Kudos to MMs

Discussion in 'Chit Chat' started by nitro, Oct 23, 2008.

  1. don't see any numbers
     
    #2041     Oct 11, 2010
  2. nitro

    nitro

    Whoooops! I uploaded the wrong image.

    Here

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    #2042     Oct 11, 2010
  3. nitro

    nitro

    NFV 1104.41. 1163.52. SPX 1159.32.

    Nothing to do. We got close to being able to take profit on the "60" units when SPX went to 1157...Some guessed and took profits on the overnight dip to -10 ES.

    Notice that NFV and ANFV have diverged somewhat.
     
    #2043     Oct 12, 2010
  4. nitro

    nitro

    NFV 1105.11. ANFV 1163.68. SPX 1163.53.

    Convergence with ANFV again.
     
    #2044     Oct 12, 2010
  5. nitro

    nitro

    Too early to tell, but ANFV looks to be an excellent daytrading vehicle. Until we see a downtrend though, it is not clear. But at least in this uptrend, it is unconscious, with convergence to it coming from below and above, sometimes multiple times during the day.
     
    #2045     Oct 12, 2010
  6. nitro

    nitro

    NFV 1107.16. ANFV 1168.23. SPX 1163.81.

    Notice that ANFV has strengthened, and the divergence is ~ 5. If ANFV stays here (or go higher), SPX will likely go higher and converge to it by EOD.

    In other words, it is worth a daytrade long here until convergence or EOD.
     
    #2046     Oct 12, 2010
  7. nitro

    nitro

    NFV 1106.90. ANFV 1167.68. SPX 1166.01. Almost convergence, about + 2.5 handles if you exited daytrade here (excluding slippage.)
     
    #2047     Oct 12, 2010
  8. nitro

    nitro

    NFV 1108.10. ANFV 1169.21. SPX 1,167.68.

    Still no 100% convergence with SPX and ANFV, but I would not want to hold long into 1172 SPX.
     
    #2048     Oct 12, 2010
  9. nltro

    nltro

    Not hold long????? great advice coming from the guy short and out "how many handles?"
     
    #2049     Oct 12, 2010
  10. Pekelo

    Pekelo

    Because that would be profitable???

    Closing the 63 long at 67. I actually screwed it up, because I should have averaged in at 53 or so, according to your rules. The point of the trade was that you can almost randomly enter anywhere (I did it at a height) as long as you are trading with the trend....

    Don't fight the trend...
     
    #2050     Oct 12, 2010