Midnight rally

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

  1. Today was the second day this week buy the close sell the open made you money. Its not that hard folks. It may be a little more difficult in a mixed market like we've had this week. Meaning the DOW gaps up on open while Naz gaps down. Trust me it won't last long. Things will get back in sync.

    Buy the cash close sell the cash open. Make money while you sleep. Let the chumps fight for crumbs during the cash equity market day session.

    11-11-20 gap open.jpg
     
    #851     Nov 11, 2020
  2. DTB2

    DTB2

    I use that on ES overnight. Looking to go long at Midnight Central if, the midnight open or later is higher than cash close price.

    Only discretion used is to filter if price has been above cash close for the entire after hours session prior to midnight.

    Simple, effective and profitable. Typically 10 point target.
     
    #852     Nov 11, 2020
  3. Sunday night futures off and running, seller have left the bldg


    Sunday 11-15-20 5pm CST open.jpg
     
    #853     Nov 15, 2020
    DTB2 likes this.
  4. DTB2

    DTB2

    Caught the 10 points above 3599 ES and out!
     
    #854     Nov 15, 2020
  5. fan27

    fan27

    Here is an ES overnight system I trade...backtest with just one contract per trade.

    Overnight.JPG
     
    #855     Nov 15, 2020
    They likes this.
  6. Bad_Badness

    Bad_Badness

    Did less than 10 but did fine. Sunday nights there is often some pent up demand. Now it is stabilizing for awhile.
     
    #856     Nov 15, 2020
  7. DTB2

    DTB2

    Long @3608 for 10 points

    5.5 heat
     
    #857     Nov 18, 2020
  8. DTB2

    DTB2

    Was up 5, stopped out B/E
     
    #858     Nov 19, 2020
  9. Overnight

    Overnight

    Gee, it hasn't worked for the four previous overnight sessions. I should know, I'm doing it with real money. There is zero $$$ risk.
     
    #859     Nov 19, 2020
  10. Overnight

    Overnight


    Try forward testing it? See how it works for you?
     
    #860     Nov 19, 2020