Day's Direction Journal

buy at open today ?
We haven't had a good up day in 2 days now.
They've also managed to push the market up lots in the overnight session from the lows.
 
Quote from lexcorp:

buy at open today ?
We haven't had a good up day in 2 days now.
They've also managed to push the market up lots in the overnight session from the lows.
More...

your were correct - it closed up. Easy, eh?

Quote from runningman:

Open 1026.75
Close 1030

-3.25 for the day
-2.5 total
1 Win
4 Losses

Today: Buy @ open
More...

now you've got the odds in your favour again! Long and strong :cool:
 
If you are going for simple, drop in an order and a stop loss then why not:


i) go flat betweeen 9:30-10:30
ii) go flat after 10 or 15 points met
iii) close half the order using above criteria and remaining half close at the end of the day


Years ago there was a fairly popular journal or thread by easyrider (?) I remember following (not sure of the name, but an oldtimer on ET) with a similar approach - drop in an order a day - complete with simple spreadsheet. He was calculating next day based on the open price and the range (again don't quote me on that, something to that effect).
 
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