Markets not obeying me, two days in a row. I’m going to have to put on my stern warning face.
I’m noting that we did over 2.5million contracts in ES today… and I’ve just checked the 6765 share bar chart, and seen that the bead signals were much cleaner on it. You may have heard me say before that the bead signals on 2584 are harder for me to read… so maybe I need to shift up to 6765 on high-volume days (or get my act together and learn how to read the beads on faster days).
November 27th, 2007 at 9:28 pm
Did you ever put any time filters on your back-testing Richard? I have read a couple blogs, and the seemingly profitable ES traders seem to stay clear of the market from 12:00 to 2:00 pm eastern.
November 27th, 2007 at 11:32 pm
I only drop the open and the close from the strategy… have never tried to block out the middle of the day. You are right, I should add that to the list of things to try and see what happens. I’ll let you know.