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Trading Times for S&P 500 Tuesday-Friday
- Thread starter Walther
- Start date
Quote from Walther:
Maybe I misunderstood, do you wait for your setup at the same times every day ? If yes, how many of standard times you are watching?
Thanks,
Walter
I watch 10:00, 10:30, 11:30, 12:45, 13:30, 14:15, but most closely 10:30 and 11:30, 12:45 and 14:15. I am not necessarilly looking for setups at these particular times, but it's good to know how the market behaves at these points, and if I see some good setup then, I will obviously take it.
Except that missed it by a few seconds literally, and I am pissed. I wanted to go long 2-3 minutes after 9:50 on a pullback to the pivot, but the market moved way too fast then and I refused to chase it. There were other reasons to go long then too, but that's just a matter of my personal technical inclinations. My entry was to be at 954.5, 3-5 quick points possible easily.
9:50 was a good TT, price closed above MA and CCI divergence was completed too by 9:54est.
Note that MA's never came together and another TT at 10:30 gave another chance to join this trend.
Trading Times idea is to be able to be done by noon . If needed TT can be calculated after opening for an afternoon also . If your goal is a stress free trading, this TTmethod is the way to go.
Walter
Note that MA's never came together and another TT at 10:30 gave another chance to join this trend.
Trading Times idea is to be able to be done by noon . If needed TT can be calculated after opening for an afternoon also . If your goal is a stress free trading, this TTmethod is the way to go.
Walter
Quote from Walther:
TT for Thursday are 9:50,10:35,11:00 11:25est.
It looks like a chop fest for tomorrow. Those of you, who are interested in participating in my yahoo group, send me an email or pm.
Walter
Today was a good day for those who are using TT . All today's TT marked tradeable setups right on time . I received e mails with suggestions on improving our MA and CCI signals . I will try to include those in next week tread. If anyone has any suggestions feel free to pm or email them to me.
Thanks,
Walter
I think Longshot was the first person I ever put on the ignore list.
Quote from Walther:
9:50 was a good TT, price closed above MA and CCI divergence was completed too by 9:54est.
Note that MA's never came together and another TT at 10:30 gave another chance to join this trend.
Trading Times idea is to be able to be done by noon . If needed TT can be calculated after opening for an afternoon also . If your goal is a stress free trading, this TTmethod is the way to go.
Walter
Walther,
what time frames do you mean when talking about MAs and their crossings?
I agree that the other times could have been played as pullbacks, but their potential seemed limited to me compared to playing the pivot rebound ca 9:50.
The 10:30 pullback was close to R2 which was not even reached. The last two times could have been played as a rebound off of the R1 level and the 38% FR, but you would have to be careful because the support at R1 eventually failed. There was little strength in these two rebounds anyway.
Quote from Walther:
9:50 was a good TT, price closed above MA and CCI divergence was completed too by 9:54est.
Note that MA's never came together and another TT at 10:30 gave another chance to join this trend.
Trading Times idea is to be able to be done by noon . If needed TT can be calculated after opening for an afternoon also . If your goal is a stress free trading, this TTmethod is the way to go.
Walter
10:30 gave you a chance to join the trend alright...joint it right at the TOP. (dam near) and why not 10:23 or 10:10 or even 10:13. (pick any #):-/
also, 9:50 is a well known pivot point..big deal.
and what happened to 11:00 AND 11:25?? huh? there was a real chance to get caught in the chop.
nice calls. your gonna have to do better than that. your seeing thing that arent there.:-/