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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (41637)11/29/2000 8:44:36 PM
From: Chip McVickar  Read Replies (2) | Respond to of 44573
 
Good Luck with the Mini's

C$'s a tough call, sort of suspended half way going some where..?

With the elections over and the political future understood, with any increase in the value of commodities and natural resources the C$ should rise. But the 120min charts look weak for the moment.



To: Patrick Slevin who wrote (41637)11/29/2000 9:45:33 PM
From: SE  Read Replies (2) | Respond to of 44573
 
Well, my intuition suggests that this is overdone and we bounce out of the gate, possibly with a one way up.

However, my search did not really turn up much in the way of one way up days...I got one day that way out of several that I picked. The most likely dates I see are 10/8/98 and 2/25/99. They played very similar although the degree of the moves was different.

Most likely tomorrow is V shaped.

Early low 9:40-9:45
Bounce to high at 10:20-10:40
Down to low at 12:20-12:50
Up to high late at 15:50-16:00

The best trades should be the short from the high at 10:20-10:40 and the long from 12:20-12:50.

I checked gap days and see about an 83% chance of closing the gap, should there be one. I would think that would be the opening long, but it would not have to be.