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Commodity and Futures - Physical commodity and financial futures markets.
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Posted by truth-b-told on December 9, 2006, 5:36 pm
I am not sure if this was posted in here, but shaggy over at Friends
and Traders forum, DELETED this thread from that site. I wonder why
shaggy, protects Ricky Ratchford ALL the time? Sorry if this is a
duplicate thread, but if not, then enjoy the banter. Mike Parsons,
literally punts Ricky Ratchford, into next week!!!
Enjoy!!!
Sincerely,
gerillio.
########
Blanketing Turns? Don't think so... *LINK*
Posted By: Rick (Analyst - AmazingAccuracy.com) (70.178.255.151)
Date: Monday, 4 December 2006, at 12:47 p.m.
A recent discussion here brought up the subject of 'blanketing' turns
and that of using 'windows' for forecasting turns.
While it is certainly possible to find somewhere on the web someone
doing this, it is not accurate to apply this to everyone out of
ignorance.
I just finished watching a video, where he finds fault in a 'time
window'. While watching the video, it was quickly noted that if a
reversal does not happen, it is "just an inverse".
In reality, the reversal did NOT happen. Call it what you wish.
In any event, I've put together a small example video demonstrating the
accuracy of Dynamic Cycle Analysis. It should be quite evident, by
studying the chart, that no "blanketing" is done and that the dates do
in fact highligh changes in market direction.
Enjoy.
Rick
Dynamic Cycles on Canadian Dollar
Re: Blanketing Turns? Don't think so... *LINK*
Posted By: Wolf (Educator) (69.250.116.207)
Date: Monday, 4 December 2006, at 4:31 p.m.
In Response To: Blanketing Turns? Don't think so... *LINK* (Rick
(Analyst - AmazingAccuracy.com))
To everyone - See the video below and find out the truth.
Rick,
Why are you doing this? I have tried to be cordial with you. Yet you
resort to underhanded means to try and justify yourself. I am very
familiar with your methods and have been for years. I have tried to get
you to think before going down this road and now you force me to expose
you for the charlatan you are.
Remember, you made this decision on your own to take things in this
direction.
MJP
Exposed
Re: Blanketing Turns? Don't think so...
Posted By: Rick (Analyst - AmazingAccuracy.com) (70.178.255.151)
Date: Monday, 4 December 2006, at 5:39 p.m.
In Response To: Re: Blanketing Turns? Don't think so... *LINK* (Wolf
(Educator))
There we go again.
"blanketing"
"window unnecessary"
"charlatan"
Is there no end to your misrepresentation of the truth?
And the FACT is, YOU started this campaign of misrepresentation. Must I
remind you of your unnecessary comment about the "counting numbers"
post? What did he do to you? Nothing. But you felt compelled to address
something you know NOTHING about.
I guess we can expect a "charlatan" to divert attention by calling
another the same. LOL!
The only 'truth' you have spoken so far is that your reversal magic is
not very accurate. When it misses turns, you simply label them as
"inversion" or an error of calculation. Gee, if I labeled mine that way
I could claim 100% accuracy.
Way to go Michael.
PS: Your dirt throwing campaign will backfire on you. All for what? So
that you can sell another $395 vague method? You want to borrow $395? I
think I have that in one of my socks. Let me go get it for you.
-R
Re: Blanketing Turns? Don't think so... *LINK*
Posted By: Rick (Analyst - AmazingAccuracy.com) (70.178.255.151)
Date: Monday, 4 December 2006, at 5:57 p.m.
In Response To: Re: Blanketing Turns? Don't think so... *LINK* (Wolf
(Educator))
Just watched Michael Parson's "deceptive" video.
Wow. Talking about being deceptive while accusing me of being
deceptive.
First off, Michael is either outright lying, or he is outright an
idiot. You take your pick.
The chart is in fact a TRADABLE chart, and that is what I am my members
use to determine and trade these markets.
How can this $395 magic marker guru blantantly state it is not a
tradable chart?
If you want to KNOW THE FACTS, contact Ed Pavia at Pinnacle Data Corp.
(http://www.pinnacledata.com) and ask him if his RA continuous charts
are tradable charts?
So why is Michael telling you that they are not tradable? Why would he
make such a blantant and outright false statement as this? Because he
either doesn't know what the heck he is talking about or is merely
trying to DECEIVE you. I'll say both are likely.
The RA charts are the BEST charts to use for Dynamic Cycle Analysis.
And the price entry points and stop-loss point are ACTUAL FRONT MONTH
PRICES. How is that not tradable?????
