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@MA_talk
You don't have any credibility at all since you stopped following Armstrong since 2015 as you have said and only in 2016 did ask-socrates site even launch where there are almost 4 years worth of private blog posts and reversals posted and you have not read a single one.
I don't know how you can even speak here to be honest since you have almost zero experience trading reversals and understanding array's, so what right do you have to even give an opinion when all you had prior was public blog posts it was simply impossible to trade on anything before the launch of his website.
regarding the unknown reversal it could of been a what if reversal that was elected which is not ready for prime time yet.
"Thank you for visiting Ask-Socrates.com. We are in the process of updating our site, migrating data, and transitioning to a new infrastructure.
You may experience delays and discrepancies during this time. We appreciate your patience and understanding."
every time you log in to ask-socrates you get this message it clearly is not even complete yet.
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Fake Daily Reversals
I am just looking at a daily premium report a perplexed friend has sent me.
It contains an inconsistency that I would encourage you to watch:
THE SOCRATES PREMIUM DAILY COMMENTARY, THE CASH US$ INDEX AS OF THE CLOSE OF Wed. Jun. 19, 2019: THE CASH US$ INDEX closed today at 97115
...
The last Reversal elected in this market was a Daily Bearish on Tue. Jun. 18, 2019.
The question was: I cannot remember that reversal. Where was it?
That is easy to check. The same report has a daily reversal table. I checked the reversal tables of Mon. Jun. 17, 2019, and Tue. Jun. 18, 2019.
One would expect that the elected reversal would be in the previous report of Mon. Jun. 17, and that it would be missing in the report of Tue. Jun. 18, 2019.
No such thing. In both reports, the reversal tables are identical, so the elected reversal was not one of them, and the closest reversals are far away from the closing price.
This means if you just read the report without checking, it looks really nice in a way that Socrates is electing reversals successfully. Unfortunately, these are previously unpublished fake reversals, and their values are not known, either.
Are they manufactured to make Socrates look good?
lol fake reversal. reversals can be generated and elected on the same day. |
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he does WEC events around turning points/cycles "Yes, I do time the conferences around the cycles. That gives us something to talk about. They are simply points where the human emotions shift." " https://www.armstrongeconomics.com/uncategorized/cycles-turning-points/" May has been a target on the Dow Jones. I have the arrays going back from January this year and May was coming up as a big turning point on the monthly array. Armstrong said on his private blog Tuesday 19 March 2019 "the Feb and May targets were in the Dow - not the S&P 500 and the Nasdaq... The two targets appear to be May and July ideally they should produce opposite events" so it looks like The Dow could hit a high in July which seems to be likely lining up with the high in Gold we see in July as well. On Tuesday the 2nd of April 2019 Armstrong said on his private blog regarding the Dow Jones "The next real directional change will be the week of April 22nd" another incredible call by Armstrong as the market moved down from there. I am not an a big follower on the political side but the Euro and Pound certainty crashed going into May so something must of been happening we also had the European elections at that time. You are not going to get the real key information on the public blog all the good stuff is on the private blog so I recommend you go there if you want to verify what I have quoted above. |
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on pi day, 21 Nov 2018 I have no idea but found this which happened that day which was pretty significant "Here we now have Abu Dhabi filing suit for criminal fraud against Goldman Sachs precisely on the Pi Target of November 21, 2018." https://www.armstrongeconomics.com/world-news/corruption/abu-dhabi-file-suit-against-goldman-sachs-for-criminal-fraud/"We have now passed May and there was no financial, political nor banking crisis in Europe." The crisis is clearly becoming more and more serious at it is only a matter of time. I would not call that post a prediction at all but clearly tensions are escalating you may be just unaware of such events since there is so much censorship in the media of the true crisis we are facing so of course Armstrong looks strange but in time you will understand. "The next major target of the ECM/Socrates was May 2019" May 2019 is not a ECM date so sorry that's completely incorrect. Yes @gumbi, I could predict this: The crisis is clearly becoming more and more serious at it is only a matter of time. I would not call that post a prediction at all but clearly tensions are escalating you may be just unaware of such events since there is
