Square roots


Hello Mypivots,

As of this writting the High on the ES was 1254. If we take the low this A.M. @ 1243.75 and get the Square root which is 35.26684 and add (since it was a low, If it were a high then I would subtract .146) then I square the number by itself i.e. 35.26684 + .146 = 35.41284 now we square 35.41284 x 35.41284 =1254.06 or 1254 which was this A.M.s first high. I didn't trade since I didn't have another signal. I missed a great short, but I would rather follow my rules then trade on a whim. Also .25 works good and .382.

Todays high 1254, find Square root and subtract .25 and square it is 1236.3 or 1236.5, this may be a good trade since 1256 is another one of my numbers.

Happy trading
Joe
+ 2 points on that trade. Total 10.75 ES points for the day so far today ;)
Todays High (1258.75 as of this writting) Square root subtract .146 is 1248.5. 1249 is a prime number.

A long is entered @ 1249
Out @ 1251 +2 points, thats 12.75 for the day.
Todays High -.25 from the Square root is 1241, there is a bullish divergance in the 1 min RSI.

Long @ 1241.75
loss 2 points. I loved that RSI divergance, it was picture perfect.

1237 is a prime number, thats why were having problems busting it. Looks good for a short below that.
1249 is a Prime #, short from 1249 out @ 1246.5 +2.5, took 1 point in heat.

Also 1249 was 1 min 200 MA. And close to the Square root +.146 from the low @ 1237 (which was a prime # as well)
Up 13.25 ES points, best day since monday I hope this volitility lasts for a loooonnng time. I am going to end on that note, time to do my charts and numbers so I can be off by the close.
Good class today CharterJoe!!
Hi CharterJoe - thank you for sharing your system. Please continue to educate us with your novel approach.
Chris,

You did it right, mine may have been human error or typo....but you are doing it right. If my fly fishing ever takes me to Canada I'll take you up on it.