ES Journal Archive (2006 - 2008)

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Hi Dan,

Do you know how the eSignal generates the prediction for the price movement for the rest of the day? what are the basis for the model?

Or if anyone can shed some light on how to compute such a prediction.

Thank you.

Harry
 
Quote from Buy1Sell2:

Romik, you are correct. I'm just trying to show folks the more opportune set ups and sometimes forget that others may not want to get in on the ones where not everything is lined up just perfectly. My point is that they are better when there is more confirmation and it pays to trade those only when beginning to try them :)
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Also, it is no wonder that this hourly BLD is HIST did not work out, Oil futures and situation in the ME has "prevented" this BLD from triggering a bounce.

Just to mention, I have watched "Syriana" yesterday, recommended.
 
Quote from romik:

Also, it is no wonder that this hourly BLD is HIST did not work out, Oil futures and situation in the ME has "prevented" this BLD from triggering a bounce.

Just to mention, I have watched "Syriana" yesterday, recommended.
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It has however, at least stemmed the tide and provided an area of support which is showing itself in the 240 as well now. If it drops, it drops, but we have a better opportunity here since the 240 is basing too.
 
Quote from piggie:

Hi Dan,

Do you know how the eSignal generates the prediction for the price movement for the rest of the day? what are the basis for the model?

Or if anyone can shed some light on how to compute such a prediction.

Thank you.

Harry
More...

Yes,I am curious about that as well. Is it a paid subscription or something E-Signal offers
 
Quote from Buy1Sell2:

It has however, at least stemmed the tide and provided an area of support which is showing itself in the 240 as well now. If it drops, it drops, but we have a better opportunity here since the 240 is basing too.
More...

OK, point taken, I'll reword it - no wonder it did not work out upon immediate completion of the BLD formation...
 
Bullish divergene with YM here stop at low is not to far away either, which helps. might test down to 1231.50 as well. staying long for a while.
 
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