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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: Patrick Slevin who wrote (43046)1/2/2001 8:29:06 PM
From: SE  Read Replies (2) of 44573
 
I cannot find squat that I am happy with in terms of a pattern day match. Therefore I am going to fall back on the points for the day and conclude that I expect something like the following:

10:25 H
14:16 L
15:43 H

Two trades for the day are the early short off an early high point that could even be the open, and the long off the mid-day low.

I would expect a V shaped day, but reality is it could be anything and since I cannot find something I am happy with, I don't really care which way it goes as long as the highs and lows for the overall day come as I described above.

Sheesh...if you can shed any light on this day I would appreciate it. The good thing about the patterns is you can fall back on the averages if all else fails and look for the points.

EDIT: The potential is there for something like this as well:

10:08 L
11:11 H
13:20 L
15:25 H

I give up. Will trade what comes....
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