|
PureBytes Links
Trading Reference Links
|
Classical MP theory says we are in for a range bound day defined by 1144.1
and 1134.30 because the open was within Monday's value area. So far the
first 3 half hour brackets are pretty much hanging onto Monday's value area
pivot of 1139.2. So, its for S/R trading within vah and val until a close
and open outside that area.
bobr
----- Original Message -----
From: "BobR" <bobrabcd@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, April 02, 2002 7:43 AM
Subject: Re: [RT] Time and Motion Trading Test
> The system trade here is a break above the first hour high at 1141.5 and
> since the day's range is so narrow so far compared to the average, John
> might easily get the 4 points to take it from the current four to the
> average of 9.29.
>
> bobr
>
> ----- Original Message -----
> From: "John Cappello" <jvc689@xxxxxxx>
> To: "Ira Tunik" <irat@xxxxxxxxx>; <realtraders@xxxxxxxxxxxxxxx>
> Sent: Tuesday, April 02, 2002 7:29 AM
> Subject: [RT] Time and Motion Trading Test
>
>
> > Dear Ira,
> >
> > I am using EST . The cash S&P at 10 AM was -7.4 and at 10:15 was -
> > 7.14, maybe a buy signal in raw state. I am looking initially at a 4
> > pt stop and 11:15 AM exit.
> >
> > Sincerely,
> >
> > John
> >
> >
> >
> > ------------------ Reply Separator --------------------
> > Originally From: Ira Tunik <irat@xxxxxxxxx>
> > Subject: Re: [RT] Time and Motion Trading
> > Date: 04/02/2002 06:32am
> >
> >
> > In almost any cycle study a pattern shows up. When you use 10:00 AM,
> > which
> > time zone are you in? If you are still trading at 2 PM it certainly
> > isn't
> > the west coast. By breaking down the daily bars one can locate
> > certain times
> > of the day when markets tend to reverse their direction. If you get
> > down to
> > the 5 min. 3 min. and 1 min. time frames you are able to get down to
> > the 1
> > 1/2 hour cycles, etc. There used to be patterns that occurred when
> > it was
> > lunch time in NY and Chicago, but they only held up for a little
> > while. One
> > has to take the time to not only find the cycle but to analyze it and
> > understand that it will not remain constant and for a while they
> > could become
> > self fulfilling. I have not been able to find a timing system that
> > will
> > stand alone as a trading vehicle. If anyone has, I would be
> > interested. Ira.
> >
> > PS. Does the sky have a color or is it just a reflection of something
> > else?
> > Just like some on this list, who act as mirrors of drivel and bad
> > taste.
> >
> > John Cappello wrote:
> >
> > > Certain authors have written about the subject. The one I have been
> > > casually following is an observation that the S&P market starts to
> > > establish two major moves , one at 10 AM and another at 2 PM.
> > >
> > > I have just been observing the 10 AM move by logging in the cash
> > > value at 10 AM and again at 10:15 AM. In 4 of the five days followed
> > > the direction up or down movement was sustained to at least until
> > > 11:15 for what appeared to be a profit.
> > >
> > > Has anyone tried to build a system around anything close to this
> > > concept.?
> > >
> > > Ben made a beautiful post on calls with charts and all...no comments
> > > from the peanut gallery likely because they did not understand it.
> > >
> >
> >
> > ------------------------ Yahoo! Groups Sponsor ---------------------~-
> > ->
> > Find the Best Software/ Application Developers at Elance
> > Post Your Project for FREE to receive
> > Competitive Proposals from multiple vendors
> > http://us.click.yahoo.com/DmjnND/8A0DAA/cosFAA/zMEolB/TM
> > ---------------------------------------------------------------------
> > ~->
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
> > Your use of Yahoo! Groups is subject to
> > http://docs.yahoo.com/info/terms/
> >
> >
> >
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
> > Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
> >
> >
>
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
> Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
>
>
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Find the Best Web Designers & Developers at Elance
Post Your Project for FREE to receive
Competitive Proposals from multiple vendors
http://us.click.yahoo.com/gXNj8C/R.zDAA/cosFAA/zMEolB/TM
---------------------------------------------------------------------~->
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
Attachment:
Description: "MPD402.GIF"
|