Is intraday timing of tops and bottoms method known by anyone?

[Walther]

To swoop,
I can predict future moves( in time ) with about 65-70% accuracy in Bonds.
and E minis. I was looking and still do for someone who is doing something simillar and possibly develop a method which would predict time and price at the same time. Impossible ? Maybe for now.

Because everybody is doing or not doing something is not at all measure of right approach . I am sure that you are well aware of the fact that about 80% of a population is just a cannonenfutter, so following them is not a great idea.
Walter

 

[Walther]

to Mercury 77
To be a market maker , do you have to live where exchange is or can it be done from more sunny locations? I use to write Bond options, but it was too long term for me .
Walter

 

[Mercury77]

Quote from Walther:

to Mercury 77
To be a market maker , do you have to live where exchange is or can it be done from more sunny locations? I use to write Bond options, but it was too long term for me .
Walter [/QUOTE

It's possible to trade from any location as long as you have a fast and reliable internet connection.

 

[Walther]

Quote from Mercury77:

Quote from Walther:

to Mercury 77
To be a market maker , do you have to live where exchange is or can it be done from more sunny locations? I use to write Bond options, but it was too long term for me .
Walter [/QUOTE

It's possible to trade from any location as long as you have a fast and reliable internet connection.

I knot hat is possible to trade from anywhere, but is it possible to capture spread if you are based off exchange floor ? I would be definitely interested to participate in that.
Thanks

 

[larrybf]

BOBCATHY1 suggested using bollinger bands as a reversal tool. i admire her postings but on this i must raise a red flag. % wise BB reversals are greater than 50+% but i have been burned several times real bad when the trend shot to the moon without reversals. USE STOPS ALL THE TIME.

 

[ElCubano]

Quote from inandlong:

Okay I know practically everyone here poos-poos Pristine and Oliver Valez. "Master marketer" instead of "Master Trader"!

However, in his book "Tools and Tactics for the Master Trader", Valez writes, "These reversal times...are generally so accurate that many of our students and subscribers familiar with the concept stay perpetually amazed. It should be noted that these reversal times are intraday in nature. They serve as a valuable tool for micro traders who constantly look to exploit small price moves throughout the day."

The reversal times are as follows: 9:50-10:10, 10:25-10:35, 11:15-11:30, 12:00-12:15, 1:15-1:30, 2:15-2:30, 3:00, and 3:30.

I have not looked at these time per se, so I cannot speak from personal experience. But they might be worth a look.

Time periods
9:50- 10:10
10:25- 10:35
11:15-11:30
1:30- 1:45
2:15-2:30
3:00- 3:15
3:30- 3:40

 

[goldenarm]

I've personally never found any consistent reversal times or time periods. I like to look at overbought and oversold stochastic conditions and look for quick reversals in the futures (or same sector stocks) and steep crossings of the %K and %D lines. The timing of these reversals (if they DO occur) can be at anytime during the day. You just have to keep your finger on the trigger at all times and be quick to cut losses if you're wrong.

 

[Walther]

Quote from goldenarm:

I've personally never found any consistent reversal times or time periods. I like to look at overbought and oversold stochastic conditions and look for quick reversals in the futures (or same sector stocks) and steep crossings of the %K and %D lines.
You are correct. intraday timing of reversal can be done but there are no consistent times to trade every day. My method takes previous significant higs and lows together with size of the swings and calculates time in the future ( intraday ) where high probability exists to place succesfull trade.
Walter

 

[nitro]

Quote from OldTrader:



Some of these times actually make some sense:

1) 10:00 AM EST. Usually there is economic news announced at this time...and may well set the trend for the morning session. Whether it's a "reversal" though, or simply a continuation of what has already started would of course depend on the news.

2) 12:00 Noon EST. The New Yorkers go to lunch! It seems to me that many times the market will reverse here, if only briefly, maybe because the New Yorkers liquidate positions prior to lunch. LOL. Trying to create a rationale here folks...so don't anyone post that New Yorkers don't go to lunch.

3) 1:00PM EST. New Yorkers return from lunch. And in my opinion typically try to move prices the way they were going prior to lunch. If it doesn't work they take them the other way.

4) 2:30-3:00 EST. Somewhere in this general time frame is the beginning of the last hour move. If there's going to be a move in the opposite direction, it may assert itself around this time.

5) 3:30-4:00 EST. Sometime in this time frame there tends to be contra moves to the days trend where the daytraders who were right on things tend to close positions. Market tends to get buffeted a little right before 4PM when the daytraders have to close or get charged overnight margin.

I don't know that anything could necessarily be systematized out of these times. But there are some rational reasons why something could happen at these times. For those that have been reading my posts though, you probably already know that my attitude would be you're better off watching the market for clues on what to do, than watching the clock.

OldTrader

Old,

Yes, there are certain logical reasons to believe that those times may have "structure." I just haven't found a way to exploit it faster or more efficiently than my competitors. As my usual disclaimer would state, that may say more about me than anything else...

nitro

 

[ArchAngel]

If you look through the intraday charts of the S&P, 10am and 3pm will probably pop out as the most frequent timeframes to see significant price reversals or at least counter directional moves (especially when there's a gap open).

4:00-4:15pm in the index futures also seems to have a lot of counter moves if the equities didn't undergo a last hour pullback.

Reason - it takes about 1/2 hour for all the opening order momentum to wash out and intraday trading programs start going flat during the last hour.