Two direct quotes from two well respected authorities on the S&P contract. 1. The Compleat Day Trader (Jake Bernstein) page 53 " As soon as...
I'm pretty sure I'm right about the 100 pts in the SP future. On the weekend I will post this concept in more than one well documented source. Or...
I would not rule out any day just because of a key event. However, I would definetly let the event pass and let the dust settle. I think on...
I have never traded on the floor. It is my understanding that the SP futures moves 100 pts per 1 point in the SP cash. This is give or take not...
You get the 60- 80 pts, or more from a very fast move in one direction. This tends to happen often enough right near the open.
I think I should make one thing clear. I'm talking about entering to anticipate the open in the U.S. from the time of 8:20 a.m. (et) to 9:25 a.m.
I have tried to anticipate the open for a long time in the U.S. equity index markets. Many times if you get this trade right you get 60 or 80 ym...
I agree classical TA is the norm so in the big picture you can't get to far ahead if you use it just like everyone else. You must use it...
Nice supp./ resis. respect
Its not exactly contrarian thinking. Sometimes yes and sometimes no. A better description is that I'm fully versed in the principles of...
I'll be looking for a nice setup to fill the gap in the q's
I think the creator of this thread had an excellent idea with this concept. In my opinion this is the correct path to follow if you ever want to...
There is much to learn from todays action for students of the markets. Todays long entry off the bottom was the perfect example of quality market...
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