Kudos to MMs

Quote from nitro:

Convergence to ANFV happening in realtime (NFV is the first number, ANFV the second. Ignore the other two - tests):

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don't see any numbers
 
NFV 1104.41. 1163.52. SPX 1159.32.

Nothing to do. We got close to being able to take profit on the "60" units when SPX went to 1157...Some guessed and took profits on the overnight dip to -10 ES.

Notice that NFV and ANFV have diverged somewhat.
 
Too early to tell, but ANFV looks to be an excellent daytrading vehicle. Until we see a downtrend though, it is not clear. But at least in this uptrend, it is unconscious, with convergence to it coming from below and above, sometimes multiple times during the day.
 
NFV 1107.16. ANFV 1168.23. SPX 1163.81.

Notice that ANFV has strengthened, and the divergence is ~ 5. If ANFV stays here (or go higher), SPX will likely go higher and converge to it by EOD.

In other words, it is worth a daytrade long here until convergence or EOD.
 
Quote from nitro:

NFV 1107.16. ANFV 1168.23. SPX 1163.81.

Notice that ANFV has strengthened, and the divergence is ~ 5. If ANFV stays here (or go higher), SPX will likely go higher and converge to it by EOD.

In other words, it is worth a daytrade long here until convergence or EOD.
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NFV 1106.90. ANFV 1167.68. SPX 1166.01. Almost convergence, about + 2.5 handles if you exited daytrade here (excluding slippage.)
 
NFV 1108.10. ANFV 1169.21. SPX 1,167.68.

Still no 100% convergence with SPX and ANFV, but I would not want to hold long into 1172 SPX.
 
Quote from nitro:

NFV 1108.10. ANFV 1169.21. SPX 1,167.68.

Still no 100% convergence with SPX and ANFV, but I would not want to hold long into 1172 SPX.
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Not hold long????? great advice coming from the guy short and out "how many handles?"
 
Quote from nitro:

... but I would not want to hold long into 1172 SPX.
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Because that would be profitable???

Closing the 63 long at 67. I actually screwed it up, because I should have averaged in at 53 or so, according to your rules. The point of the trade was that you can almost randomly enter anywhere (I did it at a height) as long as you are trading with the trend....

Don't fight the trend...
 
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