Jump to content



Photo

Magic T ended?


  • Please log in to reply
4 replies to this topic

#1 Rogerdodger

Rogerdodger

    Member

  • TT Member*
  • 26,863 posts

Posted 14 February 2023 - 12:57 PM

I am fascinated, but no expert on Magic T's. (See https://ttheorygroup.science.blog/ for more information)

One follower of Terry Laundry's Magic T found that using a simple MACD of the NYUD yielded a similar result as Terry's more complicated method.

I, favoring simple... began watching it.

Note that the Theory was originally based on Terry's work in radar wave "echo" reflections.

Terry postulated that markets often behave in a similar manner.

 

WARNING: Do not try this at home without adult supervision!

T-Theory.jpg


Edited by Rogerdodger, 14 February 2023 - 01:10 PM.


#2 MDurkin

MDurkin

    Member

  • Traders-Talk User
  • 638 posts

Posted 14 February 2023 - 02:49 PM

I am fascinated, but no expert on Magic T's. (See https://ttheorygroup.science.blog/ for more information)

One follower of Terry Laundry's Magic T found that using a simple MACD of the NYUD yielded a similar result as Terry's more complicated method.

I, favoring simple... began watching it.

Note that the Theory was originally based on Terry's work in radar wave "echo" reflections.

Terry postulated that markets often behave in a similar manner.

 

WARNING: Do not try this at home without adult supervision!

T-Theory.jpg

Yeah Norm is the best interpreter of Terry's work.   https://ttheorygroup.science.blog/ 



#3 bunker

bunker

    Member

  • Traders-Talk User
  • 29 posts

Posted 18 February 2023 - 12:05 PM

Right now I'm looking for the center point of a new T to occur within the next week or so.

 

Attached Thumbnails

  • feb18.jpg


#4 Rogerdodger

Rogerdodger

    Member

  • TT Member*
  • 26,863 posts

Posted 18 February 2023 - 12:28 PM

Nice!

I see you are looking for that "Lower Low" which gives a center mark for a new T.

 

The market seems a bit like breathing. You don't start inhaling until you exhale.

Not all breaths are the same, but similar.

At least that's my analogy.

 

As your very detailed chart shows, there can be lots of nuance involved.


Edited by Rogerdodger, 18 February 2023 - 12:30 PM.


#5 K Wave

K Wave

    Member

  • Traders-Talk User
  • 25,937 posts

Posted 19 February 2023 - 10:35 AM

Hartnett out saying 3800 next stop for SPX, after calling for swing high before Valentine's Day, which thus far is still accurate.


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy