I am thinking about going short in the YM late today 03.22.07

Discussion in 'Index Futures' started by ElectricSavant, Mar 22, 2007.

  1. You nearly topticked that sucker. :(

    Seriously rcj... I've been toying with night trading. I've only used this idea in Sim mode, but it has merit.

    As you know, I inject a time factor into my trades. But nite session is (normally) so volume deprived, I needed a way to counter the time aspect. Enter P&F (point and figure) charts...

    1) By design, P&F is time neutral.
    2) By design, P&F is volume neutral. Strictly based on price action. :cool:
    3) I use 1-tic box, 3-tic reversal, with textbook interpretation.

    Worth a look, imo, to see if it useful to you.

    Osorico :)
     
    #781     May 1, 2007
  2. Just checking to see if anyone is paying attention...

    How 'bout that total lack of interest as YM makes fresh intraday hod! Too soon to make much of it, imo, just an observation.
     
    #782     May 2, 2007
  3. Boib

    Boib

    Even the DOW stocks although most are up on the day are not showing any volume.
     
    #783     May 2, 2007
  4. rcj

    rcj

    short 1 271 couple min ago

    sptd -18 i think.... two winners....real good. that wuz HOD. wonderful!!! i win....
     
    #784     May 2, 2007
  5. Just having some fun on a feeling...

    S @288, stop @295, 1/4 position

    The feeling... an urge to try to pick a top :eek:
     
    #785     May 2, 2007
  6. rcj

    rcj

    295 = ok...should be....
     
    #786     May 2, 2007
  7. rcj

    rcj

    supp 270 area
     
    #787     May 2, 2007
  8. Minimal @270. Much more meaningful @250 area.

    jmho
    Osorico :)
     
    #788     May 2, 2007
  9. rcj

    rcj

    ok...yeah...i see it now...betwn 1245 and 1 est. .rt at bottm of current trend
     
    #789     May 2, 2007
  10. Lucrum

    Lucrum

    Joined you also at 13271 just a moment ago.
     
    #790     May 2, 2007