+1

Now i just watched it for myself, the little numbers are indeed double Reversals, maybe the markets are getting crazy and this was an old statement. ?

Yes, but......
QUOTE
Double Reversals materialize a few times during the course of one year on a daily level, on a weekly level they may only develop once every two or three years. As for the Triple Reversal, we saw this live only once in the US Treasury Bond futures in 1989. Otherwise, this Triple Reversal has not been generated in any US market on any level since 1929!
https://www.armstrongeconomics.com/the-princeton-models-and-methodologies-a-users-guide/system/


if you actual look at the
Dow                               1x Double Weekly,   1x Double Monthly.
EURUSD 2x Double Daily, 2x Double Weekly,   1x Double Monthly
Gold                               1x Double Weekly,    1x Tripple Monthly

this seems to be very often.....double weekly = every 2-3 years, tripple only once happend.....are you sure?

@ Strike Eagle 26
Buying against the Reversals has worked out last Year on a Weekly basis. And I didn’t do it only on the Third Reversal. My observation was that: when the Price moves quick to the Reversal it will bounce off. When the Price comes slowly near the chance of electing is greater. This is just my theory and needs further proof.
MA also wrote that the speed of the move is important. Has anyone experience to share?

And thanks for the Links, read them all. And missed some of them…...

Another thing that 100% works, as far as I can tell (data for 1 Year), is the 1% Rule. In the new Version it is now the 1,5% Rule, but I have seen this worked out too with 0,98%.
I can rembember the first time a Weekly Bull was elected and the Price was going down. Then I realized the Monthly Bullish was 1% away and of course it tested the Monthly Bullish again in 2 Weeks.

This is the explanation....

This is a reveral of significance because the number was generated 3 times from different price action events. Reverals which appear more than once are significant as they signal important price barriers that when breached indicate a change of trend is in place.

This is f.e. on the Monthly Level of Gold….The double/ tripple  Reversals are to rare….

@ etoimene

Some Reversal "Prices" appear again. F.e. a Weekly Bullish at 1200 is elected, than the price fell down the next week and than socrates can use the same Reversal at 1200. (because no major High has breached) It shows with a little number on it on the dashboard....the number counts how often the reversal is elected...i wonder if there is more to it...

@Thekees - i hope to learn too.

About the Arrays I have printouts since Feb19 and found that the Text often mention a Strong Turning Point and a Key Turning Point. The Key TP is the one to look at imo.
And the Opening Numbers work too but the Reuters Site don’t show me the realtime price, so cannot be valid for Daily Trades. Or is there another place to look?

@ Strike Eagle 26

[/quote]
if you going to enter the market you could buy or sell against a reversal if tested
[/quote]

My old Strategy was to buy against the Weekly Reversals. I used to open a trade if the Price came near the Reversal from Monday till Wendsday. There was a greater chance of bouncing off than at the end of the week.

I found a Blog Entry from MA, and I looks like he is doing a so called straddle. Opening both orders at the Reversal.

QUOTE
A September high for the euro is still possible since July is a Directional Change. We could see the initial sharp drop creating the low from which new Weekly Bullish Reversals will be generated. We then watch to see if they are exceeded and if so we can still end up with a September high and then the crash.
I simply step in and step out. Sell against the 115 reversal and we know where you are right and wrong. Let the market decide and if exceeded then look for the 120. If not, you sold the high at 115.

https://www.armstrongeconomics.com/armstrongeconomics101/basic-concepts/playing-the-reversals/

Heres another Bolg Entry….

QUOTE
Reversals can be used in two ways. First, as shown above, you can add with each reversal until the trend changes. This illustrates JUST the reversals and only on a one-time level. You can build a position using the broader ones and then exit using the Daily or Weekly.
On the other hand, you can use reversals in the opposite manner for the initial entry.
https://www.armstrongeconomics.com/uncategorized/using-reversals/

I guess this is like the hypothetical Long, Short Position what Socrates writes. But Socrates does often open a position after one Reversal in between. Or does it only open another Position on major Reversals? Also, if I got this right, opening a long position on a Monthly Reversal and then close it when the first Weekly Bearish is elected…???
Never though about that.

[/quote]
So let's say we elect  3 weekly bearish reversals going into May but hold the 4th on the day / week or month of a turning point you could simply buy against the 4th bearish reversal since time is up.
[/quote]

Maybe its a good idea to buy the second Reversal and sell the Third. On the Weekly scale this takes too much time. I always had problems to know where to start, and if I look at the Reversal data, I collected, there is often just one Reversal from the other site. So I could start at the second. This is very useful and I will try it. Thanks.

[/quote]
if/when that 4th reversal is elected this market will begin to explode to the upside once again and hit new highs.
[/quote]

MMhhhhh, I first thought that too. But the Dow is Bullish right now. And the shift in Trend would be the Bear Trap imo. Could that be?

[/quote]
as you move closer to the date the more accurate the array will be such as the Dow monthly array was previously saying June was the turning point and now it is May.  you may need to take a screenshot of the daily array every so often and the weekly/monthly so you can easily see the turning points before they change since the height of the bars are relative.
[/quote]

Should I ignore the Text completely and focus on the Bars?

