S&P 500 daily watch

Discussion in 'Journals' started by Walther, Feb 4, 2004.

  1. I do not sell my system it is just too valuable .

    I think that you are a living proof of that . If you do not believe there is any value in mathematical or geometrical predictive method, why bother ? You know , deep inside that you are my #1 fan .
     
    #31     Feb 10, 2004
  2. OMG, thanks for the chuckle... good trading walter.

    riskarb
     
    #32     Feb 10, 2004
  3. I know, I know.. I believe in talking to people on their level and that gem came just out..


    Next signal is at 13:15 and 14:15-20est Today accuracy gets better because there is no 2 day delay like it is on Monday .
    Problem is just to know magnitude or importance each of a predictive tops or bottoms .
    Market is cyclical and has inner order and this journal is a hint at that.........
     
    #33     Feb 10, 2004
  4. I 've got couple of e mails about time frames. I strongly urge using of a 5 min charts for primary signal selection and then use 2 min charts to pinpoint actual entry at the predicted time. One min charts are just too busy and indicators I use show much better signals on 2 min charts .
    Use today as an example. Put 5 min chart of S&P500 on your screen and plot todays posted times on it. Then do the same on 1 min chart. See what is clearer to you.
     
    #34     Feb 10, 2004
  5. Signals for Wednesday are 9:40,10:25 12:00 and 14:15est.
    Today was pretty good, look on 5 min charts and compare them with times posted yesterday.
     
    #35     Feb 10, 2004
  6. Price action today is just nonexistent, I have a new signal at 11:10 and 11:50est. Back to sleep...
     
    #36     Feb 11, 2004
  7. Today was unusual day, this kind of price movement is very hard to daytrade because it requires longer then usual holding periods.
    Signals for tomorrow are 9:45, 10:50, 13:40 and 14:00est
     
    #37     Feb 11, 2004
  8. Moderator,
    thanks for cleaning...
     
    #38     Feb 12, 2004
  9. Finally return to normal patterns, those speeches and announcements always disrupt natural distribution rhythm. Signal at 9:45 was 5 min late but I am not complaining.
     
    #39     Feb 12, 2004
  10. Signal at 10:50 was right on. There is a triangle developing and if there are no breakout of triangle trendlines, there should be drop shortly after 12:35 .
     
    #40     Feb 12, 2004