so much censorship in the media of the true crisis we are facing so of course Armstrong looks strange but in time you will understand.And I do not need an AI "machine". Plus, since I - like MA - have not given any firm date on when everything WILL implode, perhaps I can claim on the day it does happen that i "predicted" it? A stopped clock is right twice a day. All empires rise and fall, and you would have to be a complete cretin to not realise, even at the turn of this century, that Western Civilisation had peaked and was from there on declining at an ever increasing pace. The 1MBD scandal totalled $6.5 billion. It is completely insignificant on the world stage, where even in the EU - and to quote your own words about censorship, because this is not reported in the mass media - €1 TRILLION of the yearly EU budget is lost to corruption: https://www.politico.eu/article/corruption-costs-eu-990-billion-year-rand-study-fraud-funding/So once again, MA is left clutching at straws and unfortunately, so are you. There is also no denying MA was talking up May 2019 as a significant "turning point". I can't recall if he spoke about it at the 2018 Orlando WEC, but he wrote about it enough times, as my article link proves. And also with hysterical writing, doing his usual play of building up to a crescendo just before his next WEC. People will believe whatever they want to believe I really don't care you are simply wasting my time. Pi targets are not that significant compared to the high and lows of the ECM. May is a turning point on the array not the ECM are you not aware the Dow started dropping into May. How can you not see that May was not a turning point I mean its right in front of you? If you had any intelligence you could see May was a turning point and a change in trend. https://www.armstrongeconomics.com/armstrongeconomics101/training-tools/the-may-turning-point/its another amazing call by Armstrong and the proof is right there in front of you but of course you will come up with some other bullshit to say otherwise because you blinded by your own belief and utter hatred for Armstrong. |
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on pi day, 21 Nov 2018 I have no idea but found this which happened that day which was pretty significant "Here we now have Abu Dhabi filing suit for criminal fraud against Goldman Sachs precisely on the Pi Target of November 21, 2018." https://www.armstrongeconomics.com/world-news/corruption/abu-dhabi-file-suit-against-goldman-sachs-for-criminal-fraud/"We have now passed May and there was no financial, political nor banking crisis in Europe." The crisis is clearly becoming more and more serious at it is only a matter of time. I would not call that post a prediction at all but clearly tensions are escalating you may be just unaware of such events since there is so much censorship in the media of the true crisis we are facing so of course Armstrong looks strange but in time you will understand. "The next major target of the ECM/Socrates was May 2019" May 2019 is not a ECM date so sorry that's completely incorrect. |
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Martin Armstrong is a Sensationalist
Martin promptly wrote a private blog entry about "Gold & The Pop to 1397" "in a burst of strength on the back of war"
There is nothing actionable in this post. The usual blather ending with "Therefore, the closing for June will be very critical" and Full details are provided on the Pro version
President Donald Trump said Thursday that the Iranian shootdown of an American drone may have not have been intentional, but a "mistake" by someone "stupid."
Shooting down unmanned surveillance drones is hardly a war event these days. Did we have an escalation of war after Turkey recently shot down a manned Russian fighter jet, killing the pilots? No.
Sure, Gold is up as we now, but perhaps as much as a side effect of the USD declining, coinciding with Gold touching resistance, which may just have caught short sellers speculating on a reversal. I am not saying whether Gold will rise or fall. I don't know.
So what is this then? I would say:
Promotion of the Socrates Pro version on the back of a Gold Rally and War Hysteria
As he says: Follow the Money!
If you don't like his services why don't you just piss off and go someplace else. You are the most toxic person I have ever seen on this forum you clearly need someone to blame for all your terrible trades you must of made so instead of hating yourself you conveniently hate Armstrong. You actually think it was a mistake shoot down of an american drone how naive are you to actually believe that, that is Trump simply playing politics and trying to ease tensions. What you have just said above is laughable at best you know nothing of geopolitics and you reasons as to why gold is rallying is pretty delusional. Actually the blog gives pretty black and white answers and its quite scary how you somehow just manage to leave it out key parts in his blog where he states a closing below 1345 will mean that it is not a rally that can be sustained, therefore a closing for June will be critical. You are doing a great disservice to everyone here to basically making Armstrong look like a fraud when it is you who knows nothing and you clearly has a huge bias against him. It really is unfortunate but this model requires some skill and common sense on your part in order to work and you clearly want a model that holds your hand and basically trades for you. |
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...
On Wheat futures The week of May 06 2019 we elected a weekly bearish reversal at 426. we have another weekly bearish at 424.10, 422.3 and 419.10 which was providing support, the market tested but did not elect them, so clearly you did not use the Pro service here since you are only talking about 1 weekly bearish.
There is pure black and white there is zero ambiguity here so the mistake is clearly on your side not the reversal system.
