Market calls...100% accurate!

[R. Raskolnikov]

you are right, precision is much less important when you grab 10 pts. But even still, a price must be decided upon to enter the order to cover the trade. If you decided on, say, 80825 to cover and you missed by one tick and then see your trade go all the way back to your entry or, worse, blow past it, you'll understand this point a little better.

Good calls though, regardless.

Quote from ML_QUANT:

NOT when you pick up a couple of TEN points!

 

[ML_QUANT]

Quote from ML_QUANT:

I had promised myself to not make anymore calls but maybe just one more....here:
High 820 that is >825 needs to be revisited(presently 809)!

20 minutes later and it already hit 815 from the low of 807.50 which was again 1/2 point from the last call of 808!
Do you even believe this!

BTW, I went long SPY at 81.25!
Had shorted ES from 39 to 27
Sold SPY at about the same 27 ES level.
Also lots of ES and YM scalps all 100% winners.

 

[forrestang]

Quote from ML_QUANT:

I had promised myself to not make anymore calls but maybe just one more....here:
High 820 that is >825 needs to be revisited(presently 809)!

You're saying we're headed to 820?

I'm just curious, what are you basing this on if I can ask?

What did you base the move down from 840 to 810 on?

 

[ML_QUANT]

Quote from forrestang:

You're saying we're headed to 820?

I'm just curious, what are you basing this on if I can ask?

What did you base the move down from 840 to 810 on?

Actually 825 but it's already too late for entry. Presently 819!
Disclaimer:
Attention all, my calls should not be followed since they sometimes hit high DD and are for entertainment purposes only.

 

[forrestang]

Quote from ML_QUANT:

Actually 825 but it's already too late for entry. Presently 819!
Disclaimer:
Attention all, my calls should not be followed since they sometimes hit high DD and are for entertainment purposes only.

It is entertaining when people talk about the market as it unfolds.

 

[ML_QUANT]

Quote from forrestang:

It is entertaining when people talk about the market as it unfolds.

Have you seen the last Post of page Ten? This call was made when the market was hovering around it's low of the day!

edited
sorry 2 posts before last. when es was at 809.

 

[ML_QUANT]

Quote from forrestang:

You're saying we're headed to 820?

I'm just curious, what are you basing this on if I can ask?

What did you base the move down from 840 to 810 on?

From when I made the call which I think was about 810 can check it out, he rally never failed until 840. Check your chart and you'll see. A simple way of identifying a failure would be a higher high followed by a lower high for entry purposes. Mine is a bit more involved though.
808 Was the beginning of a cave left behind that needed to be filled. Again oversimplified and I look at more forensic evidence than that but these guidelines should get you on the right path.

 

[ML_QUANT]

At high 20's I'll switch bias to bearish and my targets remain 740 and 950 and I'll be long and short.

 

[ML_QUANT]

It already hit a high of 820 while I was busy writing darn it.
If it hits 820 again, I'll take some weight off of the long and put it back on at 811....presently 815

 

[ML_QUANT]

Shoot, 815 but the low of the day is now going to be tested. Unless it goes directly to high 20's already without dropping to below 13 in which case at 825 the sky will fall loose...