ES Journal - 2012

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There are some bias in AH actions towards an overall up drift but that works mainly in a strong up trend on daily and weekly environment.

ES is in a transitional time and it may turn into full downward trend soon. In such environment, the updrift bias is offset by more frequent appearance of outsized down swings in AH.

To be fair, a valid long only model can be built around ES AH mkt. So if RS has found such a model, it is not likely he is going to share it here. =)
 
Quote from Lawrence Chan:

There are some bias in AH actions towards an overall up drift but that works mainly in a strong up trend on daily and weekly environment.

ES is in a transitional time and it may turn into full downward trend soon. In such environment, the updrift bias is offset by more frequent appearance of outsized down swings in AH.

To be fair, a valid long only model can be built around ES AH mkt. So if RS has found such a model, it is not likely he is going to share it here. =)
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True, but the rules are not consistent with what is shown on the DOM. Originally, it was 'buy at close ,sell between :D 2.30 and 3.30 am. That changed to 'open'.

Now it is SPX cash, but he is showing a DOM YM. I suppose that is ok for illustration,but nowhere does it say to take profits during the night,which the DOM from yesterday showed.

As for 78% or whatever;needs a review,at best.

If RS gave the opening price or time would be useful.

At this moment he has to be underwater on the basis of 'buy open,sell close'.

Edit: for today.
 
Quote from uptickk:

Might want to photoshop it a little better b/c it says Sim account.
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:D :D my futures screen is pretty red right now...I guess its morning somewhere.....how can you be wrong on a SIM account!!... actually might be good time to go long...have a buy at 42 (not patient enough for 39)...sell at 53.... I'm trying to channel EMG
 
Quote from Lawrence Chan:

There are some bias in AH actions towards an overall up drift but that works mainly in a strong up trend on daily and weekly environment.

ES is in a transitional time and it may turn into full downward trend soon. In such environment, the updrift bias is offset by more frequent appearance of outsized down swings in AH.

To be fair, a valid long only model can be built around ES AH mkt. So if RS has found such a model, it is not likely he is going to share it here. =)
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A strict mechanical system will ALWAYS fail over time. Anything based on past data in the way you described is simply a CURVE-FIT.

Why? because CONTEXT is missing.

Edit: ..and NO..the fact that the ES has been in an "uptrend" is NOT, by itself, context
 
Quote from Rickshaw Man:

AMAZING!
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I wonder if we will see an update at 9.30 (close).

I really doubt it will happen and if it doesn't the moderator who suggested that RM offer screens needs a kick in the arse for suggesting this person is legitimate.

Personally, I don't think any moderator did in the first place.
 
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