Why don’t you all read the book first then talk shit about it.  It's hilarious you have already conclude the book is worthless without having even read a single page because you desperately want  Armstrong to be a fraud, you would be very disappointed if you found out he was not.

 The problem is you want Armstrong to do the thinking and forecasting for you, you don't want to do it yourself and since the pro version came out this year there is no need for Armstrong to utter another word.  We  elected 5 monthly bullish reversals in 2019 and the first was in January  we have not elected a single monthly bearish reversal this year!!!!  but you want to cling to some post he made when  Socrates is updating every single day/week/month. You thought Armstrong was some prophet that you could just blindly follow and knew every move in advance but that’s not how it works. You cannot foresee what reversals will be elected in the future, once reversals are elected only then do you know the direction. Any forecast by Armstrong has to be confirmed or denied by electing reversals! you should only follow the numbers not Armstrong's opinion.

  Bikefront It was no new highs in 2019 on a SUSTAINABLE BASIS and a high in line with the ECM points to a sharp correction into Jan 2021. You want to say Socrates does not work but how many monthly reversals have you actually traded? And what was your exit strategy? Maybe your strategy was the problem so can you give an example of a trade you made on either the Dow/Nasdaq/S&P 500/gold/silver/Crude oil/EURUSD/GBPUSD using Socrates.  

Nobody has been able to give even a single example of where the reversal system went wrong since its full release in 2019, how is this possible  

https://www.armstrongeconomics.com/uncategorized/right-or-wrong-the-dark-side-of-human-nature/

"NOBODY can possibly be right all the time. This is why I try to emphasize that the numbers are the numbers and that all we can do is watch how everything unfolds... The number define the forecast – NOT my opinion. Most people forecast on what they “think” will happen. I do not play that game. My OPINION is no better than anyone else’s."

@trulycoined everyone here just talks about Armstrong's opinion but nobody seems to follow the reversals. Ultimately the numbers are the only thing worth paying attention too.

@trulycoined

The article has nothing to do with socrates... and you cannot say socrates never predicted the move because you never had access to it.

 I have been tracking Apple and for 2019 Socrates elected two monthly bullish reversal  in January...
https://imgur.com/a/ZmBJras

Let's say there is a turning point on the Dow in this case January and it looks like a high you could sell against the monthly bullish reversal  which is a key PRICE target that needs to be achieved within a specified TIME period. If the market is unable to achieve the price target in time then you would have sold the high.  
As we move into 2020.05 we are facing a major TURNING POINT.
This strategy can also be used in line with the ECM and this is what awarded Armstrong hedge fund manager of the year when he sold $1 billion worth of yen against the Yearly Bullish Reversal at 147 on an MIT (Market If Touched)
https://www.armstrongeconomics.com/armstrongeconomics101/basic-concepts/trading-reversals-in-reverse/
https://www.armstrongeconomics.com/about/1113-2/track-record-hedge-fund-manager-of-the-year/
https://www.armstrongeconomics.com/armstrongeconomics101/training-tools/trading-against-the-reversals/
https://www.armstrongeconomics.com/armstrongeconomics101/basic-concepts/time-price-2/

"Price targets become more important when the current trading activity reaches such a level in conjunction with the TIME targets."
https://www.armstrongeconomics.com/armstrongeconomics101/basic-concepts/why-are-we-all-so-confused/
https://www.armstrongeconomics.com/uncategorized/so-when-will-we-know/
https://www.armstrongeconomics.com/uncategorized/what-kind-of-trader-is-trading/

For the record
The most recent call by Armstrong on his private blog is if we exceed the November high this month we can rally into the ECM(18 January) price target on the Dow is 30 000. IF we see a high in January in line with the ECM, Armstrong calls for a drop going into the 1st quarter 2021.


