There have been some 25 signals post 50s.
I believe Dow Theory wise, the Averages & Transports needs to close above its previous Secondary Reaction high, which they have. Or below their respective lows for a Bear Market.
Anyways, does Bracket Trader keep the orders native to Globex? I believe MB Trading's version of Bracket Trader, ie TTO, is kept on the server.
Interesting, any details you'd care to give us? Best wishes on your new endeavor!
I differentiate "sentiment" indicators like AAII, which is simply an unrepresentative opinion poll, from actual position trading, like COT or Rydex. Everyone has assholes and opinions, but its when you put your money down is when it counts. SHOW ME THE MONEY!
The Rydex ratio is about actual...
Short-term we may see possible pullbacks and a decline from this point. However, Dow Theory wise (the granddaddy of all that is Technical Analysis and holy), we've witnessed the much needed and final confirmation of a major Bull Market when the Transports and Dow closed at new highs Friday...
Short-term we may see possible pullbacks and decline from this point. However, Dow Theory wise (the granddaddy of all that is Technical Analysis and holy), we've witnessed the much needed and final confirmation of a major Bull Market. We're talking about the long-term market direction. For the...
Well, I don't, but the intraday Market Profile certainly indicated that the downward range extension carried volume with it, pulling the intraday POC with it. I just think its worth keeping both the short and long term frame in mind, at some point it will revert back to the mean.
For Friday...
Its a market profile based off of the last 20-days instead of the typical one day's worth of trading. It has an UVA, LVA, and POC, but on a more long term basis.
Based on Auction Market Theory, I imagine that it will trade down for a while as traders and long term players seek to find value...
Another 20-day overlay, including fibonacci lines based off of the 5/20 low to 6/30 high.
The uptrend is starting to look a little overextended. The 20-day POC is at 944.5 w/122.3K contracts, but we have a minor POC at 982.75.
A just had a two week winning streak, everyday I ended well into the green with better than average winning percentage.
And then in two days I wiped it out by going larger than normal. Money management and position sizing, obviously good survival skills to enforce.
Empirically I think it is hard to gauge the effectiveness of sentiment by polling newsletters. Other, more effective gauges, would be to keep an eye on the true money flow movement like the COT and the mutual fund net flow. One would had have to identify if the money supply is tapped out or...
No one here follows Harry. Part of the reason is that no one actually understands him.
There are times when I think I understand some of what he's saying, a nugget amongst the unremitting dross of confusion. Heck I think there's a poll thread out there on if people actually understood him and...
This phenomenom has been exaggerated pretty recently due to what appears to be the beginning of a new bull cycle.
The opening morning has the greatest volatility though followed by the closing hour. Many times it ranges between the area established in the morning rather than the breakout...
The point is, you can't simply depend on what the majority of newsletters are saying (Investor Vane, AAII, etc.) and then fading the crowd.
You have to identify when the MONEY SUPPLY IS EXHAUSTED. There's still money on the sidelines that MAY or MAY NOT be injected into the market, as...
Here is some old 1996 data: According to the Tass Asset Management database, there were 304 CTA funds and 597 dissolved since 1986, with assets up to $10.7 billion.
No, the commercials were net long around the time that this rally started. Look at the SPOOS, not the smaller e-mini. The e-minis are just a smaller, more agile vehicle for speculation and hedging. The big boys play in the big contracts.