worst trading strategy ever please critique

Discussion in 'Index Futures' started by angel_king, Feb 2, 2008.

  1. picture helps. picture from the 31st and the 1st like the last 2 days

    1. 30 es point drop in 5 minutes if this was predictable I would really like those 30 points, but guess wrong and no sell stop will save you. tell me a sith lord did not come up with that move. how many stops got taken out?

    2. 20 point move down with clear trend, try stopping that freight train. this one bottoms out a long way from where the market closed the day before, expect retrace. all of #2 happens before 9:30 est.

    3. 20 point move up starts before 9:30 and continues into normal trading day, the lowest price is not available after 9:30am, when the market is open. heavy volume and a clear trend line.

    4. stochastic macd and near vertical angle on trendline say uptrend isnt going to last. get short ride it down 20 more points

    5. the low volume choppy semiflat next 5 hours they can keep it. the 20 point movement that happens in the next 5 hours happened 4 times already after the market close the previous day and before 10:30 am

    why? because trying to scalp for 1-2 points on low volume does not seem worth the effort.

    this was just one day, but this happens EVERY DAY

    another installment of the worst strategy ever
     
    #11     Feb 3, 2008
  2. cvds16

    cvds16

    get out of your dreamworld: there is a whole world up and trading before your 9:30 and plenty of volume, much much more then you can handle ...
     
    #12     Feb 3, 2008