YMZ1, (3, -1) formula, 2-4, 7-11, 14-18, 21 and 22 Nov 2011


22 November: Basis intra-day trading YMZ1 (December e-mini $5 Dow futures) from unchanged, 11525, and applying the (3, -1) formula, the first trade fades the Stretch calculation at the first intra-day counter trend move (Fade the Stretch and not 1.618% of the Stretch because the current volatile downward price moves (read: Europe's debt crisis and the US Supercommittee admitted failure to come to an agreement), and measuring three Stretch calculations lower from that projected price level to fade, representing the (-1) of the (3, -1) formula.
The Stretch calculation = 50.
11525 + 50 = 11575 = 11525 + Stretch = 11575 (high = 11583).
11575 - 50 - 50 - 50 = 11425 =
11575 - Stretch - Stretch - Stretch = 11425 (low = 11405).

21 November: The (3, -1) formula basis fading the first intra-day counter trend move produced a 232% profit today. Basis trading December e-mini $5 Dow futures (YMZ1), the (3, -1) strategy (16:00PDT Hunter Brashier Facebook home page post) was to fade the (counter trend) bounce off the first minute low, i.e., 11618 + 1.618% of the Stretch (90 points) = 11618 + 90 = 11708 (11725 = high) and calculate three ninety point price moves lower (high volatility and crisis of confidence indicated lower prices):
11618 + 90 = 11708 (11725 = high).
11708 - 90 - 90 - 90 = 11438 (11420 = current low print at 08:45PDT).
This (3, -1) strategy achieved the (3, -1) targeted price projection.

15, 16, 17, 18, and 21 November YMZ1, (3, -1) formula posts:
http://www.mypivots.com/board/topic/7102/-1/ymz1-3-1-formula-15-16-17-18-and-21-nov-2011

Since mid-October through 22 November, the (3, -1) formula applied to the Stretch / Fibonacci Stretch strategies have produced profitable trades and continues producing tradeable probabilities.
http://www.mypivots.com/board/topic/7098/-1/ymz1-3-1-formula-15-16-17-and-18-nov-2011

... and early November (3, -1) strategy results:
http://www.mypivots.com/board/topic/7083/-1/ymz1-3-1-formula-stretch-2-3-4-7-8-9-10-11-and-14-nov-2011

... and also October (3, -1) strategy results:
http://www.mypivots.com/board/topic/7033/-1/ymz1-3-1-formula-stretch-price-rotations-oct-6-13-14-17-18-19-24-25