exactly what rennick is doing....which in and of itself is trying to predict that the bet you place goes in your favor...
That pretty much qualifies as a stupid post. Predicting something for a long while... LOL I remember prognosticators in the mid 90's talking about the "nosebleed" levels of the tech sector.. when the NASD composite was maybe....4500 LOL. I got sick of hearing about the "nosebleed" and fortunately the term and the prognosticators went away along with their accounts probably.
Change of plan...expecting upside break out here. Long and strong covered shorts at .32 As for my FIX comment....you really think the markets aren't rigged?
Wait until Monday guys. We have options expiration coming up. In the meantime take a mini vacation. and cool it.
I was using the 20-year time frame for the sake of argument, which was to demonstrate that a 2-bar move is harder to predict than a longer term move. My trading position is the same as it's been since late last year: a spread between short ZN and long ES. I do trade shorter term, too.