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I just got an advertizement for Advanced GET, and in the information
that I got they show a Jan 98 Soybean chart showing that their TJ's Ellipse
showed all Major Pivots in 1997 Soybeans! I would like to know if anyone
who has GET and the Ellipse has any idea of how the Ellipse picks
retracements of price in such a narrow time frame? I can basicly see how to
come up with the timing of the turn, but I don't see how they came up with
the price of the retracement before hand! In the chart they show, they show
it picking 3 different retracements almost at exact price! One retracement
is a little under 50%, another a little over 62%, another at 32% etc. I was
wondering did it pick these retracements ahead of time like the
advertizement says or is it a little false advertizement and the ellipse
keeps moving as the price moves? Anyone can put 3 or 4 price retracement
levels on a chart to watch out for, but in their advertizement they claim
that the Ellipse picked only one and it was right for each pivot! Why I was
wondering if the Ellipse moves as price moves or actually picks the
retracement ahead of time is because, I remember seeing ads from GET before
showing their Time Clusters showing exact turning points etc., but if you
look at their setting for the clusters in the ads they had ratio 100 on, and
that will show an exact pivot, but only after the pivot has formed! So I
would consider that false advertizing, showing how they picked pivots etc.
before hand, but using ratio 100 that only shows up a week or more after the
pivot! So I was wondering if the Ellipse is more false advertizing or does
it really pick one and only one narrow retracement point? If it is not
false advertizing, and if anyone has any ideas, I would like to know how one
can pick one retracement price over the anothers ahead of time and be fairly
accurate? Looking to learn!
Any information on this would be very helpful!!
Thank You,
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