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kernull

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Posts posted by kernull

  1. I asked Ker the same(ish) question a couple of weeks ago. Response here.

     

    I agree that sometimes Ker's forecasts appear to be contradictory when taken at face value. However, I think

    (and Ker can confirm) that all that's happening is Ker is making a prediction based on an event occurring and then later if that situation isn't met, providing a revised forecast. e.g. "if we break 750 we'll see 790 before going lower" ... then 6 hours later "we didn't make it through 750 so we're off to 680 now".

     

    I'd never trade based solely on someone else's predictions and charts - but if I wanted to, I think I would find it hard to based on Ker's charts. I also feel that producing two (or three) different predictions based on looking at daily and weekly (and monthly) charts is interesting but doesn't really provide any tradable info. The complex bit is combining input from *all* the time period charts, as well as fundamentals and external factors to make an informed prediction.

     

    I can't do it. So right now I don't try. :D Ker does seem to have a reasonable rate of success but it's difficult to follow when the call gets cancelled/changed.

     

    well , thats what market does, it goes back and forth, in a straight bull or bear trend we shouldn't break supports so easily, this means, we are going through a correction (corrections behave in disorder), and that is not a good time for long term moves, only for short term. Also, i provide charts for information, not for trading, this would be too much responsability for me and that's not the key.

  2. Ker,

    I would like to see you do that with a log scale.

    IMO linear charts are OK for short periods (because the growth rate line can be approximated to be a straight line), but on longer scales, I think it can be dangerous.

     

    good point Steve! Now it makes sense why my daily chart wants to go sub 660

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