Yeah, 883 or 872, or 816...Let's get it done today! What is it, TDAY? Today is also 11-11 I am looking for a big down move today then reverse late in the session or tomorrow, and then rally until next Tuesday, 3 days before options expiration.
882 is the first single letter on the 10/27 mp chart that started the last hour rally,so its more of a minimum retrace than supp,and the 862-64 is the nip for that day.its the closest untouched nip under 900
Since a number of traders here have mentioned the 60min chart, I was hoping to get some opinions. Is there a definite consensus on whether the hourly chart should begin and end on the top of the hour or at the half hour? For those that only look at RTH instead of 24hour charts does the trading from 4 to 4:15 Eastern count as RTH or not, and for RTH pivot points do you use the 4pm or 4:15 close?
if you are using in my case TOS,the bars will start and end on the hour ,and i include 4-415 in my last hour bar,it rally doesnt matter where you start and end the bars,they are just giving you the gist of the overall trend,you start with monthly,weekly daily,4 hr,2 hr ,1 hr, 30 min ,5 min,wherever you can find an edge,it works different for everyone
11-10-08 01:29 PM 11-10-08 11:51 AM Long with 20 @ 913.00 Initial stop 884.50 Staying long here with the same stop Position closed at 890.00 for loss of 23 points per
That is who I am trying to change. I want them to change to the half hour for the 60min and change their RTH to include the 4:15 close for futures. I just wanted to get some additional opinions.