After the fact. In other scenarios with support as you say, with weekly reversals elected but other weekly reversals below as support, you would not have traded them, the market would have rushed through support and you would have missed the opportunity. There are no black and white rules as you say, and that is the problem. No you would not of traded them because you have no idea what you are doing but I certainty would have with a stop loss just below you have almost zero risk in this case. What are you are even talking about the week of the 6th closed at 424 you have all the time in the world. and you should really only buy/sell on a closing basis. You see you just so desperately want this model to be wrong because otherwise you will have to come to the sad conclusion that it is you who has failed and instead of taking responsibility and learning from your mistakes its easier to just blame it on the model. It does not get much more black and white than the reversal system I am actually quite pissed I missed this trade which was very easy to see but you need the confidence to pull the trigger. @DanB1 yes I can and will  Please demo. And please demo on stocks too, since I don't get quotes on futures, well, unless you mean to say that Armstrong's stuffs don't work on stocks. And please don't use Armstrong's most typical argument: you need years to learn and master the models, or that you're not intelligent. People on this forum are software coders, and some have back-tested Armstrong to make claims against Armstrong. If a trading model takes years to learn, that means that it is SUBJECTIVE to the human learning. Anything that is not systematic is TOTAL BS. The fact that you use that argument gives you less credibility, not more. Please demo using the SAME criteria for buy & sell. Don't use ad-hoc methods that are subjective. If a trading method works, then it should work everytime, or at least give you a profit statistically over time. If you use ad-hoc method, it only demonstrate that you are a good trader, NOT that the methodology works. And of course, the trades should be posted in real-time, NOT on volatile penny stocks that go over the place. All your knowledge is getting in the way of you understanding this model you need to become a student of the markets. And intelligence has nothing to do with knowledge your capacity to see is the problem. You see the problem is you never thought for a second that you could be wrong your approach is so unscientific you are functioning from belief not from doubt. MA_Talk you clearly have already concluded you are too far gone to realize your mistake and can your ego really at this point conceive you have been wrong all along after everything you have said and the ugly attacks you have made against the greatest trader of all time Martin Armstrong? I do not trade stocks this model works best on futures in my opinion and its what I have been trading on. |
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The Wheat Trade
There are a few questions to ask here.
1) If that was an obvious trade to make (trading the low and going long), then why did Socrates not emit a bullish reversal. In other words, the Socrates system is stupid.
2) If as claimed, the knowledge required to IGNORE the bad elected weekly bullish reversal is only available in the pro version, then one should not buy ANY version below the pro version because the pro version traders would be trading against you.
Conclusion: Do only buy the pro version, because anything else is rubbish, and keep in mind that it will take years to master the pro version because the system is going to give you wrong signals that only after years of learning you will be able to ignore.
Meanwhile you will be broke from paying the subscription and from the depletion of your trading account.
Also, you will notice that midstream before can reach your goal, the cherished services will no longer be available because such type of business has an expiry date like a rotten tomato.
I'm sure the system did produce a what if bullish reversal from that low but we don't have Access to that just yet since they are still in the process of updating their site, we only launched in 2019. The reversal system simply shows key areas of support and resistance so it's really that simple. If the market penetrates key areas of support and there is a gap then it is likely to move to the next immediate reversal and this applies intraday and on a closing basis. Buying against reversals is for more advanced users and the array needs to be used as well here for timing. I agree only the pro version is of any use the rest doesn’t work that well since you can't see the remaining reversals above and below. Only a long term investor should go there. It seem to me you want to short term trade using the basic service which is not its true purpose. With the Wheat trade the pro service is not giving wrong signals it clearly held support with many weekly bearish reversals below and the month of May did not elect a monthly bearish and May was a turning point with a directional change. The market also held a series of daily reversals which indicated that a bounce was possible. "depleting your trading account "You are telling me you can't afford 150 dollars a month? Clearly you have lost so much money using this system but you have nobody to blame but yourself. |
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...
On Wheat futures The week of May 06 2019 we elected a weekly bearish reversal at 426. we have another weekly bearish at 424.10, 422.3 and 419.10 which was providing support, the market tested but did not elect them, so clearly you did not use the Pro service here since you are only talking about 1 weekly bearish.
There is pure black and white there is zero ambiguity here so the mistake is clearly on your side not the reversal system.
After the fact. In other scenarios with support as you say, with weekly reversals elected but other weekly reversals below as support, you would not have traded them, the market would have rushed through support and you would have missed the opportunity. There are no black and white rules as you say, and that is the problem. No you would not of traded them because you have no idea what you are doing but I certainty would have with a stop loss just below you have almost zero risk in this case. What are you are even talking about the week of the 6th closed at 424 you have all the time in the world. and you should really only buy/sell on a closing basis. You see you just so desperately want this model to be wrong because otherwise you will have to come to the sad conclusion that it is you who has failed and instead of taking responsibility and learning from your mistakes its easier to just blame it on the model. It does not get much more black and white than the reversal system I am actually quite pissed I missed this trade which was very easy to see but you need the confidence to pull the trigger. @DanB1 yes I can and will |
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...
