02/14 pivots are 10/35 11/30 12/30 13/00 14/20 (major) 15/10 before 14/20 EST, the first major point, trading longs above 1355 (for SPX index) is conservative strategy. Shorts are risky here. My plan is to buy minimums near pivot times.
So, what to do if the market does not show desirable scenario? Look at picture - no minimums near pivot times. Simple. Either trade risky shorts or be flat up to the 14/20 EST.
Yesterday's pivots worked nicely. Impressive indeed! Thanks to posting them everyday... that's a great insight to trade.
thanks, my model does not remain the same. I have found the way to improve the quality of my forecasts on iterate manner.