Tuesday 11:10

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Walther

Tuesday 11:10est is another strong signal for SPX, SP 500.
If someone will take a look at it, all you do is to watch divergences develop and try to decide on a direction of a trade .
Majority of these signals are reversals, some were suggesting to use them as a pullback entries with existing trend.
Walter
 
Quote from ttrader:

You're working with Fibonnacci time units ?


ttrader
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No fibonacci . I have developed a math formula which measures size and length of previous and recent swings and then projects result forward and then confirming it with a geometrical method( fancy name for a bunch of trendlines ). Good thing about it is that by using simple divergence method to determine direction you can use very tight stops and accuracy is above 80% .
Thanks,
Walter
 
Quote from nkhoi:

just watch every 5m
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Nothing wrong with that, I just do not want to be chained to the screen for a whole day . By using my method, I have identified areas with 80% possibility of profitable trade and can ignore the rest of the action if I choose to do so . It gives me more control and less losing positions.
Thanks,
Walter
 
Quote from Walther:

By using my method, I have identified areas with 80% possibility of profitable trade
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Too bad the "calls" you've made so far aren't anywhere near that.
 
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