Martin Armstrong Discussion - page 145.

psp777

jr. member

Activity: 81

Merit: 6

Quote from: Gumbi on January 23, 2019, 12:39:57 PM

Quote from: psp777 on January 23, 2019, 11:58:47 AM

Quote from: ?? on ??

Managed to short very near the high as I assumed Armstrong's call was correct in that Friday was the high, with a massive position on short term options. Made more today than I dd yesterday. Madness. Armstrong is a legit genius.

Congrats! Are you interested in a private trading group/ forum? I can't remember who created one earlier.

So content we are paying for you are going to give for free? only paying subscribers should have access to these numbers otherwise why bother paying for the service.

"Ask-Socrates.com, and all of the proprietary information included in its membership service, are the exclusive property of AE Global Solutions, Inc. and protected under all applicable Copyright laws."

No - this would be a place to discuss MAs blog posts and numbers based on a select few that have access to his info.

Gumbi

copper member

Activity: 168

Merit: 0

Quote from: psp777 on January 23, 2019, 11:58:47 AM

Quote from: ?? on ??

Managed to short very near the high as I assumed Armstrong's call was correct in that Friday was the high, with a massive position on short term options. Made more today than I dd yesterday. Madness. Armstrong is a legit genius.

Congrats! Are you interested in a private trading group/ forum? I can't remember who created one earlier.

So content we are paying for you are going to give for free? only paying subscribers should have access to these numbers otherwise why bother paying for the service.

"Ask-Socrates.com, and all of the proprietary information included in its membership service, are the exclusive property of AE Global Solutions, Inc. and protected under all applicable Copyright laws."

psp777

jr. member

Activity: 81

Merit: 6

Quote from: ?? on ??

Managed to short very near the high as I assumed Armstrong's call was correct in that Friday was the high, with a massive position on short term options. Made more today than I dd yesterday. Madness. Armstrong is a legit genius.

Congrats! Are you interested in a private trading group/ forum? I can't remember who created one earlier.

psp777

jr. member

Activity: 81

Merit: 6

We need our own trading forum for those interested. I think a member set one up a while ago.

Fridays high may hold:
https://www.tradingview.com/x/JagyVq7p/

DigiLab

newbie

Activity: 47

Merit: 0

Does someone has the numbers on Gold (support, resistance) from Armstrong's latest Private Blog for Gold (January 17th)? If there is a time array available to share, that would be great as well.

psp777

jr. member

Activity: 81

Merit: 6

Quote from: Gumbi on January 23, 2019, 10:33:29 AM

Quote from: Thekees on January 23, 2019, 03:02:35 AM

Looks like Socrates is finally being rolled out. There are still startup issues it seems, can´t complete the payment but it will probably be fixed soon enough.

Can´t wait to check it out.

I completed the payment for the pro service but now I cant log in at all.

The banner at the top of their site says to expect delays as they roll things out. Give them an email to see what the time frame is.

Looks like their are three levels mentioned:
Basic: $15/ USD? I am currently paying that.

Plus $55USD/ month (Global Market Watch on all Covered Markets (Weekly, Monthly, Quarterly, Yearly) and Select blog posts

Pro $150USD/ month (Global Market Watch on all Covered Markets (Daily, Weekly, Monthly, Quarterly, Yearly) Unlimited blog posts

Hmmm I may have to share a pro membership with someone Wink

psp777

jr. member

Activity: 81

Merit: 6

Quote from: Thekees on January 23, 2019, 03:02:35 AM

Looks like Socrates is finally being rolled out. There are still startup issues it seems, can´t complete the payment but it will probably be fixed soon enough.

Can´t wait to check it out.

Yes, the long awaiting release is still a bit away I figure. When I contacted their help desk they said about 2 months away. That was about a month ago when I made contact. However, I have been told "2 months" for over 3 years on several occasions.

They have updated the Socrates Website. Changes are indeed coming it would appear. Maybe the release of Socrates will align with "the Trade of a lifetime" coming up in US equities with a top in 2032. The above interview that a member posted is worth a listen. Basically said we need to hold 21,600 on a monthly level on the DOW and buy the dip idea.

