Kudos to MMs
- Thread starter nitro
- Start date
SPX, 1259.66. FV, 1111.79. OFV, 1344.29. POFVF, 1330.29.
Note that POFVF is now below OFV, but both are considerably above SPX, let alone FV. But this means POFVF is predicting a slowdown in momentum, so at best all SPX can do is catch up.
I don't know. This is all uncharted territory for me. I think SPX goes higher (1300 ish ?) short term, and the [agile parts of the] system does too. Staying flat for now...
Note that POFVF is now below OFV, but both are considerably above SPX, let alone FV. But this means POFVF is predicting a slowdown in momentum, so at best all SPX can do is catch up.
I don't know. This is all uncharted territory for me. I think SPX goes higher (1300 ish ?) short term, and the [agile parts of the] system does too. Staying flat for now...
SPX, 1244.37. FV, 1115.07. OFV, 1370.19 POFVF, 1266.57.
Long 2 units SPX 1244.37. I am actually long from 1242 (support), but I got super busy and can't post exactly when I enter a trade. No matter, L 1244.37.
This is uncharted territory because it is a trade that is being taken in the direction of OFV and POFVF, not as a control of units 2 and 3 (normally profit taking), but as a directional trade in its own right. As you recall, the idea of OFV and POFVF were to control profit taking of units 2 and 3 in the direction of FV. For now, I am allowing these two to take short term trades in their own direction.
Long 2 units SPX 1244.37. I am actually long from 1242 (support), but I got super busy and can't post exactly when I enter a trade. No matter, L 1244.37.
This is uncharted territory because it is a trade that is being taken in the direction of OFV and POFVF, not as a control of units 2 and 3 (normally profit taking), but as a directional trade in its own right. As you recall, the idea of OFV and POFVF were to control profit taking of units 2 and 3 in the direction of FV. For now, I am allowing these two to take short term trades in their own direction.