While Michael is trying hard to imply that I'm being deceptive, he's
being deceptive in making that charge. How low will a vendor go to sell
his $395 vague system? And why all this? Because he doesn't want to
prove that his reversals are accurate...because they are not.
The guy calls 10 reversals and 5 of them turn out to be "inversions".
What??? No turns and he labels them as if that makes them okay?
Give it up.
Contact Ed Pavia and ask him if those turns on his charts actually
happened or not, or if they are "make believe" as Michael wants you to
believe.
When I try to get Michael the Wolf to simply demonstrate his claims, he
decides to resort to name smearing and outright deception. That is
someone I would not want to do business with.
Guess today is video goodie night.
Here is a video discussing the CD$ chart. VERIFY FOR YOURSELF!
Cheers
Rick
RA Data - Know the facts from REAL analysts *LINK*
Posted By: Rick (Analyst - AmazingAccuracy.com) (70.178.255.151)
Date: Monday, 4 December 2006, at 6:13 p.m.
I was SHOCKED to see Michael Parsons (Wolf) make false claims and
accusations about my person and the charts that I use (RA Charts).
In his video, which you can still view from an earlier post, shows him
blantantly making claims that the chart of CD$ I used was a 'deceptive'
chart.
What Michael Parsons has just done is put his foot right into his
mouth.
No wonder such bashing is common on these forums. People, like Michael,
speak out of PURE IGNORANCE.
I have copied and pasted below information from the site Pinnacle Data
Corp that shows many respected names in this industry recognize the
value and power of RA charts for analysis.
============
Over 5,000 individual contracts were used to create this unique set of
commodity history. Our free support software, DataMaker, allows you to
link the contracts together using the highly recommended Reverse (Back)
Adjusted Method, and also the Non-Adjusted Method, to see actual prices
and the new Ratio Adjusted Method that never goes negative. Our method
of linking is regarded as the BEST!
But don't take our word for it.... READ WHAT THE EXPERTS SAY:
Jack Schwager (Director Futures Research, Prudential) convincingly
demonstrates in his October 1992 "Stocks & Commodities" article that
forward and reverse adjusted continuous contracts are the only viable
choice for back testing futures series.
Gibbons Burke (Associate Editor, "Futures" Magazine) writes in the
"Futures" July 1992 issue that reverse adjusted continuous contracts
"provides the greatest realism". Other methods of linking contracts,
such as "perpetual
contracts", result in distortions.
Bruce Babcock Jr. (Commodity Traders Report Editor) writes "I use price
adjusted continuous contracts exclusively in my own trading".
======================
Notice that they say they USE FOR TRADING!!!!!
Didn't Michael say they cannot be used for trading?
So then, think. Who is being deceptive here?
Answer: Mr. Michael Parsons (Wolf)
Case closed. I don't need to go back and forth with someone like this.
-R
Re: Blanketing Turns? Don't think so...
Posted By: Wolf (Educator) (69.250.116.207)
Date: Monday, 4 December 2006, at 6:17 p.m.
In Response To: Re: Blanketing Turns? Don't think so... (Rick (Analyst
- AmazingAccuracy.com))
Rick,
No I did not start this with you and if you look back at a prior post
you will understand the issue I had with Bruce. It is because I DID
understand what Bruce was doing and the fact that he was claiming as
his own what was borrowed from others. Get that last part clear through
to your brain because I have no doubt if you had known this you would
have been critical of him as well.
Rick, you keep twisting what I have said and I keep warning you to
stop. I did not address you the beginning but you took it upon yourself
to address me. Even in my first response to you and despite your attack
of me I made an effort not to criticize your methods or place them in
the same category as Bruce. I have not misrepresented anything here,
nor do I need to. I have put what I have clear in the open, the good
and the bad. In other words, I have been honest. The CD chart of yours
does not show the same honesty.
I am sure the video I posted is not sitting well with you at the
moment, but the points made are truthful and accurate. What is more, I
have much more I can show and if you push me then I will reveal it.
You posted the first attack video, not I. You posted the first attack
post, not I. I have repeatedly warned you and made an effort to
discourage you from going down this road. I gave you the choice and
made it clear that I would not involve myself in a challenge unless it
is an issue of defending my reputation. This is what you continually
make it. It has always been your choice and still remains your choice
to stop this. Choose wisely.
MJP
Re: Proof *LINK*
Posted By: Wolf (Educator) (69.250.116.207)
Date: Monday, 4 December 2006, at 7:33 p.m.
