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John elmond

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Posts posted by John elmond

  1. Here’s a More Reliable ā€œRecession Indicatorā€ Versus an Inverted Yield Curve Yet, here's a "recession indicator" which is more reliable than yield inversions.

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    This was just a big commercial for Elliot wave ( goodbye to your money) . It tells you to watch the stock market for clues instead of the yield curve and naturally the elliot wave newsletter will help you do that - for a fee of course . Well , go here to see Mark Hulberts results of " The Elliott Wave Financial Forecast". They had the second to worst Drawdown on sell signals out of 74 different publications....yikes...save your time and your money. http://hulbertratings.com/stock-market-timing-study/ this kind of shameless promotion shouldn't be allowed here. Go to his "honor roll" section if you are looking at possible newsletters

  2. ugh....sorry to be so negative but if I had a dollar for every alternate wave count he or his services have given out over the years I'd be a gazzillionaire.....but it's your time to waste not mine.....you know what they say about the broken watch being right twice a day ! you can start here https://www.avaresearch.com/articles/media-deception/the-embarrassing-track-record-of-robert-prechter-part-1 then go here https://www.cbsnews.com/news/who-are-the-most-least-accurate-stock-gurus/ the list could go on and on....
  3. it's all basic volume and market profile.......let me share this with you though. If this ex floor trader/ market maker is making so much money then how come he trades only one micro contract when he does put on a trade? Why would he sit in a room for hours if he could make so much money trading? Be careful of twitter in general.......doublewidecap would be a better choice if you really felt the need to follow somebody....they are all variations of what FT71 ( Futurestrader71 - Morad ) made popular from big mikes site....or else you could try convergent trading ....there are better choices. I deleted the basic pdf's that vwaptrader gave out........he doesn't even use vwap.....it's true
  4. I'd stay away. He claims to be an ex market maker etc but I sat in on an entire month and it was real garbage. Save your energy. I don't mean to be negative but a real low class of people run that setup but if you like hearing people brag ( I guess to them it's cool) about how much pot they smoked on their boat or how much they partied the day before then it might be a perfect match. Sorry, but it wasn't worth recording. You can get much better order flow and market profile material from the site you are reading this on.

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