Kind Words from Terry Laundry, Founder of T Theory

"Parker has sent me what I consider to be the most important refinements to T Theory I have ever received from anyone in an e-mail . . . which he calls Tweaking the 13th Advance Decline T." September 29, 2010

"Parker has sent me a very interesting concept which is the NY Advance Decline line divided by the put-call ratio . . . What he's done is introduce the idea of sentiment." September 15, 2010

"Parker discovered the Money Flow Ts . . . This is something like the Holy Grail in T Theory. You are always looking for something that will help you refine the peak date." October 17, 201

"Money Flow Ts are probably the greatest new thing I have seen in 20 years in terms of time symmetries." December 5, 2010.

Friday, January 7, 2011

$$ Short Term Money Flow Ts



Over the last 6 days, we have seen the Dollar surge and the Euro weaken.  The Money Flow Ts suggest that these moves are potentially due for a rest, if not a reversal.






















In addition, the short term S&P Money Flow T correctly predicted the stagnation of the last couple of days, but suggests the next cycle top will not come until the afternoon of January 28.

Posted by at

10 comments:

  1. FredJanuary 8, 2011 at 8:48 AM

    Parker,

    I understand using the money flow indicator, but I am not clear on how you arrive at Jan 28th as a high. I do see the spike low on 11/16 (the last big spike low prior to that was 8/30). The biggest spike highs were 10/5, 11/5, and 12/13. We also had a big spike low on 1/4 and a spike high on 1/5. Is there any way of understanding which spike highs are important and which aren't important in your calculations. Basically, what is your methodology for arriving at various dates in the future.

    Thanks, just trying to learn.

    ReplyDelete
  2. waw4January 8, 2011 at 11:45 AM

    How did the short term S&P Money Flow T correctly predicted the stagnation of the last couple of days?

    ReplyDelete
  3. UnknownJanuary 8, 2011 at 1:52 PM

    Parker,

    It would help if there were labels for the 3 indicators under each chart.

    ReplyDelete
  4. PositionSizingJanuary 8, 2011 at 1:57 PM

    Fred -

    I try to look at the price move as a whole to determine when to start the MFT, and where to put the center post.

    A MFT is defined when price continues its trend after a Money Flow peak. Here we have 2 major peaks - December 13 and December 23 - where price continued its trend afterwords.

    The blue lines use the December 13 center post. The green lines use the December 23 center post. Both start on Nov. 16.

    Where to start an MFT is a more difficult decision, because there can be so many different price formations at the beginning of a move. If possible, I try to start it as far back as I logically can, in this case Nov 16.

    waw4 -

    It predicted a cycle top on January 6. Such tops are usually followed by: 1) a resting period/normal correction then a resumption of the trend, or 2) a trend change.

    ReplyDelete
  5. PositionSizingJanuary 8, 2011 at 1:59 PM

    Achilles

    Thanks - I have "Show Legends" turned off for some reason.

    The first indicator is Money Flow (14 period). Below that is RSI (14 period). Below that is %B (20,2) -- all normal settings.

    ReplyDelete
  6. SCJanuary 8, 2011 at 7:32 PM

    Parker,

    How far back have you tested your MF-T theory?

    ReplyDelete
  7. FredJanuary 8, 2011 at 8:50 PM

    Parker,

    Thanks, Does the 30 minute money flow T currently tell you whether we take another dip before we go to new highs. It appears you have something good here, but I still don't quite see if you count the number of bars or the number of days to a new high or new low in price (after a peak and a decline in the money flow T).

    Plus, how do you determine which peaks are important...because the money flow peak is higher on Jan. 4, but lower in price...while the low in price on Jan. 7 has a much higher high on the money flow level than the low on Dec. 31. So are these important or not in determining price over the next week or two.

    Thanks.

    ReplyDelete
  8. FredJanuary 8, 2011 at 8:53 PM

    Sorry Parker, I was playing around with different time increments and using a 45 minute level on when I sent you this last email...but the questions still apply, but the dates may be a day or two off.

    ReplyDelete
  9. JustSignalsJanuary 9, 2011 at 4:33 PM

    #SPX & #UUP astro charts were updated today for those interested in seeing them...http://bit.ly/gf1Vb5

    ReplyDelete
  10. DanielBJanuary 13, 2011 at 12:36 PM

    Hey everyone, MUB (municipal bonds) are getting killed today. If we do see a municipal bond market crash which I'm thinking is more and more likely, I would imagine it should put the skids on any upside.

    I know that usually, equities trade oppositely to the dollar, but on a curiosity, I decided to check the USD against the 07-09 bear market to see how often equities sold off WITH the dollar. I was expecting once or twice for short periods, but it actually happened five times, three of them lasting a month and one for about two months. The dollar's having a sharp down day today. I wish I knew if there was some sort of signal or indication of when equities may sell off with the dollar instead of oppositely, but I know of no such thing at this time. Thoughts?

    Check it out:
    http://chartpostings.blogspot.com/2011/01/usd-and-07-08-equities-bear-market.html

    ReplyDelete

Subscribe to: Post Comments (Atom)