In Response To: RA Data - Know the facts from REAL analysts *LINK*
(Rick (Analyst - AmazingAccuracy.com))
People, I could respond to Rick here but the bottom line is that he is
deceiving you and the video proves it.
I ask you to look at a chart with overnight data and what Rick showed
when demonstrating the reversals he had on the earlier video. There is
one important detail that proves without question he was using only day
data. Look at the video to find out what that is.
The fact is he was using what he has long pushed, backdated charts.
Backdated charts cannot be traded and posting reversals on such a chart
as if they were tradable is a deception. .
MJP
Exposed 2
Re: Out and out lies from Wolf *LINK*
Posted By: Rick (Analyst - AmazingAccuracy.com) (70.178.255.151)
Date: Monday, 4 December 2006, at 8:01 p.m.
In Response To: Re: Proof *LINK* (Wolf (Educator))
Not only am I not deceiving anyone, but you are a very ignorant as well
as arrogant person, Michael Parsons.
Why don't YOU call Pinnacle Data and tell them that they are deceiving
their customers. Because the data I provided IS IN FACT reverse-adj
price data, used by many professional chartist.
Dude, you are stooping to new lows. Fortunately, it is easy for anyone
who 'cares' to verify that I am telling the truth and that you need
help.
Pinnacle Data refers to this data file as CN. That is stands for
Canadian Dollar Composite. Composite = 24 hour data continuous data.
Click on the link below and you can download the data file yourself.
Plot it with Excel or whatever you have that can read CSV price data
(ascii), and then compare the chart with what I posted.
Then write and tell this Michael that he has absolutely no clue what he
is talking about and is filling this forum with lies.
Only an idiot would say RA charts cannot be traded.
-Rick
Re: Blanketing Turns? Don't think so...
Posted By: Rick (Analyst - AmazingAccuracy.com) (70.178.255.151)
Date: Monday, 4 December 2006, at 8:21 p.m.
In Response To: Re: Blanketing Turns? Don't think so... (Wolf
(Educator))
I think you are way past trying to sound 'civil'.
Your most recent post demonstrates how low you will go in your personal
attacks. When someone has to stoop to outright lying, as you have now
done, it doesn't matter what you say after that.
You've been exposed Michael. If anyone cares, they can contact Pinnacle
Data directly and ask about the CN data. As a matter of fact, you
should call and find out. Something you should have done BEFORE you
opened your arrogant mouth.
The data is right here. http://www.profitmaxtrading.com/data/cn.csv.
===========================
When you posted about Bruce, that his +/- one bar is whacked, you were
indirectly pointing at every analyst that uses the same deviation
allowance. What did you expect? That we sit by why some 'vendor' uses
us to prop his $395 unproven course? No sir. You must PROVE it is more
effective, something that you have so far been unwilling to do.
I've been posting my forecasts, in advance, for 11 years now on these
forums. Never been afraid to do so. Meanwhile, you have been pushing
this course and badmouthing our methods along the way. Get real.
IF ANYONE WANTS TO KNOW WHAT THE TRUTH IS, THEY NEED ONLY TO CONTACT
PINNACLE DATA AND INQUIRE ABOUT THE DATA THAT WAS USED FOR THE CANADIAN
DOLLAR CHART. REVERSE-ADJUSTED CONTINUOUS DATA.
And those who do so will quickly come to realize that you don't know
what you are talking about. In fact, you owe me one big apology.
PS: Your threats do not bother me. I've been bashed for 11 years by
much worse than you.
Re: Out and out lies from Rick
Posted By: Wolf (Educator) (69.250.116.207)
Date: Monday, 4 December 2006, at 8:28 p.m.
In Response To: Re: Out and out lies from Wolf *LINK* (Rick (Analyst -
AmazingAccuracy.com))
Rick,
You need to verify what you are saying. If this is overnight data why
is there some days missing when overnight trading occurred? For
example, what happened to September 4th. There was trading on the
overnight. This data doesn't show anything for the 4th.
There is something seriously wrong with what you are claiming here.
MJP
Re: Blanketing Turns and thin ice
Posted By: FORUM MODERATOR (69.224.126.247)
Date: Monday, 4 December 2006, at 8:38 p.m.
In Response To: Blanketing Turns? Don't think so... *LINK* (Rick
(Analyst - AmazingAccuracy.com))
I am allowing both points of view till tomorrow (tuesday) if it does
not get civil the entire thread will be deleted sometime before noon.
