Poor trading conditions

[FTSE Beater]

Hi All

This was a snapshot taken a couple of days ago and goes to show how poor the markets have been recently. Anyone making good money these days has my up-most respect



Sorry about the directional movement frame being in there. Must have slipped in while I wasn't watching
The ATR is looking really poor compare to where in was in March. I thought once the war was over, stock markets picked up

Someone told me than the last time ATR was this low for this long, it started a major move in the markets - let's hope so

[fabrizio]

This was a snapshot taken a couple of days ago and goes to show how poor the markets have been recently.

FTS

Look it in this way:

a) Size ( 10 contracts by 3 points=120 tick* 12.5 $=1500$)
b) Position
c) Swing

The Cahrt below is fearly explanatory.

Sure until the 20th there was not +/-2Pct but enough movement to bring some poinyts home.

At least this is my humble opinion and operativity.

[theplumber]

I think the S&P is at a trading (money making) opportunity for 10/27. A retest of 1042 at a minimum with a stop @1011-1012, depending on how strong your stomach is, and an entry of the retested lows of 10/24 or even to 1015. The premium to ES is about a point so all above prices are to be subracted 1 point. The first chart is the seasonals and looks promising.

[theplumber]

These next ones are how I use the square of 9 and how effective it can be for finding targets.

[theplumber]

Possible failure? No

[theplumber]

Recent cycle projections

[theplumber]

Uncanny how it works in time and price

[theplumber]

Now the future

[theplumber]

More

[theplumber]

Square of 9 day count

[theplumber]

For the finally, the S&P is at a make or break point according to Gann. Break the 1X1 line and no matter what short every rally. Those who have read Gann know how important the 1X1 line is.

[theplumber]

One more chart, the square of 144 from the Oct 2002 lows

[fabrizio]

David

One more time, risking to be boring: great ,great work.

[theplumber]

Chi è David? Il mio nome è Christopher, ma non importa. Che cosa è il vostro futuro sul mercato? Non sono stato spaventato mai per comprare un tuffo prima di finora.

Originally posted by fabrizio
David

One more time, risking to be boring: great ,great work.

[fabrizio]

Plumber.

The name of the Derivative Market is IDEM , the main future is the FIB30
Very Harmonic instrument.

I do not trade it for 3 reasons:

a) It is quite illiquid ( 10/12 k per day was used to be 22/25K)
b) totally managed by the MM
c) since february range very small ( 200-300 point a day)

for B&A if you take more than 5 contract positions you are against the istiututionals and risk nort to be able to get rid opf them at the pointv you like or obliged to 3 or 4 scaling out.

Now will be probabbly more intersting if the markets gets impulsive