S&P FUT forecasts

We closed at 1531 which was also HOD. Honestly, I just didn't see a 20 pts rally for today. Specially not easily.

Just out of curiosity, what do you use for these predictions? I mean you said MA and RSI, but those don't give you target just direction....
 
Quote from Pekelo:

We closed at 1531 which was also HOD. Honestly, I just didn't see a 20 pts rally for today. Specially not easily.

Just out of curiosity, what do you use for these predictions? I mean you said MA and RSI, but those don't give you target just direction....
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Yep, it was not easy and level was not reached. It was my view on the strengh of SP, and I was targetin that piont, but my exit was with close point of the day...

Predictions & levels are result of mathematical method used

GL
 
I don't want to criticize you too much too soon, but the model you are using sucks. So far it has been 50/50 at best after 6 calls, and that is exactly what my Coin and Rennick's ball achive in the long run.

What is the expected correctness ratio of your model? I would want at least a 70+% hit rate from any model that prizes itself with having predictive ability....
 
Quote from Pekelo:

I don't want to criticize you too much too soon, but the model you are using sucks. So far it has been 50/50 at best after 6 calls, and that is exactly what my Coin and Rennick's ball achive in the long run.

What is the expected correctness ratio of your model? I would want at least a 70+% hit rate from any model that prizes itself with having predictive ability....
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As I've just started to use this model with SP I am not now worried about results comin now...too early to say...my previous tests of model gave me at least 75% of profitable trades...real trade shows the minuses of it....but I'll continue real trades for now to reach exact numbers...
 
fwiw,i would`nt want to be short here in front of this explosive 30 min formation........measurement from 44 is 25 handles or 69/70 target on Es.................conservative buys woulde be between 34/40 should we see that level which i doubt.
29/30 would be pushing to negate the IHS,imo.....we go north^^
 
Quote from Spooz Top:

fwiw,i would`nt want to be short here in front of this explosive 30 min formation........measurement from 44 is 25 handles or 69/70 target on Es.................conservative buys woulde be between 34/40 should we see that level which i doubt.
29/30 would be pushing to negate the IHS,imo.....we go north^^
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another 10 points ^ & we`d have our target met.....if we get there today,i`ll be looking for a reactionary move of 40% from swing lo.

1st target of 52 was a Louisiana move.......blew by you.
 
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