Is it possible to know when ES Futs could make a big move based on General info

[Overnight]

Thanks...but...

How would I use that to prove to someone that wants factual evidence that today's tweet by President Trump impacted the market performance in the S&P 500 ?

I'm being funny by the way when someone ask for factual evidence although I believe one day there will be legitimate studies to prove such regardless to the fact that I was watching real time news when the tweet hit the market and then I saw in real time how the market suddenly (understatement) reacted to the tweet although there was an outside chance the other guy in the debate that stated it was "pure TA selloff"...nothing to do with a tweet.

wrbtrader

The point of my reply is that you can get machine-readable news, feed it into an algo, and have it make trades for you based on the incoming messages, like Mr. Gumby stated. You have to pay for that data feed, but it is there.

 

[wrbtrader]

The point of my reply is that you can get machine-readable news, feed it into an algo, and have it make trades for you based on the incoming messages, like Mr. Gumby stated. You have to pay for that data feed, but it is there.

Do you know anyone doing such and are successful (names don't need to be mention) ?

I wonder if the market reaction like today will encourage algorithm traders to move into this type of social media algorithms

wrbtrader

 

[Overnight]

Do you know anyone doing such and are successful (names don't need to be mention) ?

I wonder if the market reaction like today will encourage algorithm traders to move into this type of social media algorithms

wrbtrader

No, I know nobody in the trading world in person. As for "this type of social media"? As evidenced today, the MRN algos have simply added the Trump Twitter account into their input stream. The moment that 3rd of 4 tweets hit, markets dove. Nothing else can explain the rapid response.

 

[Handle123]

There are likely hoods where patterns show are ripe to reverse but they are 50/50, but even being 50/50, one can make sensible targets, but you be studying years to figure them out, plus you have to learn how to hedge for the other 50% you losing.

 

[Overnight]

There are likely hoods where patterns show are ripe to reverse but they are 50/50, but even being 50/50, one can make sensible targets, but you be studying years to figure them out, plus you have to learn how to hedge for the other 50% you losing.

The upshot of all of this is that I now must go back to the original method I learned, which was fixed R:R ratios. GAWD I hate them. But post-2017, so long as Trump is in office, and algos exist, I have no choice.

This is the second time I got bit by a Trump tweet about trade during a swing. There cannot be a third time. I do not like him.

 

[murray t turtle]

Hi Guys,

Is it possible to know when ES Futs could make a big move like maybe more than 50 - 60 points in a day or more than 100 points in a week perhaps ? The idea is to avoid making a trading around this.

So if there is a way to know when ES could possibly make a big move (not 100% of the moves but at least 90%) - that is what I am looking for to not trade around. I guess as an example we could take fed rate announcements, other such announcements etc which would likely make the ES move big. The question is, is it possible to know 90% of occurrence of those moves ?

Thank you

%% One hint;
when cash SPY or QQQ never fills your tight limit order, today. TO quote PT Jones'' BUY @ market''[Edit. I'm no PTJ ;but great uptrend quote anyway]