Gumbi

copper member

Activity: 168

Merit: 0

Quote from: Thekees on January 23, 2019, 03:02:35 AM

Looks like Socrates is finally being rolled out. There are still startup issues it seems, can´t complete the payment but it will probably be fixed soon enough.

Can´t wait to check it out.

I completed the payment for the pro service but now I cant log in at all.

Thekees

jr. member

Activity: 59

Merit: 1

Good Job on the trading guys! Making off like a bandit lol.

I got out of my longs yesterday with trailing stop and now shorted for the low at 21600 level. I was expecting the dow to reach 25000 level but alas.
The EURUSD also did not reach the 1.131 level but as armstrong said Monday should be the low for now.

Thekees

jr. member

Activity: 59

Merit: 1

Looks like Socrates is finally being rolled out. There are still startup issues it seems, can´t complete the payment but it will probably be fixed soon enough.

Can´t wait to check it out.

psp777

jr. member

Activity: 81

Merit: 6

Yes, I agree MA has been very clear lately (on the Private blog) and basically is calling the exact days of short term bottoms and tops. Maybe he heard some of the criticism? Day trading can eat you alive, but his swing trading calls have been bang on. His earlier comments about the "trade of a life time aligning" gives me hope for a nice retirement in 10 years.

So those of you that don't have the arrays. This week was showing as a directional change. I feel we are starting to see that today with the nice push down. Next week is a panic cycle week. This can be an "Outside reversal" or a sharp move in one direction. Based on the DOW charts we are still trending lowering so I believe the panic cycle will be a sharp move down.

The target week as for the arrays is on the week of Feb 11. That is when I plan to deploy some cash to go long based on the 21600 DOW target level. Now we may not actually get there and as MA say the bottom may be in for the year.

We have a panic cycle on March 25 as well. Possibly the push to the upside, but it is early to see which way we are moving.

STT

legendary

Activity: 4004

Merit: 1428

☠ ☠ ☠ メメ

Seems fairly likely we touch the 200 day moving average, regardless of if we are bullish or bearish its normal to recheck a previous trend for strength. Like a magnet is how I think of it now more then resistance etc.
I did actually think the market would mark early December lows as a ceiling to a short term bounce but we went through that on various news, jobs report and speculations of trade agreements with China. Last I heard China will use its trillions in bonds to buy stocks and all kinds of investments, I dont how certain that can be because obviously thats very bullish for every market outside of treasuries

bangkit tri

full member

Activity: 532

Merit: 101

Quote from: ?? on ??

Quote from: footlong24seven on January 22, 2019, 08:47:21 PM

Quote from: ?? on ??

And another spectacular top call by Armstrong and his computer Socrates. Magnificent, really.

I bought calls last Wednesday (24.1k so I knew gap up to try 25k), sold Friday (Marty said the high would be Friday close or Tues open), bought puts @ close Friday. I bagged 100%+ on both trades.

Bike, this is one of those "goosebumps" calls. They say you can't time the market but Socrates and I (and I'm guessing you too) just did it twice!

Thekees - I can't remember the last time he gave actual trading advice, either, except maybe the raw SELL GS @ $159 post he made.

I wonder if Marty is becoming more clear, or if after all these years, I'm finally understanding him and piecing together what he says. Whatever the case, you guys in this board are tremendous help.

Yes, I was extremely leveraged and made off like a bandit today. But again, it isn't the smartest thing to do- it isn't 100% as Armstrong says, and the usual trading trueisms apply. But there are times to be a pig and this was one of them.

For right now, I think the easiest way to go is with longer term puts and ride out the downside, as downtrends in the equity market are often volatile with big rallies. It is still near a top so wouldn't be too bad to get in now, I think, if this strategy is pursued. I'd like to go long in February based on what Armstrong says- until then, I would only scalp longs if at all. I see 2595 as having some decent support for an intraday trade on the long side

more investment now will bring greater opportunities to gain profits later. with relatively low prices, open our opportunities. but not now the market is bearish, so set a good strategy

footlong24seven

newbie

Activity: 17

Merit: 3

Quote from: ?? on ??

