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keeptradin'

Registered: Feb 2004
Posts: 1419

04-13-12 02:25 AM

Buy the Open.

Ten point target, ten point stop.

If neither is reached, MOC.

Actual trade results to be posted beginning 4/13.

Thoughts...

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empee

Registered: Jan 2005
Posts: 1256

04-13-12 02:30 AM

intraday price action usually negative.

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keeptradin'

Registered: Feb 2004
Posts: 1419

04-13-12 02:31 AM

Quote from empee:

intraday price action usually negative.

Is that from backtesting?

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ocean5

Registered: Feb 2012
Posts: 934

04-13-12 02:43 AM

Quote from keeptradin':

Thoughts...

Yes,it could be very simple if you start in October and shut it down by the end of March,then switch and repeat it all vice versa.

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dom993

Registered: Jul 2008
Posts: 541

04-13-12 03:36 AM

I would suspect the Day of Week has a meaningful impact on the trade outcome ... specifically, in a bull market, you'll probably see price going lower Monday / Tuesday (more losers on these days), then going higher the remainder of the week (more winners on those days) ... and the reverse in bear markets.

You could look for a similar effect for Time of Day, too.

I am sure you did backtest this, care to share these results?

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empee

Registered: Jan 2005
Posts: 1256

04-13-12 04:20 AM

Quote from keeptradin':

Is that from backtesting?

yes, this generally for stocks, and definately indexes

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