YMH2, (3, -1) formula, Stretch profit 9 January 2012


Hi,
9 January March $5 Dow (YMH2) futures ‎long 12258 (15:43PDT) offset at 12337. +99 pts = +$495 per contract = +95% basis $500 intra-day margin. The trade strategy, i.e., (3, -1) formula, faded the first move, down 1.618% of the Stretch calculation from unchanged. 12309 - 45 = 12264 (12252 low print at 18:04PDT) represented the entry at (-1) of (3, -1). The trade price measuring objective was 12258 28 + 28 + 28 = 12342 (12343 = high print at 00:38PDT). The (3, -1) formula strategy produced profits, again. $ ;-)
Namaste