 07:53 AM -------------------- |
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Mar 16 2012, 04:22 PM
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#10
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![]() Member Group: Traders-Talk User Posts: 2764 Joined: 9-October 06 Member No.: 5282 |
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Lo-Fi Version | Time is now: 25th May 2013 - 05:00 PM |