S&P 500 daily watch

Quote from VOLUME:

Good luck trying to sell your "system".

A sucker is born every minute, someone is bound to believe your nonsense.
More...

I do not sell my system it is just too valuable .

I think that you are a living proof of that . If you do not believe there is any value in mathematical or geometrical predictive method, why bother ? You know , deep inside that you are my #1 fan .
 
Quote from riskarb:

OMG, thanks for the chuckle... good trading walter.

riskarb
More...

I know, I know.. I believe in talking to people on their level and that gem came just out..


Next signal is at 13:15 and 14:15-20est Today accuracy gets better because there is no 2 day delay like it is on Monday .
Problem is just to know magnitude or importance each of a predictive tops or bottoms .
Market is cyclical and has inner order and this journal is a hint at that.........
 
I 've got couple of e mails about time frames. I strongly urge using of a 5 min charts for primary signal selection and then use 2 min charts to pinpoint actual entry at the predicted time. One min charts are just too busy and indicators I use show much better signals on 2 min charts .
Use today as an example. Put 5 min chart of S&P500 on your screen and plot todays posted times on it. Then do the same on 1 min chart. See what is clearer to you.
 
Signals for Wednesday are 9:40,10:25 12:00 and 14:15est.
Today was pretty good, look on 5 min charts and compare them with times posted yesterday.
 
Today was unusual day, this kind of price movement is very hard to daytrade because it requires longer then usual holding periods.
Signals for tomorrow are 9:45, 10:50, 13:40 and 14:00est
 
Finally return to normal patterns, those speeches and announcements always disrupt natural distribution rhythm. Signal at 9:45 was 5 min late but I am not complaining.
 
Signal at 10:50 was right on. There is a triangle developing and if there are no breakout of triangle trendlines, there should be drop shortly after 12:35 .
 
You must log in or register to reply here.
Back
Top