ES Journal - 2012

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Did anyone ever do a study on those options play?

My brief experience as a passive observer at a glance, is that they are right as often as they are wrong.

In other words, not worth using to make predictions, only for a supportive parameter at best.

Am I wrong?
 
Quote from Laissez Faire:

Game over.

1300 will not hold on the next push down.

Need to see a strong reversal now to convince me otherwise.

Using the ETH OHLC rather than RTH, I get 1299.75 as S1.

ES just bounced at 1299.75...:cool:
 
Quote from Laissez Faire:

Did anyone ever do a study on those options play?

My brief experience as a passive observer at a glance, is that they are right as often as they are wrong.

In other words, not worth using to make predictions, only for a supportive parameter at best.

Am I wrong?
they have their drawdowns but the percentage is 9 months or better out of 12..that's my guess, volente could give you a more accurate answer
 
Quote from keeptradin':

Using the ETH OHLC rather than RTH, I get 1299.75 as S1.

ES just bounced at 1299.75...:cool:

I always used RTH since those hours are the same as the stock market and SPY, i.e., they should be more significant.

Do you find any value in the ETH pivots?
 
Quote from Laissez Faire:

I always used RTH since those hours are the same as the stock market and SPY, i.e., they should be more significant.

Do you find any value in the ETH pivots?

I usually use the RTH also, but found it noteworthy that 99.75 proved to be the first support level.

Quote from Laissez Faire:

As Keeptrading already knows, 1306,25 can still reverse this up leg. :)

I am offering 06 to get short. :)
 
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