Originally I had wanted to start at the beginning with tide basics, but at the risk of jumping ahead, I thought I should post the most recent tide chart here as a record and go from there.
The chart above is a plot of the s&p emini contract (esu09) using 60 minute data courtesy of Tradestation. On the chart you see several up and down arrows. Look at the green up arrows and the red down arrows. Clicking on the chart actually makes it readable.
The red and green arrows represent turning points in the markets as revealed by my tidal data. The upward sloping green lines and downward sloping red lines are up trends and down trends respectively taken from the turning points. You can see the tight correlation between the market movement and the tidal trends. This is the basis for my trading.....the beauty of which is that we know in advance when to expect change in trends. Now, understand these are more or less weekly trends, but the advantage to the trader is obvious. If you, as a trader, can enter and exit the market on these trend change days, even if you dont get the best price for the day, you're making money on almost all trends. I say almost because no system of trading is perfect, no system is infallible, but if you can be happy being on the right side of the trend about 80% of the time, this may just be your ticket to profitable trading.
More on how it works, entrys and exits, and the start of real time tracking of the results later. For now, we have just entered (as of last friday) a downtrend with the expected low of this trend on Tuesday, September 8, 2009.
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