Watch SPX , S&P 500 at 12:25est

Why did you wait until around 1/2hr-45mins later before saying what the trade was. Can you explain why you will not post a message on ET 'as' you take (or see) the trade.
 
Quote from Walther:

If this setup as seen on 2 min charts happens before 11:50 and past 13:30
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50 bars is an enormous window. absolutely hugely enormous. converting your 2min setup to daily bars yields an equivalent window 50 trading days wide. that's 2.5 trading months!

not too many signals that don't show up in such timeframes.
 
Quote from Walther:

Time was right on, divergence was there. If you draw trendline from Tuesday high at 1:30 to today high at 11:00 , at 12:20-25 est price has touched that trendline and turned down . I do not think this will be any significant move, but a good example of prediction confirmed with divergence and trendline . All of these are independent indicators so chances are pretty good that this signal will not put you in the harms way .
Walter
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Just for kicks, the next time you get a signal, are you able to tell where to draw the trendline in advance, or does the pattern complete itself after the predicted event occurs, and from there we can trade it?

Thanks.
 
let's see if i understand this: you're looking for a MACD/CCI divergence inside a 50-bar window centered on the time you specify.

is that an accurate summary?

Quote from Walther:

There would not be a divergence.
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Quote from inandlong:

Just for kicks, the next time you get a signal, are you able to tell where to draw the trendline in advance, or does the pattern complete itself after the predicted event occurs, and from there we can trade it?

Thanks.
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You draw trendline using highs or lows and extend it past recent action . My charting allows me to go several days into the future so I know in advance where trendlines of todays action will be in next few days. I know that not every charting package has that feature so it is difficult to picture what I am talking about.
To answer your question : I can draw trendline into the future and pattern ( confirmation ) completes after time given . Today was a very slow developing confirmation but I picked this time for that reason .
similar pattern should occur near 14: 50est
Walter
PS: If you want to I will email you chart so you can see what I am seeing.
 
Quote from damir00:

let's see if i understand this: you're looking for a MACD/CCI divergence inside a 50-bar window centered on the time you specify.

is that an accurate summary?
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No.
I do not know where that 50 bar window came from, window should be no more than 20 min. But it is up to you how big you want it.
Time posted today is 12:25 and 14:50 est. I look for divergences to start forming at these times. Like today it took almost 20 min but it worked . I used 12:20 deliberately so nobody will come and say :there is always action at 11:35.
Walter
 
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