ES Journal Archive (2006 - 2008)

Status
Not open for further replies.
Quote from Buy1Sell2:

Thanks although we didn't hit 1300, so it's kind of a bad call no?

Same sitituation as a number of posts ago...

we hit a 1 percent volitility band at 1297 and a weekly pivot... on poor upVol - dnVol difference (no commitment) ...

at 1% percent volitility band you have 68 percent chance of retracing to the mean and only 32 percent chance of moving forward... and on low upVol dnVol diff the percentages way even heavier for a retracement...

divergences are ODDS plays... to get in and these are ODDS plays to exit out...

cj...

:)

__________________
HAVE STOP - WILL TRADE

If You Have The Vision We Have The Code
 
Quote from romik:

it was, maybe still is, a GREAT call


Thanks--you're very forgiving! One thing about this journal---we get our thoughts out there in real time.
 
Quote from Buy1Sell2:

Thanks--you're very forgiving! One thing about this journal---we get our thoughts out there in real time.

look, one has to consider the price level at the time of making a call and how close %age wise your estimate was in line from initial level.
 
Quote from romik:

look, one has to consider the price level at the time of making a call and how close %age wise your estimate was in line from initial level.


:)
 
Status
Not open for further replies.
Back
Top