11:18 PM 11/20/2014
Educational only - not trading advice
I've included some thoughts for determining run day for the two this week.
http://screencast.com/t/j15UD7KBgPF
I am interested in hearing people's techniques for determining larger moves the direction and the length.
To your question I think it can be done though I am not sure I can do it all the time.
In reverse, part of the question is determining when a day will (or has) dissolved into a chop.
I...
8:27 AM 11/19/2014
Educational only - not trading advice
The best rec price is 2050.50 (and first est is 2049.50) The dir30 is down to 2044.75
Initial trade is down sell at best rec2050.50 -(or the min/max of dir30, first est, best rec= 2050.50)
Interesting question.
They aren't that common. In the last eight weeks using swings of 6pts or more there were only 3 in the ES RTH. (well missing a chart for one week so 7)
(Which I hadn't realized until you asked the question!) :-)
I think you would want to also look at those which were...
great to erect a straw man and attribute things to me I didn't say!
Makes it much easier to refute - oh Newbie 1!
I didn't say he didn't have rules.
If appears that he doesn't have clear rules for exiting profitable trades
I appreciate it is on psychology.
that doesn't equal accentuating...