Re: Proof *LINK*
Posted By: Rick (Analyst - AmazingAccuracy.com) (70.178.255.151)
Date: Monday, 4 December 2006, at 8:49 p.m.
In Response To: Re: Proof *LINK* (Wolf (Educator))
You like these videos?
Here is a video showing how silly (and malicious) Michael "wolf" Parson
has been in his videos about my price data.
Day session data and composite data are like day and night (no pun).
See for yourself.
What really cracked me up is that the only difference in the chart he
showed and the chart I showed was a very small inside bar. Yet, he
calls my chart "not tradable" and then uses that to imply that I'm
lying. What is this guy smoking?
I hope you get a laugh out of that as I did. See what I mean in the
video.
Oh, and one more thing I show you. His "missing bar", that he bases his
whole "Rick's lying" argument on, actually increased the accuracy of my
turn dates from the video I previously showed. By adding that "missing
bar", it proves even more so how accurate my work really is.
And for that, thanks Mr. Parsons. :-)
Re: Blanketing Turns and thin ice
Posted By: Rick (Analyst - AmazingAccuracy.com) (70.178.255.151)
Date: Monday, 4 December 2006, at 8:51 p.m.
In Response To: Re: Blanketing Turns and thin ice (FORUM MODERATOR)
Hello Mr. Moderator.
Thanks for allowing a little leeway. Tomorrow works for me. Tonight,
allow everyone to have some fun watching two guys go head to head.
Peace. :-)
Re: Blanketing Turns? Don't think so...
Posted By: Wolf (Educator) (69.250.116.207)
Date: Monday, 4 December 2006, at 8:57 p.m.
In Response To: Re: Blanketing Turns? Don't think so... (Rick (Analyst
- AmazingAccuracy.com))
Rick,
The evidence speaks for itself. You cannot claim overnight data if you
have missing days when only overnight trading happened. There is
something wrong. If you are using overnight data then why is data
missing on days only overnight trading occurred?
The issue is that you are using backdated charts and that is why it is
coming out the way it is. You cannot trade off of backdated charts and
present them as tradable because that is a clear deception.
Even if you are doing as you claim and using overnight data, that makes
the signals even worse because now the day extends 24 hours each or a
total of 72 hours on a three day window.
Either way there are serious problems with your service.
I started to make an effort to show you examples and as soon as I tried
you twisted what was presented and lied about what was on the video. I
like the last thing you threw out, the one about 5 inverses. There was
only one and it was well defined for my students with a specific action
as indicator. It wasn't "thrown" out there and no one was blindsided by
it. It happened as expected.
The thing is that I told you that I was going to provide other
examples, but Monday was very busy for me. Your response makes it
rather foolish to do so when you obviously are simply going to take
something out of context and put a spin on it.
Further, I have not been pushing my course. Many of my posts don't even
have a link to my site. My methods have been proven for many years.
Yours on the other hand has one of the worse reputations ever seen with
you even banned at several sites.
Finally, I addressed Bruce, not you. That is the bottom line. Now you
are reaping the consequences of your actions as your method is exposed
for what it is. The difference between the others who have addressed
you before and me is that I fully understand what you are doing and its
weaknesses. I also recognize the tricks you are using to make it look
better than what it really is.
MJP
Re: Proof
Posted By: Wolf (Educator) (69.250.116.207)
Date: Monday, 4 December 2006, at 9:15 p.m.
In Response To: Re: Proof *LINK* (Rick (Analyst - AmazingAccuracy.com))
Rick,
Let me remind you that you called me a liar first. Go back to the
previous videos and posts to see for yourself. Now you say that I have
lowered myself? In fact, I stated you had lied in regard to a specific
thing, the chart having overnight data and showed why you couldn't be
correct, whereas you outright called me a liar. Doubt what I say here,
go back and look at the previous posts.
Again, you cannot claim overnight data if days are missing when
overnight trading occurred. If there is some explanation on this
missing data then fine let's hear it, but as long as your charts show
missing data then there is something wrong with your claim. The bar in
question, and I can show others such as September 4th, is still
overnight data and part of any overnight trading chart. If it is
missing on your chart then there are only two choices, the data is in
error or it is not an overnight chart. Which is it?
I love also how you twist everything. No, it doesn't help your claim of
accuracy. You see it doesn't matter which way you go here, you have a
serious problem.
If it doesn't include overnight data as the missing data would confirm
then the chart is a deceptive representation of any trading. If it does
include overnight data then you are asking traders to watch the market
24 hours a day and multiplying the reversal time involved. Either way
you are asking a trader to do the impossible.
MJP
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