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arcon00224
Hey Peter just curious, what town do you live nearby? We lived in the LA area for 10 years until the lockdown BS began, but during that time did a lot of camping, including in the Three Rivers area, Sequoia area etc, is that nearby you?
Peter Eliades
Moderator
arcon00224 said:
Hey Peter just curious, what town do you live nearby? We lived in the LA area for 10 years until the lockdown BS began, but during that time did a lot of camping, including in the Three Rivers area, Sequoia area etc, is that nearby you?
arcon00224 said:
Hey Peter just curious, what town do you live nearby? We lived in the LA area for 10 years until the lockdown BS began, but during that time did a lot of camping, including in the Three Rivers area, Sequoia area etc, is that nearby you?
We live in Squaw Valley, CA, not the resort one, but the one only 20-30 minutes away from Sequoia National Park. It's a great (but sometimes boring :) area...
mikepowell.vietnam107
Thanks Peter, love your commentary’s. Also congratulations to all the cowboys staying the course and riding this bucking bull! It sucks to be a bear in a bull market and that’s what it is, a bull market. I’d love for you to present a weekly candlestick chart of the NDX with one of your nice parallel channel’s going back to March of 2020. Then add a 50ema to it. It’s been a volatile year and it could be hard for one to stay the course on a daily chart unless you’re a really good day or intraday trader. I think what has happened on this pullback was a fear trade in a manipulated market. Just my humble opinion. Love your work and much respect to you Sir.
jhelbling1657
can your I.T. person add a playback speed control?
Love your work, thanks for sharing it with us
stockninja
Good evening Peter, love your videos and just wanted to give a gentle suggestion to help people like myself who are still trying to learn your software. I was wondering if you could use the same offsets for each video for SPX and NDX as yesterday's video I believe you used weekly charts and today you used daily charts to show projections. (I could be mistaken). In most cases I believe you do but what that did was it showed two different projections. Yesterday it showed lower projections and today's it showed new all time highs. For option traders like myself and who are only subscribed to your daily videos, this could get confusing as I trade daily. Your projections have been right on and I love them but as of lately, it seems as though you've been having more of a bearish feel and depending on heavily on technical analysis. I could be completely wrong and I love technical analysis, but this market seems as though its disregarding technical analysis and trading more with emotion. I therefore like your projections because it takes out emotions and TA. Anyway thank you for what you do and look forward to many more videos. And I'm not too worried as my trades are more long term swing so I'm just playing the waiting game :)
Yadunath
Hi Peter, I have been here before, was out of this service for long and decided to try it back once again. Btw, watched the FSC video and enjoyed the conversation. You do look a bit weary, you surely deserve some good rest. I wish you well.
Back to S & P 500, I suppose this kind of a thing doesn't happen often, right? I am referring to the situation where we have exhausted all targets except maybe for the one 20d cycle that seems close enough and yet like miles apart given the resistance mounted by that upper trend line. This also means that we don't have a downside target yet for any cycle till such time the price crosses below any FLD right? Is that correct to say so. That amounts to saying we have pressed the factory reset button now and everything will start afresh..haha!!
Last updated
thebigbluecheese
Peter can you please address the rationale for switching between using closing price and median price in your cycle analysis?
thebigbluecheese
Anyone interested in joining Chat Room for JUST cycle analysis? If there is enough interest I will set one up.
spencerdavis2000
thanks for the great analysis Peter. hope everything stays great with your health. thanks
arcon00224
Peter Eliades said:
arcon00224 said:
Hey Peter just curious, what town do you live nearby? We lived in the LA area for 10 years until the lockdown BS began, but during that time did a lot of camping, including in the Three Rivers area, Sequoia area etc, is that nearby you?
arcon00224 said:
Hey Peter just curious, what town do you live nearby? We lived in the LA area for 10 years until the lockdown BS began, but during that time did a lot of camping, including in the Three Rivers area, Sequoia area etc, is that nearby you?
We live in Squaw Valley, CA, not the resort one, but the one only 20-30 minutes away from Sequoia National Park. It's a great (but sometimes boring :) area...
Found it, I'm not certain but I think we drove through there once on our way out of Sequoia. Pretty arid and dry and gentle rolling hills relative to what lies just another 45 minutes east of you, if I'm thinking about it correctly!
Jon
thebigbluecheese said:
Anyone interested in joining Chat Room for JUST cycle analysis? If there is enough interest I will set one up.
That would be great!
Yadunath
thebigbluecheese said:
Peter can you please address the rationale for switching between using closing price and median price in your cycle analysis?