AnonymousCoder
"Getting to the bottom of Martin Armstrong’s criminal case is about as difficult as proving, once and for all, that the Fibonacci sequence is God. It can be especially hard to achieve certainty in a complex white-collar case. Prosecutors can be financially unsophisticated, and defendants may lie and obfuscate. Imagine a masked man accused of robbing a bank who maintains, all along, that he was merely cashing a check."
https://www.newyorker.com/magazine/2009/10/12/the-secret-cycle?verso=true

Posted Oct 14, 2014 by Martin Armstrong
" In theory, if the market were to invert all the way into a low for 2015.75 next year, then we would be looking at a full blown cycle inversion with stocks moving up with the drop in the ECM. This would be a tremendous rally, but it would come at the cost of a real serious collapse in the confidence of government. This may be what we are facing. Instead of a Phase Transition that doubles the Dow Jones from the 2009 low of 6,440 (12,000), which we have already achieved, we are looking at a rally into 2017-2018 with the Dow reaching the 25,000-28,000 level. "
https://www.armstrongeconomics.com/uncategorized/so-when-will-we-know/

This is exactly what happened in 2015.75 the next Major Turning point on the ECM we crashed going into it which indicated a  full blown cycle inversion with stocks moving up with the drop in the ECM(2020.05) So it looks like a high in 2020.05 and a sharp drop thereafter.  I believe trading in line with the ECM(TIME) and the reversals(PRICE) will yield the best results as it is a much stronger cycle and due to the difficulty reading the array and having it change so much.

"Day Trading is a full-time job and many people produce more in fees than they earn. The real TRADING is simply moving with the overall trend. You would be long primarily from a strategic position that may be held for months or years…The point is if you LEARN how the business cycle moves, you will be successful.  "
https://www.armstrongeconomics.com/uncategorized/what-kind-of-trader-is-trading/

dibley8899 I do not know about the EURCHF trade but if it does not include reversals and is just Armstrong being bullish/bearish then it is meaningless. You simply cannot trade without reversals and how can you know the computer missed unless you had the reversals? The pro version of socrates gives all the reversals and array's only since 2019 why don't we have trade examples from then because prior to the release you needed Armstrong to continuously update you on the next level of reversals that had been generated and elected based on market price movement.

The most recent call by Armstrong on his private blog is if we exceed the November high this month we can rally into the ECM(18 January) price target on the Dow is 30 000. IF we see a high in January in line with the ECM, Armstrong calls for a drop going into the 1st quarter 2021.


AnonymousCoder continues to promote his own agenda regarding Armstrong and links to his website every post. He simply responds to every post with the same message to distort google analytics, this guy is a disgrace. This is why I will not continue to post. He desperately wants to silence anyone who thinks differently. I guess if you repeat a lie long enough it becomes the truth...

He actually links to Wikipedia as if that is a reliable source and then says the stupidest thing you could say, Armstrong spent 11 years in jail for a reason, when the federal conviction rate exceeds 98% and he spent 7 years in contempt before pleading guilty, what kind of criminal spends 7 years in prison before pleading guilty and does that really sound like a choice to you?


If you have a question then send a private message as you can see AnonymousCoder has completely lost it as Alex has previously pointed out. I must of hit a nerve  

AnonymousCoder

It was a tough one to publicly go long because we elected a quarterly bearish and a minor quarterly bullish at the same time.

There have been many calls made by Armstrong and I mean calls that included reversals with the help of the array because the only correct way to use this model is the merger of PRICE  and TIME yet you want to focus on this specific trade and never move from it…

Armstrong has been posting for decades why don't you do some research on other trades made by Armstrong(must include reversals) and get back to me? The public blog will do just fine.

AnonymousCoder

Armstrong wrote on his private blog on the first of March our quarterly level of the model generated a bullish reversal at the end of the year reversing its short position and going long. This also signaled that gold would rally from the $1060 area and should test the next bullish reversal at the $1347 level."



Key word is "signaled" it did not confirm the move, It could only be confirmed by electing weekly reversals/ which were given on January the 29th

@MTL4

 We were updated on January 29 2016 on the gold bounce. We were also given on his public blog on July 23rd 2015,  4 weekly bearish reversals and the lowest at 1026 which needed to be elected  before implying a break of $1000. This has been completely ignored by everyone who must of gone short at the end of 2015. The GMW even called for temp lows at the end of December.

https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-the-bounce-3/
https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-it-aint-over-until-the-fat-lady-sings/


 I personally do not think Armstrong could of publicly gone long at the end of 2015 based off of one minor quarterly bullish which also can take 1 to 3 quarters before the expected move takes place.


This wasn't just one trade, this went on for most of 2016 and into 2017.

