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No Indicator Mumbo Jumbo


OK HERE IS MY TRADE FOR TODAY
08:35:04 BUY_LIMIT 1184.50
10:06:43 SELL_LIMIT 1188.50
On 17/05 evening my platform is also showing Emini S&P SEPT.10. So when when does the current June 10 contract end. Bruce/KB have you started trading the new one or when do you start using it.
i usuallt wait till the mypivots site mentions rollover and then start on that day with the new contract.....usually about 10 or 11 a.m
Originally posted by ak1

On 17/05 evening my platform is also showing Emini S&P SEPT.10. So when when does the current June 10 contract end. Bruce/KB have you started trading the new one or when do you start using it.

Rollover happens in the same month as expiration so won't be until June. Rollover is on a Thursday 8 days before expiration, which in turn is on the third Friday of the month.

More here: Rollover Days
Why I asked this question is because now we have two different numbers influencing the same cantract. What I mean is that one contract say open at 1125 and the other at 1127. In a retrace orcontinuation the market will start to react at two prices instead of one. Spooky........
1120 is going to be a good short
For the uptrend to continue 1115 should hold
Its Monday again.....Monday Morning Sickness trade is on
A fellow trader asked me this question
"DEAR AK1, PLZ HELP ME. HOW I CAN USE PIOVOT POINT. WHEN I SHOULD BUY/SELL. WHAT IS MIDPOINT???"
My opinion is that pivot points are best if used after 10:00 est and you have the capacity to hold overnight. Small accounts don't survive this approach. Mid point is the 50% price or High+Low/2
Hope every one got 2.25pts of the open
08:29:57 1 BUY_MARKET 1080.75
08:32:53 1 SELL_LIMIT 1083.00
Short 1089, or long 1071
http://www.mypivots.com/Board/Topic/4072/21/candle-pattern

4th post in this link gives a further explanation