Based on a hidden order which can be solved for any financial market, The DELTA Phenomenon, discovered by Welles Wilder® actually plots expected market. In the same year, Sloman sold the DELTA method to Welles Wilder, the Wilder decided to publish The Delta Phenomenon giving 75 percent of the profits to. My name is Welles Wilder. 1 wish that I could say that I discovered this phenomenon, but I’m not that smart. It all began with a phone call. It was the second week.
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After quite an exhausting computer analysis on historical data, the result w’as that the parameters in the bock were the best general parameters for all markets. Obviously, the lower the AR, the more accurate the point. On the reaction points to wulder big moves, the points tend to come early. Markets almost take on a personality.
The Points are still in the same place on the chart, but now the points have different numbers. Wildsr is interesting to note that the ideas are not much discussed in chatrooms on the internet. Stop and consider the significance of that.
I believe this adds an element of interest and excitement to the learning process. I bought an airplane, learned how to fly it, and continually flew from one project to another. Body tissue physically changed by the power of the mind. Now, let me make one thing clear.
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Complete details are set out in the respective membership applications and trust agreements. In fact, they do take on a personality. Jim made his presentation using two overhead projectors so that two charts could be exactly overlaid on the screen. Or ddlta yet, pick a date. The ideas in this book and in Copan’s book must be considered to be in the public domain by now. He does not like to follow through a project to its ultimate conclusion, where I do.
Nothing can beat this one!!! No, but it usually affects the Delta accuracy. I could not think of anything to write down. All other methods of technical analyses pale when compared to the fact that there is perfect order in all markets. Jim insists that I add here that he felt pretty dumb too, phennomenon he should have spotted it when he looked at the charts back in the early fall.
Eelles look at the same chart with this projection on the chart. My data base for all the stock groups begins on January 1, and extends to the end of DELTA does wildfr tell the trader when to enter a trade. These lines have four colors that repeat in order. Point 1 s tend to be major bottoms and less often, major tops.
But speaking of research in Delta, at the Delta Directors meeting in London which was attended by 28 of the 33 directorsJim presented a new time frame for Delta. For a particular market, once one discovers the number of points that repeat and where the repeat begins, he is able to predict where in time each of these points will occur as far in the future or the past as he may want to go.
For example, for Gold, Point 1 comes after the orange line.
BOOK REVIEW: The Delta Phenomenon
It is phenomnon to us to apply the method and do testing or buy the newsletter. It is based on principles that are entirely new in the markets, or for that matter in science itself. Stated in the plainest way possible, Delta is a revolutionary discovery concerning the underlying nature of all markets.
Markets repeat directly or inversely every lunar year. It doesn’t matter if one is a chart trader, a phenoemnon trader, or a fundamental trader, DELTA will become the basis for your decision making. More on this later. I’ve experimented a bit with the method and all I can say is that it looks promising, but it is not a holy grail. It has remained a secret for thousands of years.
Many times over the phone I had given the following answer to the inevitable question. The Intermediate Term came from the interaction of the earth and the moon.
There was just no way that the stock market could continue to go down for the rest of The rules also fell into place quickly as I investigated more wellws more markets.
Next I tried to contact Gary Mackhan, but was unsuccessful. Am I saying that Gold will always have eleven points wulder that these points are absolutely predictable?
Full text of “The Delta Phenomenon”
If it were, you would not be reading this book and I would have, by now, accumulated more wealth than anyone else in this world! Unfortunately, this book has many of the telltale signs of a scam: New Concepts in Technical Trading Systems. It was unbelievable how the accuracy of only nine months of charts that I brought back from Chicago held up through all these years. I was amazed at how fast he could solve each market in spite of the gaps in each series due to the weekends.
Why did Jim want to share Delta with you? This was my problem. One thing you have no doubt recognized about all Delta turning points is that they are irregular. Are the Delta Society International directors all technical analysts? Although Jim was certain that this order was true for 12 markets for the last nine months, it still had to be proven that this order was solid, that it would not shift back and forth relative to the colored lines, and that the number of points in the series would not change in the past or future.