ES Journal Archive (2006 - 2008)

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ok, this is stupid question probably, but.. that 'DA line' bighog referred to.. i'm guessing it was a median pivot point gathered from a measured opening range? he was looking at breakouts on either side i assume (the +/- 6 ?)

i was just curious, and wondered if i had interpreted it properly. i haven't heard the term daline before..
 
Quote from Buy1Sell2:

06-19-08 01:59 PM



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Quote from Buy1Sell2:

long again 25 @1339.75

Initial stop 1331.25
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Sell stop raised to 1341.25

Will take profit if possible at 1352.50
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I see that you're moving your stops a lot quicker than before. You used to allow breathing room for your trades to develop but not so in the last 4 trades or so. Why the change?
 
Quote from volente_00:

What's a T day theory ?


:D
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The T day theory states that on days beginning with the letter "t," markets go up (as they did today) -- unless, of course, they go down (as they did on Tuesday).

All-in-all, a marvelous theory.
 
Quote from volente_00:

What's a T day theory ?


:D
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I'd really love to see this theory backtested. It should be simple right? Buy on Tuesdays and Thursdays at open and sell at close. Anything over 65% profitable trades and I'd be impressed and there would be a quantifiable edge there. I'm going to get this done.
 
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