Yes, I was extremely leveraged and made off like a bandit today. But again, it isn't the smartest thing to do- it isn't 100% as Armstrong says, and the usual trading trueisms apply. But there are times to be a pig and this was one of them.

For right now, I think the easiest way to go is with longer term puts and ride out the downside, as downtrends in the equity market are often volatile with big rallies. It is still near a top so wouldn't be too bad to get in now, I think, if this strategy is pursued. I'd like to go long in February based on what Armstrong says- until then, I would only scalp longs if at all. I see 2595 as having some decent support for an intraday trade on the long side

My SPY puts expire 2/1 (260 strike). Should definitely have gotten longer term puts because the Theta is starting to eat up and I don't think it's going down as hard as last time. Just like Marty said, the main thrust downward is in the initial window. Best to close the position tomorrow and pocket a nice gain and pray it goes down enough to outweigh the Theta. Worst that can happen is I get a little less than the 120% unrealized I have right now. Even closing at 80% profit is amazing to do if you do it on a semi-reliable basis. I don't trade often - I only pull the trigger when I "feel" it. Watch charts every day and never miss a beat on the patient. Hard to explain, but all the signs have to line up (of course I use TA) before I fire because options are fuck or walk.

Kiwibird

jr. member

Activity: 45

Merit: 2

Fantastic trading commentary from everyone - i learn a lot from you guys!

This is the latest podcast i've heard from MA and Kerry Lutz from 15th Jan 2019;

http://financialsurvivalnetwork.com/2019/01/martin-armstrong-bull-market-in-stocks-has-way-more-to-go-part-1/

http://financialsurvivalnetwork.com/martin-armstrong-part-2/

footlong24seven

newbie

Activity: 17

Merit: 3

Quote from: ?? on ??

And another spectacular top call by Armstrong and his computer Socrates. Magnificent, really.

I bought calls last Wednesday (24.1k so I knew gap up to try 25k), sold Friday (Marty said the high would be Friday close or Tues open), bought puts @ close Friday. I bagged 100%+ on both trades.

Bike, this is one of those "goosebumps" calls. They say you can't time the market but Socrates and I (and I'm guessing you too) just did it twice!

Thekees - I can't remember the last time he gave actual trading advice, either, except maybe the raw SELL GS @ $159 post he made.

I wonder if Marty is becoming more clear, or if after all these years, I'm finally understanding him and piecing together what he says. Whatever the case, you guys in this board are tremendous help.

trc4949

jr. member

Activity: 61

Merit: 1

Quote from: ?? on ??

And another spectacular top call by Armstrong and his computer Socrates. Magnificent, really.

So we are going down into mid February?

Thekees

jr. member

Activity: 59

Merit: 1

Quote from: ?? on ??

Perhaps a spreadsheet with the crash intraday indicator performance could be telling.

Yeah, sounds like a good idea. Would be nice to know how reliable it is. Socrates is down for maintenance but this morning when I checked silver had again closed below the crash level, I just can´t remember where today´s level is. It might have reached the next level already and bounced off it, I will check it later and give an update.

But to answer your question I will follow the crash and breakout levels of EURUSD, GBPUSD and Silver and make a spreadsheet.

Gumbi

copper member

Activity: 168

Merit: 0

The EUR/USD turning point is this week so we should test the weekly bearish today based on what Armstrong said on the private blog with major support at the 11300 area. Looks like we could have quite a significant rally for 2 to 3 weeks from here.

I'm still not sure whether the high on the Dow was on Friday since we didn't quite test the weekly bullish or if it will be tomorrow morning.

psp777

jr. member

Activity: 81

Merit: 6

Regarding silver, that benchmark date was published back in 2016!

Yes, some benchmark dates have been continuation moves but others have marked turning points. Silver continues to sell. Obviously stops should be placed and care should be taken with any trade.

https://www.tradingview.com/x/N5qNkBMI/

Topic: Martin Armstrong Discussion - page 145. (Read 647054 times)