Look at the price movement of gold in 2016 he said in early 2016 that this rally was not a true breakout and he was only wrong about gold not making a new low in 2016. He also said gold will only lift off in 2017 on his private blog. I posted all this previously with his comments on gold through that time period…

But why not talk about other calls on gold made by Armstrong why just focus on one? Even this year he made many great calls on Gold on his private blog.  I mean its almost 2020 and you are talking about a gold play in 2015… what is going on here.

 From 2016 going into late 2018 the private blog was the only place where you would get the array and reversals together with the gaps to the next, this is the only way to actually trade effectively. Even just trading on the election of reversals can work but you can never trade on the sentiment of a public blog and whether Armstrong is bullish or bearish that is a sure way to lose.


The way to use the model is the merger of Reversals and TIME(array)

There is nobody left to blame but yourself now that Socrates has been fully released with all the reversals and arrays. Armstrong barely posts anymore on his private blog because there is no real need. I'm pretty sure you were not on Princeton economics website which actually had the GMW from daily to monthly in 2015 for free. The GMW was like pure gold at that time since we didn't have much to work with then.

the only thing you are referring to is his public blog and he can only go so far and reveal so much there.

Do yourself a favor and read the private blog posts starting from 2016 going into at least 2017/2018 and all will be revealed regarding the metals and the indices. Have a look and see what reversals were given and see for yourself whether they worked or not. Its right there a record of everything Armstrong posted on his private blog. You will have to discover the truth on your own I cannot do it for you...


 And of course AnonymousCoder has never gone through the private blog and is still stuck on the gold play that ended in early 2016 for him, that is a real sad state of affairs  how many calls Armstrong has made after the fact on his private blog and he is hung up on one trade from the hundreds of trades given on his private blog he clings to one as proof of his assertion.

  I cannot continue to post because this forum has been taken over by the  mob that is AnonymousCoder and he is doing everything in his power to silence me, it clearly has become personal.


 Private Blogs: I have all private blogs and these do NOT contain anything contradicting our message. You did have the chance to quote any relevant private blog messages but you failed to do so.

update* you almost sound upset to see me go AnonymousCoder   You never wanted to talk about anything other than the gold report in 2015 and early 2016 March that is the time period and the blog posts you were fixated on and there was no way to move ahead to other trades. And you have not read a single private blog post from 2017 going into 2019 because you have been fixated on one trade where the only conclusion is to believe Armstrong lied or failed to let clients know in time. I am done with trying to explain anything to you I do not care what you believe or have to say about Armstrong or Socrates, who are you at the end of the day? just a disgruntled owner of the 2015 gold report who lost out on one trade, ultimately your opinion means nothing.  

Good luck guys hope you find success with your trading with or without Socrates.

Its not my job to explain or prove anything to you, I personally couldn’t care less what you think about Socrates or Armstrong I am done posting because AnonymousCoder will not allow me to without spamming as you have already seen, this forum has been taken over by the mob that is AnonymousCoder.

It's your lose not mine. I have nothing to gain by convincing you of anything.

unwashed
"You are calling those numbers reversals is revealing."

I never called those numbers reversals I clearly said there is commentary on the reversals!!!

Its a summary analysis if you want the specific reversal levels then you need to purchase the detailed analysis...


@AnonymousCoder
 In case you have not realized you don't really have an audience.  Your last resort is to just try and shut me up because your argument cannot stand on its own. Clearly you won't allow me to continue posting without spamming me so I guess censorship and out right attacking me is the only way you can succeed at this point.

You and others have already come to a conclusion so there is no use in discussing further so don't worry AnonymousCoder i wont be posting anymore. You are desperately trying to control the narrative and wont allow other people to voice their views because you are a fanatic believer and a fascist thinking you are the only one who's opinion matters and anybody who disagrees with you is part of the scam. You truly have created a great conspiracy theory.

Gold Report 2016 Part 1
"At the same time, that low generated a minor Quarterly Bullish Reversal at 993."

AnonymousCoder
"When he writes At the same time, he is not telling the truth."



Your so called proof that Armstrong is a fraud rests entirely on the belief that Armstrong is lying about a quarterly bullish reversal not being generated and elected.  