Understanding this model and the reversal system takes years of work and dedication. You are so quick
to conclude that Armstrong is a fraud but you have never really looked deeply into any of it. Socrates was fully unlocked only in early 2019 and It sounds like you have not even tried the pro subscription. How can anyone take you seriously if you are evaluating this model only with a basic subscription you really are a joke.
I saw your incredibly uninformed comment on wheat futures if you had the trader service you would know that MAY was a turning point and there was a MAJOR monthly bearish reversal just below which was not elected the only charlatan here is you.
1) I have used the pro subscription 2) If a monthly bearish is NOT elected while a weekly bearish IS elected, since when does this INVALIDATE the weekly bearish election? This is the after the fact ambiguity everybody will recognize. You are clearly cherry-picking here, and this type of logic is alien to an objective observer. You would lose profit opportunities not trading dozens of weekly bullish reversals if you start trading this way - essentially you would be biting your nails not trading at all. 3) If this was a computer system as claimed, and what you are claiming was a business rule in the system, then the computer system would consider it and emit the correct signal according to this rule. No, I am not buying this cheap type of argument, and not many people here will buy it, either. On Wheat futures The week of May 06 2019 we elected a weekly bearish reversal at 426. we have another weekly bearish at 424.10, 422.3 and 419.10 which was providing support, the market tested but did not elect them, so clearly you did not use the Pro service here since you are only talking about 1 weekly bearish. There is pure black and white there is zero ambiguity here so the mistake is clearly on your side not the reversal system. So can you please stop taking absolute rubbish when you are clearly in the wrong and by all means u can try again with some other trade you failed on. |
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How to help reduce the damage of armstrongeconomics.com and ask-socrates.com ?
I think this blog is a great resource to discuss Martin Armstrong's methods and record the failures.
However I also think that because of the sequential and unstructured nature of this blog, the impact is perhaps negligible. I mean he has his massive web site, numerous interviews on youtube. If you search for him on google, the results are saturated by his own material.
I feel obligated to spread the truth about him as much as possible because it all looks like a fraud to me now.
How can we get out the word about him faster? I am sure that there are some experts out there who would be keen to shut him down. Perhaps someone can update wikipedia at least?
He has a youtube page made earlier this year. I also think perhaps this blog does more than one might expect- it is pretty much the only place his stuff is actively discussed (except perhaps reddit.com/r/aec and even there this blog is mentioned). That is the reason Armstrong made an account as StrikeEagle and likely other multis- it is having an effect. Wikipedia does show him as a scammer too, so there's that. Gumbi, you're picking a particular call he made- if you could answer for the losing calls Armstrong made that others fell victim to when Armstrong did not take responsibility (he never does) then that would be helpful in understanding where you're coming from in terms of methodology. You also said "calls have been exceptional done the years" and pro was not available over the years- this means that a pro level is not required to measure something exceptional by Armstrong in terms of his calls. If it does that well, then please go ahead and post trades live. I, as well as Anon, MA, and others have followed Armstrong for years and have concluded that it does not work. As for me, the only possibility for his model to work is in the Reversal system but only because I have not completed the analysis on it yet. Keep in mind as well that everything else has been shown not to work and Armstrong pulls numbers and excuses out of thin air that were not known to his followers until after they already made a trade and losses in place-but he won't take responsibility for those. I'm talking about 99% of all the calls he has made, well the blog has been out since 2016 so that is what I am referring to. I am not referring to his opinion or anything like that I am speaking of elected reversals on his blog. If you simply go through his blog starting from 2016 and focus on the reversals you will come to the same conclusion. nobody on this forum seems to have gone through all of them and yet that want to call Armstrong a fraud. They simply lack the intelligence so rather than admitting they are the ones that failed they point to the model instead. Bikefront most people on here are absolutely clueless just like in everything else the same is the situation the majority have not got a clue what is even happening in the world such as the majority believe in global warming, the majority believe Trump is bad etc. Truth always exists on the fringe so it should be a good sign that the majority speak out against him that is a indication that there is something there and only a few intelligent people will be able to see it but it takes an open mind. I can post live trades but I have not mastered this model yet so I can and have been wrong in the past but from my own understanding it has been my mistake not the model's. we elected 4 daily bullish on the Dow yesterday so we see a bounce today. I'm not even sure this model will be here for much longer behind the scenes they are trying to destroy everything Armstrong has worked for. |
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SPX breaking new highs today. Wait a second, Marty said no new highs until after January 2020. He been saying that for months now. Oops.
again another misconception and bogus statement. Armstrong has said and I quote that "we do not expect to see new highs on any SUSTAINABLE BASIS until the ECM bottoms come January. |
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How to help reduce the damage of armstrongeconomics.com and ask-socrates.com ?
