Excellent call today. I'm really looking foward to going long tomm and making some serious CHEE$E per your suggestion.
As far as I know, I can't be ignored (moderator). Since you are taking credit for nailing the short trade, please explain how the 20ma on a 5min SPX chart, at 2:10pm, would place you in a winning short trade and not a losing long trade. To any newcomers to ET, the 2 threads below should give you an idea of what Walther (and his 'times') are all about. http://www.elitetrader.com/vb/showthread.php?s=&threadid=25358&perpage=6&pagenumber=1 http://www.elitetrader.com/vb/showthread.php?s=&threadid=22550
Since Walther is showing all you ET'ers about his uncanny ability to predict "trading times" in advance, I will unveil my secret source for maximum volatility trading times---and it's totally free. http://www.briefing.com/Silver/Calendars/EconomicCalendar.htm If you trade long or short within 30 minutes of any of those times, I guarantee that you will see some great opportunities. Good luck. P.S.-- Walthers system generates trading times only one day in advance. I have given you the next six weeks worth of trading times. PM me for more details and my low monthly fee news letter.
I think that market overreacted, luring many into short positions while forcing longs to cover. There will be a countermove .
call me crazy, walter, but I don't think you can just say "I have another signal at 12:45est". I think you need to give a direction as well. What is your direction?
My last call was 13:30 and was right on on 1 min charts. Today I made 3 calls and all were no more then 2 min apart from real tops or bottoms. As far as direction goes, that is up to individual trader. Trader MUST know whether to buy,sell or stay flat . If you cannot decide, stay out. My method can tell you in advance that top or bottom will happen. When you arrive at that time, you and only you must decide what to do.