Hurst cycles - the way Hurst practised it - was based on the median price of each candle (or bar) and not based on closing price. As thinking people, we always try variations and see how that works, so using closing price is another approach one can try. As Peter explained elsewhere, he cares for what works well, so no harm experimenting.
thebigbluecheese
Yadunath said:
thebigbluecheese said:
Peter can you please address the rationale for switching between using closing price and median price in your cycle analysis?
Hurst cycles - the way Hurst practised it - was based on the median price of each candle (or bar) and not based on closing price. As thinking people, we always try variations and see how that works, so using closing price is another approach one can try. As Peter explained elsewhere, he cares for what works well, so no harm experimenting.
Yadunath, thanks, yes I know how Hurst did it. But I still have the same question...what is the rationale for switching between using closing price and median price. i.e. Why & under what circumstances is Peter compelled to move away from the the core Hurst metric & then in seemingly randomly fashion, readopt it? I am hopeful that the answer is rooted in scientific method.
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Hey Peter just curious, what town do you live nearby? We lived in the LA area for 10 years until the lockdown BS began, but during that time did a lot of camping, including in the Three Rivers area, Sequoia area etc, is that nearby you?
We live in Squaw Valley, CA, not the resort one, but the one only 20-30 minutes away from Sequoia National Park. It's a great (but sometimes boring :) area...
Thanks Peter, love your commentary’s. Also congratulations to all the cowboys staying the course and riding this bucking bull! It sucks to be a bear in a bull market and that’s what it is, a bull market. I’d love for you to present a weekly candlestick chart of the NDX with one of your nice parallel channel’s going back to March of 2020. Then add a 50ema to it. It’s been a volatile year and it could be hard for one to stay the course on a daily chart unless you’re a really good day or intraday trader. I think what has happened on this pullback was a fear trade in a manipulated market. Just my humble opinion. Love your work and much respect to you Sir.
can your I.T. person add a playback speed control? Love your work, thanks for sharing it with us
Good evening Peter, love your videos and just wanted to give a gentle suggestion to help people like myself who are still trying to learn your software. I was wondering if you could use the same offsets for each video for SPX and NDX as yesterday's video I believe you used weekly charts and today you used daily charts to show projections. (I could be mistaken). In most cases I believe you do but what that did was it showed two different projections. Yesterday it showed lower projections and today's it showed new all time highs. For option traders like myself and who are only subscribed to your daily videos, this could get confusing as I trade daily. Your projections have been right on and I love them but as of lately, it seems as though you've been having more of a bearish feel and depending on heavily on technical analysis. I could be completely wrong and I love technical analysis, but this market seems as though its disregarding technical analysis and trading more with emotion. I therefore like your projections because it takes out emotions and TA. Anyway thank you for what you do and look forward to many more videos. And I'm not too worried as my trades are more long term swing so I'm just playing the waiting game :)
Hi Peter, I have been here before, was out of this service for long and decided to try it back once again. Btw, watched the FSC video and enjoyed the conversation. You do look a bit weary, you surely deserve some good rest. I wish you well.
Back to S & P 500, I suppose this kind of a thing doesn't happen often, right? I am referring to the situation where we have exhausted all targets except maybe for the one 20d cycle that seems close enough and yet like miles apart given the resistance mounted by that upper trend line. This also means that we don't have a downside target yet for any cycle till such time the price crosses below any FLD right? Is that correct to say so. That amounts to saying we have pressed the factory reset button now and everything will start afresh..haha!!
Last updated
Peter can you please address the rationale for switching between using closing price and median price in your cycle analysis?
Anyone interested in joining Chat Room for JUST cycle analysis? If there is enough interest I will set one up.
thanks for the great analysis Peter. hope everything stays great with your health. thanks
Found it, I'm not certain but I think we drove through there once on our way out of Sequoia. Pretty arid and dry and gentle rolling hills relative to what lies just another 45 minutes east of you, if I'm thinking about it correctly!
That would be great!
Hurst cycles - the way Hurst practised it - was based on the median price of each candle (or bar) and not based on closing price. As thinking people, we always try variations and see how that works, so using closing price is another approach one can try. As Peter explained elsewhere, he cares for what works well, so no harm experimenting.
Yadunath, thanks, yes I know how Hurst did it. But I still have the same question...what is the rationale for switching between using closing price and median price. i.e. Why & under what circumstances is Peter compelled to move away from the the core Hurst metric & then in seemingly randomly fashion, readopt it? I am hopeful that the answer is rooted in scientific method.
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