There is a recurrent theme lately on the wave59 bulletin board.

New posters appear out of nowhere,they then proceed to fish.If they dont get precisely what they were looking for straight away they then proceed to act like the bull in the china shop throwing their weight around,slapping people in the face with their ego's,use provocative language and show disrespect and arrogance to other members which is totally uncalled for.They then usually disappear like a puff of smoke never to be heard from again!

There are all kinds of traders on this board from total beginners to some that excel and stand head and shoulders above but all interactions are respectful and made with a spirit of learning and growing, both as traders and of kindred spirits.

It is irrelevant if a trader makes 300,700 or 10000 a day,what is obvious is that no amount of money can buy good manners,or maybe my favorite irish saying is more apt.

'You can dress a pig in a suit but he'll never stop grunting'!!

A possible freudian slip.I used the term fish as in 'proceed to fish for information' not as in 'proceed to gfish' although the way thing are going both interpretions could be correct.

Friday I estimated spy close at 110.97, if it was not for that spike down I would have been a lot closer.

Estimate posted before the market opened.  It's not easy to do, takes my about 10 minutes and I'm not

always this close.  For super accuracy you really need the 30/60 minutes of data after the market opens.

I'm still trying to perfect getting around this obstacle on waiting, because I have to post my EOD price

before 9:30am eastern time.

 

I thought an image would help - FYI - NEWBIES - inserting stuff like this only works with Microsoft IE.

The harmonics always do something to price direction, normally I would just look at the peaks, but the

extreme troughs also change things.  I always assume the natal pattern is stronger than the harmonics.

This graph is a good example of that, notice the largest peak changing the direction, then you had the next

peak in the way, it slopped around a little and continued up.

 

I use yahoo/finance date, new york, offset was -80 for this one, gapless unchecked, pretty much defaults.

I did add a week or two into the future.  I find the 5 minutes works the best.

   

 

Just to clarify and recap this thread.

1. Using the natal is not as easy as a normal indicator, it takes a lot of work. I can spend 5% of my day adjusting and tweaking.

2. 95% accurate, is on the turns I do post - it's not every turn, just the ones I am confident in.

3. Basics: I use the yahoo/finance born on date for all stocks, you can find it under historical data and it called start date.

4. I for the most part, still load a few days into the future, no weekends and make sure I see 1-2hrs in view from the previous day.

5. I use all default natal settings, except for the born on date.

6. Pre-market and the first 30/60min do not tell you the right pattern it will follow - you may start seeing it after 30min of normal trading.

7. I use technical indicators 50% of the time or when I'm not confident in the natal.

8. Offsets:  This is the key - if you don't have the right offset it throws all the days in the future off.  I can spend a great deal of time making sure it's correct.

9. Offset, when you are sure of the right offset - leave it for the next day and adjust after you see 30/60min of trade - you may be adjusting several times.

10. Offset, if you can't get it to match, you have it set wrong - it always matches.

11. Skewing, sometimes the price is following the pattern, but the buy/sell pressure is greater than normal and could appear to be not following, but it is.

12. Harmonics - Suggest watching the astro video carefully.  It shows peaks and valleys - the peaks and valley cause something to happen to the price trend.

13. Harmonics - Since you know it affects price, you can use to adjust your natal patterns, since they do move 10-20min normally a day.

14. Harmonics - Assume the natal pattern is stronger than the harmonic peaks and troughs.  I've seen a bump in price only for it to return to the natal pattern.

15. Other stocks - Use another stock to help align the SPY, I use GE, TZA and QID.   Just like indicators, the more the better to verify your offset.

16. Profit - I have survived with this for almost 15 months full time and have no normal job.

17. Simple - NO - it takes work - nothing is perfect, I use it when it's to my advantage.

18. Other indicators, I use only the indicators from using Wave59, the first book for about $40.

19. I am a member of TCnet, because honestly they have a chat room and it's not like Yahoo where they all lie to you pretty much.  There is much sharing on the technical side.

20. SPY EOD forecast:  Still trying to figure trend before the day starts, but in my chat group on TCnet - there are 12-15 veteran traders that compete for the lucky number.  I won Jan, Feb and I'm number one for March. Go figure.

21. I plan to use natal forever the way it's working for me presently.  I'm constantly thinking of new ideas and trying to solve patterns outside the intraday action.

22. LASTLY - use this forum to ask questions.  I'm not on very often, but check probably once a week.

Later Dudes!

 

Sorry, forgot one thing - OFFSETS - I assume the normal offset can range from -120 to 120.

I have seen it get as high as 240 in either direction.

 

My rule of thumb, if I see a stock with a 120 number, I'm going to work on readjusting the

number to a 2-digit.  Most stocks I track only have a 2-digit offset.

 

So, use that as a possible alarm when it moves over 120min in either direction.

 

I still only use New York for all stocks.

 

Later Dudes!

Still perfecting and it's been awhile.  Hope this stuff helps someone.

The reason for this post, with this wacky market I've been spending a great deal of time trying to get the right alignment.  A year ago, did not seem necessary.  So, I've been working a routine that has cut my alignment time (adjust minutes) by way more than half. The idea is to use three confirming alignments, so here's how I do it.

By the way, still like this, but it can be challenging on these huge swing days.

1.  As mentioned earlier in this thread, set to 5min, 1.5 days viewable.
2.  1st Alignment check is right at the open: 9:30am eastern - eye ball this and adjust  as necessary.
3.  2nd Alignment, set the chart to 2pm the previous day and adjust.  At this point if the two are fairly close, you probably are aligned right.
4.  3rd Alignment, more of a double check - When you have your chart aligned to 2pm the previous day (meaning, that's all you can see on the left edge of chart) - do a page right - then check alignment again.

Step #4 - This really helps more with the next day for some reason.

Also as you trade, after you get about 4hrs into the day, do the page right - you would be surprised what you see on an inversion cross or even a pattern.

I've actually noticed that a pattern that looks down at 2pm adjusted, will show up on the page right.

Between these three checks - you should come a lot closer and faster.  You will also notice with this technique you don't get these huge numbers on the minute adjustment.  I'm finding where I normally always added minutes, I'm actually subtracting just as much.  It seems to keep the chart in alignment much easier - and - you have three checks basically to verify it.  If those three checks don't work - you are off on your minutes.

I'm still using the harmonic peaks to help alignment, but you will notice a peak does not necessarily mean the price goes up there, it can be down - might be the cycle - still trying to figure that out.

Another tip, for the most part if you read the natal right - the next day it continues on the same pattern I'd say 90% of the time.  It could be 100%, but I'm still working on that too.

When I start the day, I pretty much leave it at the 2pm on the left - If you see price switching and you can't explain it - slide the chart right or left to see why - almost all the time ( I'm guessing 99%) it is explained by doing this.

I'm be back for another post, as I discover/perfect.  I still use New York for everything, default everything pretty much.
Also keep in mind like I mentioned earlier in this thread 1st 30 to even 90min sometimes, is not reliable.  Almost the same near end of day.  As this market settles down, those times decrease. 


Later Dudes!