Predicting Pivots and price!!!

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pineapples
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Predicting Pivots and price!!!

Postby pineapples » Wed Jul 18, 2007 10:45 pm

Has anyone seen/heard of this site http://eminiforecaster.com?a_aid=a7711a40
They claim to have developed an algorythm to accurately predict market movement and pivot points.
They show previous results.
Does anyone know anything about them? I googled quickly for reviews and found zilch.
The claims make me wary. If they are bandits it may be worth telling traders to steer clear. If not, we're rich beyond our wildest dreams.
Last edited by pineapples on Thu Jul 19, 2007 1:35 pm, edited 2 times in total.

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Patch
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Postby Patch » Wed Jul 18, 2007 11:48 pm

Pineapples

The site looks interesting. If no one has any thing to say to the contrary, why don't you try the two week trial and let us know how it comes out along with screen shots.

Patch
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ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO

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Postby daedalus » Thu Jul 19, 2007 2:43 pm

On their "history" page they show their forecast... looks like a ma unless i'm missing something?

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Postby pineapples » Thu Jul 19, 2007 3:17 pm

Yes it looks like that but is apparently a direct prediction of price.
If those results are to be believed it appears they get the weekly direction right quite a lot.
Well, as the Pound is high at the moment maybe 49 bucks is worth being the guinea pig for.
Or maybe not.

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Postby Andy123 » Mon Aug 06, 2007 10:36 am

Did you have a go at the trial Pineapples ?

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Postby pineapples » Mon Aug 06, 2007 1:06 pm

Decided not too in the end. They emal their results each week and I thought most people could make just as good an educated guess at the price movement.
Just not quite accurate enough for me. Maybe I'm fussy.

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Postby Andy123 » Mon Aug 06, 2007 1:24 pm

Thanks Pineapples for the reply

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Postby dbw451 » Mon Aug 06, 2007 6:44 pm

Hmmm, these forecasts look a lot like Wave59's forecasts based on planetary cycles (look at the Forecaster writeup at the bottom of this Wave59 page):

http://www.wave59.com/astrology.asp

Most traders scoff at the idea of planetary cycles affecting market movement so if eminiforecaster.com is basing their forecasts on astrology, they are wise not to mention exactly what cycles they are using for their calculations. I actually have no idea what eminiforecaster.com is doing for their cycle based forecasts; the forecast pictures on their website just reminded me of Wave59.

I agree with pineapples, these sorts of cycle forecasts are not accurate enough for me to trade.

Regards,

David

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Postby pineapples » Sun Aug 17, 2008 7:14 am

Been meaning to do this for a while...here is my prediction of the following weeks S&P500 price movements. I have put pivot points on there too. I'm going to compare my results with eminiforecaster at the end of the week. (btw I still have not subscribed to their website):
Image

If the image is not too clear, my prediction line starts at 1304 and ends at 1327.
I will post the overlay once the data fills in by the end of the week.

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Postby pitboss » Wed Aug 20, 2008 3:21 am

For those who like to 'predict' the direction of any type of market instrument, I have this beautiful crystal ball for sale :)

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