Never said anything about energy but commentary on reversals are included in the summary analysis and turning points(array)

"we have not elected any bullish reversals from the last low established during the third quarter 2019. "
https://imgur.com/a/GrhGH6D

that commentary( which you so vividly claim we shouldn't go by) constitutes sell signals with no point of reference or when they so called were generated

"the last reversal to be elected on the weekly level was a bullish the week of November the 18th"
https://imgur.com/aLhZoy0

There is the proof that it does in fact tell you when the last bullish/bearish reversal was elected and it is updated every single day. it is  a summary analysis your complaint is you don't get all the reversals which of course is the case you need to pay for the detailed analysis for all those levels.


its called SUMMARY ANALYSIS for a reason

Armstrong wrote on his private blog on the first of March 2016 our quarterly level of the model generated a bullish reversal at the end of the year reversing its short position and going long. This also signaled that gold would rally from the $1060 area and should test the next bullish reversal at the $1347 level."

2015 gold report
"Additionally, we have a Quarterly Bearish Reversal at 1112. Therefore, a yearend
closing below this level should also warn of a drop becomes possible at
least to test the 875 to 904 former high of 1980".

Publish date: March 1, 2016(gold report)
"Another anomaly was that at the end of 2015, we elected the Quarterly Bearish
Reversal at 1112 closing at 1060.20. At the same time, that low generated a
minor Quarterly Bullish Reversal at 993. So we generated a long-term sell signal,
but a short-term buy signal".

So on the quarterly level the model reversed its short position and went long by electing a minor quarterly bullish at 993. That quarterly buy signal can never be given in advance! it is generated and in this case elected from the low made that quarter.


I can agree that it appears Armstrong failed to provide this key minor quarterly bullish reversal which implied a bounce in the short term.

So all you are left to cling to is that either Armstrong failed to provide this key minor quarterly bullish reversal at 993 or he simply made it up... if that is enough for you to conclude he is a fraud then so be it.  

AnonymousCoder
"AGAINST HIS CLIENTS BECAUSE HE PUBLISHED THIS SIGNAL ONLY THREE MONTHS LATER."

This is nonsense we were updated on the 29 of January 2016
https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-the-bounce-3/
"We need to see a weekly closing above the 1143 level to raise any hope of a temporary low. Without that, we have a turning point in February that can be a high moving into the next benchmark target. A closing for January below the 1103 level will warn that there is inherent weakness still lingering within this market. Next month, watch the 1097 level for that is key support. Break that, and we are looking into a low into the second benchmark."

AnonymousCoder"Quarterly reversal time unit is one quarter. You need to try and stop lying so much and making things up as you go along and yes keep quoting how you think a quarterly reversal time span is one quarter when its
Actually 1 to 3 quarters…

Gold Report 2016 Part 1 Targeting the Reaction High and Final Low
Publish date: March 1, 2016

Another anomaly was that at the end of 2015, we elected the Quarterly Bearish
Reversal at 1112 closing at 1060.20. At the same time, that low generated a
minor Quarterly Bullish Reversal at 993.

 I Find it hilarious when you said "When he writes At the same time, he is not telling the truth."

How do you know he is not telling the truth?

AnonymousCoder
"Gold elected the Quarterly Bearish Reversal, which is a sell signal."

We elected a quarterly bearish and a minor quarterly bullish so no sorry it was not a sell signal.
Gold also closed at 2015 year end at 1060 just missing its yearly bearish reversal sell signal at 1044.5

We received two conflicting signals electing a bullish and a bearish simultaneously so It would of taken the electing of more bullish or bearish reversals to PROVE THE DIRECTION that the market was moving at least in the short term. This is precisely why Armstrong could not give a call at that time. You are asking/expecting Armstrong to know and predict every single move in the market which is an absurd request. You say he lied but again you are back to square one because this claim is empty you have no proof. I guess we all just have to believe you…  

No yearly sell signal was elected at the end of 2015. I never said anything like what you have just described.

If we elect a Major daily/weekly/monthly bullish/bearish reversal on the Dow and there is a gap I will let you know and I will show this model works without a doubt. Remember I am simply a user of socrates that has found success.

Gold Update
Posted Dec 25, 2015 by Martin Armstrong
https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-the-update/

"Gold for year-end has a number of 1044.50 if we close BELOW this next Wednesday on December 31. If we close ABOVE this number, it will not provide a buy signal nor will it avoid a sell signal.