I think this blog is a great resource to discuss Martin Armstrong's methods and record the failures.
However I also think that because of the sequential and unstructured nature of this blog, the impact is perhaps negligible. I mean he has his massive web site, numerous interviews on youtube. If you search for him on google, the results are saturated by his own material.
I feel obligated to spread the truth about him as much as possible because it all looks like a fraud to me now.
How can we get out the word about him faster? I am sure that there are some experts out there who would be keen to shut him down. Perhaps someone can update wikipedia at least?
This model has helped me tremendously with my trading and the calls have been exceptional done the years, it certainty is not easy and just because you failed you want to destroy it for everyone else. "keen to shut it down" you really are a disgraceful person and probably should be working for the government. It is you who has zero capacity to trade and zero understanding of technical and cyclical analysis and you think your opinion means anything? Understanding this model and the reversal system takes years of work and dedication. You are so quick to conclude that Armstrong is a fraud but you have never really looked deeply into any of it. Socrates was fully unlocked only in early 2019 and It sounds like you have not even tried the pro subscription. How can anyone take you seriously if you are evaluating this model only with a basic subscription you really are a joke. I saw your incredibly uninformed comment on wheat futures if you had the trader service you would know that MAY was a turning point and there was a MAJOR monthly bearish reversal just below which was not elected the only charlatan here is you. |
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Did anyone else see it??! https://www.armstrongeconomics.com/markets-by-sector/interest-rates/trump-v-federal-reserve-why/He's deleted his final paragraph from this blog post..I definitely read it 12 hrs ago and now I can't find it. From memory it said something to the effect that '..I should warn you that the Govt are trying to silence me again, this time once and for all. They can kill me - it does not matter as it will not affect the outcome...' I am definitely worried for him. He should leave the US and move to Asia..! Yes! I saw this and thought it sounded deeply paranoid. Even stranger he has now removed it. What was most odd was the sentence had no context to the other paragraph. Perhaps he accidentally copy and pasted before publishing it? I doubt they are "out to get him" because if that were true, he would have long been made gone. Perhaps as Barclay Lieb explains in his book I recently read, MA has completely lost his mind and as the years roll on and he gets older, his mental health might be worsening. The government is moving into full totalitarianism and you think he is paranoid exposing the deep state in just about every blog post. The problem is Armstrong has attracted too much attention and I believe inviting Nigel Farage may have sparked all of this. Martin needs to leave the USA as soon as possible before they lock him up again under some bullshit conspiracy case. |
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Has anyone successfully upgraded their membership to pro yet?
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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." |
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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. |
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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.
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I understand that but the point is this model can only exist if it remains on the fringe. They deep state tried to kill him in prison, he was in a coma for days and odds are they would of succeeded. the only reason Armstrong's model goes on is because he has been labeled as a fraud by those in power. That's why nobody wants his posts being reported on the news or anywhere else. The government may turn a blind eye now but if his popularity grows and makes headlines its already the beginning of the end since the implications are that government has no power and is at the mercy of cycles/free market and all there promises mean nothing, the emperor has no clothes.
I disagree. Armstrong has specifically addressed this particular issue. That's why he said he let it become public. People have known since ancient times that the government is not able to control things to the end. The government cant control things period, at most they can reduce the volatility during a boom and a bust. the majority certainty do not believe that the cycles dominate and that the free markets/business cycle will always win, man thinks he is in control but that clearly is not the case. |
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I understand that but the point is this model can only exist if it remains on the fringe. They deep state tried to kill him in prison, he was in a coma for days and odds are they would of succeeded. the only reason Armstrong's model goes on is because he has been labeled as a fraud by those in power. That's why nobody wants his posts being reported on the news or anywhere else. The government may turn a blind eye now but if his popularity grows and makes headlines its already the beginning of the end since the implications are that government has no power and is at the mercy of cycles/free market and all there promises mean nothing, the emperor has no clothes.
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