Most of the derivatives that play a more prominent role in the economy are truely controlled by the largest money pool. Central Gangsters.
ES Journal - 2016
- Thread starter Buy1Sell2
- Start date
Almost always and same day?
In terms of percetange what is this number to you?
Because it's certainly not 90%+, it's far from it, so you are misinforming.
I have a thread on the topic and this rule has been mentioned several times in the previous ES Journals:
https://www.elitetrader.com/et/threads/pekelos-2nd-gap-rule.75045/page-3#post-1520662
It is pretty damn close to 90%, actually the % started to go down only after the Brexit... By the way if you don't know the real number how can you say I am misinforming?
Also I have a Journal called Gapwatch for exactly this reason, to keep track of the gaps...
"Almost always" is not 70%, not in my book, and yes, I knew the stat, read and did a lot of studies in the past, thanks and inspired by Lawrence Chan, recommended.
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