So Armstrong is a fraud because Gold didn't go lower into the next benchmark right is that your ultimate conclusion? is that all the evidence you have against him? and here you are clinging to it as if it proves anything, quite sad I must say. You are like a fundamentalist Christian your belief is utterly blind and there is simply no getting through to you. if you are happy in believing Armstrong is a fraud based on one event and ignoring everything else then that is your business. it simply shows a extremely narrow myopic minded person. I suggest you stick to coding this trading game is not for you.


 This system is beyond your comprehension and for a simpleton like you yes it wont make sense you need to have some level of intelligence which you are clearly lacking and have reduced this forum into a childish game, you should be ashamed of yourself and this blog does not even come close to representing the user base of ask-Socrates or armstrongeconomics and if you think it does you are delusional.

You have nothing to say against the reversal system and every reversal provided by Armstrong gave a correct buy/sell signal and he posted a lot of them, you would think this would be almost impossible if he was a fraud to be so accurate, how do you reconcile such accuracy. His track record is there for everyone to see in this case gold starting from 2012 (https://www.armstrongeconomics.com/category/markets-by-sector/precious-metals/gold/) .  You need to take a step back and realize you only trade on the numbers and the benchmarks cannot be traded in isolation.


I wont be able to see your posts anymore you have been ignored.

@Traxo You were not updated as soon as January 2016 on his public blog. Impossible, or contradicting at least: 

You only trade on the reversals that really needs to sink in at some point. Armstrong sure did update us in January 2016 and the proof is in the pudding.

Gold: The Bounce
Posted Jan 29, 2016 by Martin Armstrong
https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-the-bounce-3/
https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-just-follow-the-numbers/

We were updated and provided with reversals which is black and white trading. he was not bullish in 2016 because there was till inherent weakness and he was right we dropped going into the 4th quarter 2016. he then stated lift off is not until 2017, that is when you can say Armstrong became bullish which he posted on On March the 30th 2016 on the private blog.

AnonymousCoder"IF HE KNEW, AND LET'S ASSUME WHAT YOU SAY IS TRUE THEN HE WOULD HAVE BEEN TRADING AGAINST HIS CLIENTS BECAUSE HE PUBLISHED THIS SIGNAL ONLY THREE MONTHS LATER."

This is incorrect  we were updated as soon as January 2016 on his public blog. Also notice  on the 25 December, for the year end closing of 2015 Armstrong specifically states that a closing above the yearly bearish reversal is not a buy or sell signal. So anybody who went short in early 2016 was simply not paying attention.


Gold Update
Posted Dec 25, 2015 by Martin Armstrong
https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-the-update/

"Gold for year-end has a number of 1044.50 if we close BELOW this next Wednesday on December 31. If we close ABOVE this number, it will not provide a buy signal nor will it avoid a sell signal."


Gold: The Bounce
Posted Jan 29, 2016 by Martin Armstrong
https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-the-bounce-3/

"we have a turning point in February that can be a high moving into the next benchmark target. A closing for January below the 1103 level will warn that there is inherent weakness still lingering within this market. Next month, watch the 1097 level for that is key support. Break that, and we are looking into a low into the second benchmark."


Gold on Track for the Mid-Benchmark Rally
Posted Feb 3, 2016 by Martin Armstrong
https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-on-track-for-the-mid-benchmark-rally/

"Gold is slowly and begrudgingly moving to test the key resistance. We need a weekly closing ABOVE 1143 to push higher."

Gold: Here We Go Again?
Posted Feb 11, 2016 by Martin Armstrong
https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-here-we-go-again/
https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-just-follow-the-numbers/

"When it closed ABOVE our year-end number of 1044, I stated it was not as weak as it appeared. It then started to elect ONLY the Bullish Reversals, not Bearish. "
"Just follow the numbers. They cut through all opinions."

Gold Update: February 16, 2016 by Martin Armstrong
https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-update-february-16th-2016/

"Gold fell back to 1191 and then rallied back to the 1216 area. Gold appears to be setting up to extend the counter-trend reaction into the first week of March."

hahahaha he cannot respond to the irrefutable evidence provided

https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-it-aint-over-until-the-fat-lady-sings/
https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-in-the-wake-of-paris/