Trading times for Wednesday

Thanks Walter. Nice call

 

What happened to the 11:55 est call? It looks like it didn't work! How do you get your times? I'm very skeptical about mechanical systems. They might sell well, but do they really work? Often, they are based on technical indicators and they are very good to tell the past. Unfortunately, I can not move the time back!

 

the 1155 call worked on the dime. literally at 1155 it took off.

 

What is the next time and should I get long or short?

 

First time I've heard of a slow 1.75pt ES move being described as 'Taking Off'.

 

There was a breakout from a triangle no ?

 

NQ had a 5 pt move at that time, which was at the end of some tight consolidation - while I wouldn't call it taking off like a rocket, still it was a playable move on the nq.

 

SOME TIMES IN THE FUTURE MARKETS WILL FALL AND RALLY. REMEMBER TO FOLLOW TECHNICAL INDICATORS TO GET CONFIRMATIONS OF WHAT HAS ALREADY HAPPENED!

 

Could have been, but you can use just two chosen indicators to determine or confirm trading time . I picked MACD divergence for reversal trades and 21 MA for BO trades . I purposely use these two simplest indicators , familiar to everyone. I have and most of others here on ET have also more sophisticated methods available to determine what trade to take in conjunction with "trading times " .
Point is that as long as you have "trading times " all you need is two simplest indicators to make trades .
Walter