Midnight rally

Discussion in 'Trading' started by Rickshaw Man, Mar 24, 2005.

  1. If you can watch your ES time&sales 2 minutes before the cash close.
    Most of the time you can see the insiders tiptoe into there long overnight positions right before the cash close 100,200, even 400 contract executions. Then you can also see them exit upon the cash markets open.

    It really is what I would call easy money. These large players no doubt pass there book off to Asia traders to manage the trade. Unfortunately most of us can't do that.
     
    #741     Apr 13, 2011
  2. Have you read the entire thread. Its very clear, after following these markets for over 10 years I can tell you the overnight rise in stock index futures is no joke, it happens on a regular basis, like 90% of the time. Just track the gaps in SPY. T

    I encourage you to do some research before you spout off nonsense.
     
    #742     Apr 13, 2011
  3. idiot, if you read my post you would see i am not disagreeing (nor agreeing.i keep my edges to myself) with you. my actual point as i said previously is , again; don't you think other traders who do well see the same current trends?
    good luck.
     
    #743     Apr 13, 2011
  4. 2011 SPY gaps. It's a gap festival!
     
    #744     Apr 13, 2011
  5. So sorry having a hard time understanding what your trying to say...so sorry.
     
    #745     Apr 13, 2011
  6. I believe 70% of this years rally is from overnight gaps. Pretty telling statistics.
     
    #746     Apr 13, 2011
  7. Near 70% of this years gains from gaps, ask yourself whats left for me if I wait for the cash open as some have been taught.

    Thats is if we are trading with the trend, as most have been taught.

    Right now buy the close sell the open is working quite well. Use small size holding overnight.
     
    #747     Apr 13, 2011
  8. volente_00

    volente_00

    How's the long from 29 doing ?
     
    #748     Apr 13, 2011
  9. Win some lose some.
     
    #749     Apr 13, 2011
  10. So far my system trades for April has been a lot of nothing.
     
    #750     Apr 13, 2011