The SOYBEAN Situation - Fdate Freebie
FutureSoft
Before I provide the Fdate Freebie on Soybeans, I think it fair to first try
and provide some basic cycle education so this information does not get
twisted up by frustrated, quick to judge and slow to learn, mif loiterers.
<g>
The Membership (http://FSoftPublishing.com), within its reports each week,
has a commentary section which provides weekly cycle information along with
its daily cycle information. The purpose of determining a weekly cycle time
frame is to locate the beginning of a new weekly move.
If you look at your weekly charts, you will obviously note that from a
weekly bottom prices will normally go up for a couple of weeks or usually
more, before making a weekly swing top and going the other way. You will
also note that these weekly bars are usually dated using that week's Friday
date.
The report sent out each weekend uses a coding system to differentiated
those weekly tops/bottoms time periods derived from cycle analysis, from
those derived from mathematical algorithms (such as the Fdate algorithm). We
simply call the weekly dates from the algorithm Wdates. The coding system is
'w' before the date, for Wdate, and 'wc' before the date for weekly cycle
date. We try to use the weekly cycle date to build confidence in the Wdate
if there is one.
We currently are coming off a weekly cycle top in Soybeans as has been
reported weeks ago in advance on this report. Now, we are moving toward a
weekly cycle bottom. We have a Wdate for w9/11, and a weekly cycle date for
wc9/4.
You should immediatly see that the weekly cycles are agreeing with the
Wdate, as the two are back to back weeks. The probability of a weekly
bottom is therefore very high due to these results from two different
schools of thought.
Now how do we use this information?
We must not try to pick tops and bottoms to trade, but rather 'anticipate'
the top or bottom and then 'confirm' it using daily cycles (or Fdates). Here
is how we do it. See (http://FSoftPublishing.com/fdates/longterm.htm )
It's very simple really. When you suspect a weekly bottom is in, by daily
prices starting to rise and rising, you simply wait for the pullback. If you
have the Fdates in your hand, you wait for the first Fdate to provide you
with a daily swing bottom which is NOT lower than the suspected weekly swing
bottom. You can then enter there, and plan on trading up till you reach the
next weekly swing, which is to be a top.
Now, this week we have a cycle date of c9/3, and a Fdate of f9/4. With the
daily cycle date being the day before the Fdate itself, there is a very high
probability that a daily turn is to occur on this coming Fdate. It could
produce a daily swing top, or a swing bottom. The point is, I will not trade
any Fdate or cycle date swings in this market UNTIL I find the one that
produces the swing bottom higher than the swing bottom which formed the
weekly swing bottom as well. Then I know that prices are starting to go up
on a weekly basis with a very high degree of probability.
The key is, once you have this kind of information in your hands, you must
be PATIENT and not act UNTIL you get the HIGH PROBABILITY setup. Is there a
chance to miss a good move? A small chance, as daily prices normally will
retrace, even if just a day or two. When it occurs on an expected daily
swing date, you ACT IMMEDIATELY when in the direction away from your newly
formed weekly bottom (or top).
Again, we are expecting a daily swing to occur 9/3, 4. This may or may not
be THE weekly swing bottom, but it might be as it falls within our weekly
swing bottom time frame window. If so, we'll know after a move up, a
pullback down to another Fdate date which will appear on next weeks report.
Even for non-Fdate members, this information should prove useful. You know
to expect weekly prices of Soybeans to be ending this week or next.
Obviously the ensuing move from here is up, and should last a few weeks of
its own.
Good Trading to you all!
========================================================
The Membership for Futures Traders: http://FSoftPublishing.com
========================================================
Rick Ratchford / Market Analyst Email: Pro...@FSoftPublishing.com
There is risk of loss in trading. This post is not a recommendation to
buy or sell. This post is merely the opinion of the author.
========================================================
LIMIT-UP
>
> 8/30/98
>
> Before I provide the Fdate Freebie on Soybeans, I think it fair to first try
> and provide some basic cycle education so this information does not get
> twisted up by frustrated, quick to judge and slow to learn, mif loiterers.
go and trade it and make your-self a fortune. Beginnig traders watch
out there are no magical dates that will call the markets. Just look at
this guys lousy track record.
"Good trading to all" and be careful, and do your own analysis, and you
will be much happier and wiser.
ta...@bell.net
><Pro...@FdateMembership.today> wrote:
>
>>8/30/98
>>
>>Before I provide the Fdate Freebie on Soybeans, I think it fair to first try
>>and provide some basic cycle education so this information does not get
>>twisted up by frustrated, quick to judge and slow to learn, mif loiterers.
>>
=====================================
On Mon, 31 Aug 1998 01:32:25 GMT, rha...@athens.net (Rick Harle)
wrote:
>Now why the fuck would anybody read past this point?
=========
Here's why.
See one of Ratchford's previous posts. He is more than just a trader,
he is the trading God that has found the holy grail, and we are all
mere fools for not following him down the road to glory.
On Sat, 22 Aug 1998 20:04:45 -0700, "FutureSoft"
<Pro...@FdateMembership.today> wrote:
>Yes, in the eyes of some of you, I am not taken seriously. Yet here I am,
>The wise will know the answer.