YMM1, (3, -1), profitable Strategy, 2.618% profitable


  • -1
  • Hunter
  • 10-May-2011 at 10:07 AM
  • Rep: 1,431
  • Posts: 247
Hi,
Basis YMM1 (June e-mni $5 Dow futures):
Trading from unchanged, 12631, and fading the first move, i.e., -1 of (3, -1):
12631 - the Stretch calculation = 12631 - 27 = 12604 (12601 = low at 21:52PDT).
12631 - 27 = 12604, representing the fade, i.e., -1 of (3, -1)
12604 + 27 + 27 + 27 = 12685 (high = 12692 (12694 = high at 07:01PDT)
This completes the 3 of the (3, -1) formula.

Below you'll find a corrolating 2.618% entry level.

Measuring from the 9 May high, 12677 - 2.618 of the 10 May Stretch = 12677 - 70 = 12607. 12601 = low (21:52PDT)
  • 0
  • grednfer
  • 13-May-2011 at 11:23 AM
  • Rep: 925
  • Posts: 139
Hunter,
Your strat worked again today.......
Faded after open @
yesterdays close +42 = 710......
yeilded 100 points so far......and still draining.
(now theres also diagonal off the top at 711 too)


There were actually 2 opportunties to do this.....
one last night @ 710 and one this morning.....

very cool....
The +/- 42 and 60-70 ones work well.....
  • 0
  • Silverharp
  • 13-May-2011 at 11:24 AM
  • Rep: 700
  • Posts: 128
that was quick, S&P between numbers between 161 and 261. 15567 is the x300. not into picking falling daggers but it looks like bottoming
  • 0
  • ayn
  • 13-May-2011 at 11:32 AM
  • Rep: 830
  • Posts: 128
was looking at those same numbers but have not pulled the trigger...would like to see es touch its 2.618 first, which would most likely coincide with ym at its 3x, just like yesterday
  • 0
  • Silverharp
  • 13-May-2011 at 11:44 AM
  • Rep: 700
  • Posts: 128
^^

very good 1336.2 is 261 on SPX , DX is at 161 would want to see it top out first
  • 0
  • grednfer
  • 13-May-2011 at 12:02 PM
  • Rep: 925
  • Posts: 139
Very good Hunter trade today.
Picture of the Diag off the top......happened to coincide with the +42 fade.


Click image for original size
2011 05 13 ym
  • 0
  • Silverharp
  • 13-May-2011 at 12:05 PM
  • Rep: 700
  • Posts: 128
long now at 12570 half position, will add if it takes off.
  • 0
  • Silverharp
  • 13-May-2011 at 12:09 PM
  • Rep: 700
  • Posts: 128
stopped out no biggy, Dx took off again, wait for new setup
  • 0
  • ayn
  • 13-May-2011 at 12:11 PM
  • Rep: 830
  • Posts: 128
what setup do you look for now silverharp ? long off the 4.25% of stretch ?
  • 0
  • Silverharp
  • 13-May-2011 at 12:15 PM
  • Rep: 700
  • Posts: 128
thats the next number but hard down so wont see divergence straight away. will see what DX is doing.
  • 0
  • grednfer
  • 13-May-2011 at 12:23 PM
  • Rep: 925
  • Posts: 139
The 510 area is support......but its waving down.....


200 point hunter trade....today
180 yesterday...could've been 220 had I stayed long through EU open.


Very cool.....fatboy trades

Thx Hunter.....
  • 0
  • ayn
  • 17-May-2011 at 10:06 AM
  • Rep: 830
  • Posts: 128
was hoping the es would go to its 1.618 at the open which would have likely pushed ym to its 2.618 stretch...that would have been the ideal scenario for me to get long...
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