S&P FUT forecasts

Discussion in 'Index Futures' started by nik1033, Sep 17, 2007.

  1. Pekelo

    Pekelo

    We closed at 1531 which was also HOD. Honestly, I just didn't see a 20 pts rally for today. Specially not easily.

    Just out of curiosity, what do you use for these predictions? I mean you said MA and RSI, but those don't give you target just direction....
     
    #21     Sep 25, 2007
  2. nik1033

    nik1033

    Yep, it was not easy and level was not reached. It was my view on the strengh of SP, and I was targetin that piont, but my exit was with close point of the day...

    Predictions & levels are result of mathematical method used

    GL
     
    #22     Sep 25, 2007
  3. nik1033

    nik1033

    target for today: 1522

    GL
     
    #23     Sep 26, 2007
  4. Pekelo

    Pekelo

    I don't want to criticize you too much too soon, but the model you are using sucks. So far it has been 50/50 at best after 6 calls, and that is exactly what my Coin and Rennick's ball achive in the long run.

    What is the expected correctness ratio of your model? I would want at least a 70+% hit rate from any model that prizes itself with having predictive ability....
     
    #24     Sep 26, 2007
  5. nik1033

    nik1033

    As I've just started to use this model with SP I am not now worried about results comin now...too early to say...my previous tests of model gave me at least 75% of profitable trades...real trade shows the minuses of it....but I'll continue real trades for now to reach exact numbers...
     
    #25     Sep 26, 2007
  6. nik1033

    nik1033

    target for today 1529...

    GL
     
    #26     Sep 27, 2007
  7. fwiw,i would`nt want to be short here in front of this explosive 30 min formation........measurement from 44 is 25 handles or 69/70 target on Es.................conservative buys woulde be between 34/40 should we see that level which i doubt.
    29/30 would be pushing to negate the IHS,imo.....we go north^^
     
    #27     Sep 27, 2007
  8. another 10 points ^ & we`d have our target met.....if we get there today,i`ll be looking for a reactionary move of 40% from swing lo.

    1st target of 52 was a Louisiana move.......blew by you.
     
    #28     Oct 2, 2007