Has anyone find some more bugs to avoid? I recogized that some of the latest elected Reversals in the Reversal Tap disappeared from end of March to April 1st…..In Gold, Dow and EURUSD.
Could be a Bug?
Another thing is the difference between the Summery Analysis Weekly Reversal and the Premium Weekly Reversal, for example in Gold 3rd April 19..... Summery: Weekly Reversal is 1301.4 but on the Premium the first Bullish Reversal starts at 1325.9 and 1301.4 wasn’t  on the Table.

Also, has anyone observed a difference in electing major and minor Reversals? F.e. is the major Reversal more „magnetic“?
Is the multiple election of a Reversal (two times or more) something important?

Thank God, I finally found someone with a lot of background….
I usually trade the Dow, EUR-USD and Gold on Weekly basis. But I used the Advanced buy against the Reversals Strategy. And I made some Money and then lost it again….
So I decided to research more and change the strategy.

If I understand you correctly.
You are trade on the Daily level, and as soon as a reversal is elected you open a position and not trade if a cluster is appearing…Do you look at the arrays for the Entry as well? Are you only trading in trend direction?
The Problem on the Daily basis is the arrays are telling me 80% of the time, today (whatever day it is) is the Turning Point.

Could you just tell me exactly how you follow the Reversals. For Example in the Dow we had a Weekly Bearish on march 8th. But the price moved up. The Daily Arrays refer to the 13th. As Turning point, but at this time you would have lost the Money. On the Daily we elected 3 Daily Bearish march 22th and the price never came back to the 25.518. Afterwards we elected the next Daily Bearish on march 26th and then came the move up….

So you have to do more than simply buy when a Bullish Reversal is elected and sell when a bearish reversal is elected…..But what?
I really don’t see how I can play the reversals right….


Also i am not sure about a statment from MA about the Dow(13th March): there is no rush to jump in, until we take out the fourth reversal….But 4 Reversals mean a move to the other direction. So what he wants to tell us?

Hey folks, I registered here because I follow MA for years now and being a user of socrates. I read the Manuel several times and still had problems with my stagey. Its way too complex.

Here is what I have understand so far, hope you could share some knowledge to become better….MA often stated that it is a matter of price and time together.

Entry Point

1. You first look at the GMW (Global Market Watch) for a right pattern. Yellow or Light Blue.
2. You look at the Reversals and they need to elected to confirm the GMW.
3. Read the Analysis to confirm your suggestion of the move.
4. Make your own Chart Analysis. Fibo and staff.
5. Then you look at the Arrays (Pro Membership) for the Right Timing. Top down from Monthly to even Daily (but Daily is really not that precise)
There should be a Cycle Low or Cycle High around the date.
6. If the Reversal is elected (only Weekly or Monthly imo) you open a position and the stop loss has to be the Reversal on the other site. (For a Bull Move the stop loss is the Weekly Bearish f.e.)

Exit Point
1. Look at the Reversals (we have already elected one for the entry so we look at the Second and Third) Often the Market will elect 3 Reversals in a row and then test the other site. Electing 4 Reversals tend to a change in the Trend.
2. Look at the Array to search for a Exit point.



Also there are lot of special things to look at….

Reversals
1. Electing 4 Reversals will alter the Trend (only Monthly and Weekly)
2. The Price will rather move to Double Reversals or clusters (can see it in the Pro Membership) They signal a abrupt price change
3. Reversals working best under extreme Volatility
4. How Quick they elected will signal the degree of the move
5. The 1% rule (electing a reversal more than 1% away, will mostly tend to test the reversal again)
6. There are Minor and Major Reversals (Major = from Major Highs, Lows)

Arrays
1. The best Turning Points are NOT only the highest Bars. The best Turning point is the highest Bar with a Directional Change, Panic Cycle or Cycle Low, High around that date.
2. Don’t use Arrays on the Daily scale.
3. A Cycle Low or High does not mean a high or Low in Price
4. Panic Cycle and Directional Changes could mean Up and Down. You have to look at the Reversals and Resistance levels to know best.
5. Cycle Inversions are Turning Points where the Price is keep moving in the same direction. They are normal in a vertical market and they unfold routinely when trends are shifting.

GMW
1. The GMW is simply a pattern recognition system to see where a potential Trade could emerge.

Energy
1. MA often refers to the Energy, if that Model is peaking without a new High in Price, it is an indicator that the High is in place. And warns of a retest of support.

Gaps
1. Also MA is looking for Reversal Gaps to maximize the potential Trade.

Indicators
1. (Copied)….Immediate to Intermediate provide the indications for the market on a short-term trend perspective. The last four indicators from Long-term up provide the top down viewpoint. When all are in a bullish mode, the trend is really booming so you then look to the next reversal above the market for target resistance. When this is all bearish, you look to the next reversal below for support. You will notice the indicators will start to change as a market is shifting direction. When everything is in a bear mode, you will find a more serious decline in underway.   
Long-Term Trend ........... BULLISH
Cyclical Strength.......... BULLISH.  (Abrupt Price Movement over 15% from the last important High or Low)
Broader Trend ............. BULLISH
Long-Term Cyclical Trend .. BULLISH

Like I said, still have my problems in master that Strategy. If you could share some of your knowledge would be helpfull.
Also, socrates is using the Reuters Price-level, which is often different to my brokers. And I have watched the system electing a reversal when it should not. I wrote an mail and obviously it was a bug. So these things make it even more complicated.