Magnificent hammer on 15-min. Couldn't resist. Short from 1511.25 and putting it on autopilot while I pull a disappearing act.
Edit Previous NQ trade closed with -1 pt. Finally we made the breakout. Selling 1/2 of the AAPL Calls with 70% profit on a new ATH for Apple. Quicker than expected...
Then why do you keep responding ? If you don't like my edge then put me on ignore but quit making up lies about pinning when I have never said anything about it. If you are too freaking close minded to understand a basic concept such as correlation between markets then you will never get it. Have a good weekend.
market had all the ingredients..to rally significantly today.. engineered...the MM's that bought at the low end of the ATR low 1400's, selling up top.. I posted that selling would come in above 1510.. a possible goal is to coil the market..
Apex, Could you expand on this a little? Maybe I am missing the point but I don't see what you are seeing. NFP : next week's SPX 1/5/07 +21.02 2/2/07 -10.33 3/9/07 -15.89 4/6/07 + 9.09 5/4/07 + 0.23 6/1/07 -28.67 7/6/07 +22.06 8/3/07 +20.58 9/7/07 +30.70 10/5/07 + 4.21 11/2/07 -55.95 Looks like 7 up and 4 down, which has an upward bias but not really statistically significant.
nice stats.. but this pattern is a lot more prevalent if you take the past 3-4 years. There is also the rise starting the week of or before the nonfarm which is a very high probability. The following week may have closed up but check out the following couple days after the report was released. Its one of the best edges I have seen with any reports.