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It was based on my calculation which loses as spectacularly as it wins :D I've spent a huge amount of time and effort on trial and error to get to this point, wouldn't suggest it to anyone else. Not a penny of ri$$$k :p

It made me wait but it was a doozy. :D Got out on the bounce near 33k, waiting to get back in today. Hope all are enjoying their ri$k free money. Dow Jones 33,082.7 33,197.8 32,953.3 -78.1 -0.24% S&P 500 3,825.1 3,840.8 3,804.6 -3.0 -0.08% Naz 11,060.6 11,125.2 10,983.7 +1.1 +0.01%

After 11:30 I expected it to drop and it did. Time forecasts can go wrong by a couple of hours either way so I want price to confirm it.

Yes, I'm calling the DOW top. If fundamentals happen to coincide with my dates, thats fine, but no idea how the midterm will go. Waiting for 11:30am :D

Today is the la$t chance for the DOW short-term high. Time to make $ome buck$ :D The big move should start after 11:30am ET. Before rushing in, wait for price to confirm the short. Dow Jones 32,872.0 32,928.8 32,760.0 +45.0 +0.14% S&P 500 3,812.2 3,819.8 3,793.0 +5.4 +0.14% Naz 11,015.6...

There are none so blind as those who will not see - John Heywood Nasdaq 100 10,806.7 10,959.9 10,803.5 -99.6 -0.91% S&P 500 3,734.2 3,773.0 3,732.8 -25.5 -0.68% Everyone is too busy counting their ri$$k free money to even post. :D

All went exactly as expected. :D Hope everyone is enjoying their risk free money. Not a penny of ri$$$k.........................................................................................on the short. :p

Looks like the high was made at the open yesterday. Theres a good chance of a huge spike after the announcement, then it will settle down and everyone will rush in to short. :D

Nasdaq 100 11,438.1 11,578.2 11,406.2 +32.5 +0.29% S&P 500 3,881.0 3,917.4 3,871.2 +9.0 +0.23% :D ;)

Today or tomm is the short term SPY high for some time. Don't jump the gun, wait for price confirmation to short it. :p Rick was last spotted on his yacht (bought with free money from the market) off the coast of the French Riviera partying with a bevy of Playmates. :D Not a penny of ri$$k...

Taking a random entry can be profitable if you know how to manage the trade after getting in. I've seen a guy doing something similar on sports betting and making money almost every day. He was a retired bookie. I'll poist more when I have time.

Make or break situation developing, all on the wrong side will be in deep trouble. :p If nothing happens today, I'm staying out. S&P +40.8 +1.05% Naz +77.3 +0.65% DAX +78.3 +0.56% FTSE +90.0 +1.22%

And my calls are now over 70% up and holding :strong: :D S&P 500 +42.4 +1.09% Naz +172.9 +1.46% DAX +281.5 +2.03% FTSE 100 +150.0 +2.06% As usual Rick is absconding when you need him o_O

Do you even know what OTM means? It has nothing to do with time, only the strike price. Anyway, I've no interest in wasting my time on you. FFS, get a life. I'm trading 2 other markets, my long calls bought an hour ago are already 40% up :strong::D

A short term bounce is on the way, should start before Tues :strong: Wait for confirmation, then back up the truck and load up on far otm SPY calls :D

Does this mean that you can get >90% winners or nearby, trading this system on stocks/indices? In this case having 2 Martingale ladders on up/down is preferable, even then knowing when to close out both trades is critical.

Many forex traders do Martingales. :p It accounts for the >90% win rate but can wipe out the account on a few losers. o_O The real fun starts when they make a Martingale ladder in both directions. :banghead: :D

Many a truth is spoken in jest, in this case sarcasm. Yes I do, because of the hard work I've put in and the long hours spent in backtesting many ideas. Progress is impossible without change; and those who cannot change their minds cannot change anything. - George Bernard Shaw

:strong::thumbsdown::thumbsup::fistbump::fistbump:Every now and then when I visit the forum and see this thread, it reminds me of how stubborn people can be. Most people never move their asses until their balls are squeezed.........hard. It happened to me and it marked the day my journey...

:D :D Easy there Rick, the downside is not done yet. The Dow low is next week on Tue/Wed, followed by a bounce back to pull the suckers on board. :p