And no, I did not miss short call if you look at my results.
ES Journal Archive (2011)
- Thread starter Buy1Sell2
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And no, I did not miss short call if you look at my results.
Posted below is a daily continuation chart of ^gspc since the head and shoulders breakdown from 1353. The bar and line represents spreads from month to month and rates of those spreads. It's the sum total of returns, lagged returns, EWMA and daily expected returns using the square root of time fractionated to graph day to day odds of ranges of a month; currently betting at 91.5.
The best odds still unbeaten were 10:1 the Summer of 2007 at 1140 -1114. From there it's out of favor long 1180-1150. A breakdown here could go to 1064 rather quickly. They're still trying to buy 1241, though. But it could be a grace period so to speak to honor stops being wrong before the malicious meltdown. That's my bias anyway.
Where are you at in your analysis?
The best odds still unbeaten were 10:1 the Summer of 2007 at 1140 -1114. From there it's out of favor long 1180-1150. A breakdown here could go to 1064 rather quickly. They're still trying to buy 1241, though. But it could be a grace period so to speak to honor stops being wrong before the malicious meltdown. That's my bias anyway.
Where are you at in your analysis?
Not knocking your analytical capabilities one bit but I am not smart enough to look at the market like that.
The 2 main time frames i follow are 60 min and daily. Daily to me is still in a overall downtrend. 60 min showing consolidation from the last run up. Lets see what tomorrow brings.
what kind of stop will you use ?
FoN
cover 67
Short 69
Stop 89
Stop to entry at 49
FoN
Stop 89
Stop to entry at 49
FoN
Same old son and dance every Sunday night, Merkel smiled futures see this as a positive sign and rally 2.00% overnight. America wakes up Money to see LOOKS LIKE A HIGHER OPEN ON WALL STREET.
The masses head off to work feeling pretty good.
The masses head off to work feeling pretty good.
Longs get comfy and their hearts get ripped out again. Nothing has changed in Europe and nothing will.
I guess they will nationalize all banks...lol. Kind of strange that currency markets view this as bullish but price action is price action. If you are short, have a line in the sand and hold it cause if this market squeezes shorts, it could be quite substantial.
1196 is a 3.5% move from fridays close. Can it get there with bond market closed and no economic news, absolutely.
I am still short my 2 contracts from Friday. Will look to add to position today based on what I see.
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