if you reverse that10 point theory,expecting 08 to fil in today,you in theory could have shorted 18 ,didn't ,but something to think about
Data leaked 3 minutes earlier than the scheduled release time listed - Empire State Manufacturing Index
Pek my friend, I've been following this thread for over a year now and have never taken the "T" day comments as anything more than a topic run amok. I have never seen anyone comitting it as a strategy, but only as a caution based on a period where several reversal runs on big trend days occurred on a "T" day. Not sure how or if someone can post a trade based on "T" day. I have personally sat on my hands on a poor r/r trade because I have seen too many massive runs up in the final hour for no logical (or even illogical, LOL) reason. r10 is now an area I watch. Not a signal, but a caution for a better entry. My $.02
Do you happen to know anyone who was shorting a right shoulder around 1118 last night who pm'd you and was looking for 1108 dec ?
Ditto (We have gap fill at 1116 Dec above and 1105 below from a couple of days ago - I say we close both today: probably first 1116, then 1105 - or in the inverse order if that's more painful).
Hi Everyone, I wanted to know your 2 cents on the following (i know there is no right or wrong on this, just wanted to know your opinion) When you setup your charts, do you use the daily period (8:30 to 15:15) or the 24 hour? For example MA's are completely different (i trade pull backs to the MA's) when you use each one of the period... Thanks in advance