KO
koolblue
Rep: 48,651
Posts: 16,032
covered one at 1016 bal at 1011.00.. dam that moves fast cant hardly trade it!
PO
popstocks
Rep: 100
Posts: 358
I think this can run up to 31, waiting for things to mellow.
31 is the middle from yesterdays closing poc and todays current.
31 is the middle from yesterdays closing poc and todays current.
KO
koolblue
Rep: 48,651
Posts: 16,032
Hope your wrong ,Pop.. just sold one at the 1 min. cycle peak 1022.75, 3 point stop
CH
CharterJoe
Rep: 4,475
Posts: 2,352
Sold my options for +1 I bought them when the ES was at 1017 I bought some more at the open. I can't stop smiling...Bad news is I am down in those 110 nov's going to add some to those...
CH
CharterJoe
Rep: 4,475
Posts: 2,352
I love Pivots...daily, weekly, monthly, I love it even better when there's a sq of nine near by.
As to your 2nd question it really doesn't matter why .146 (its phi to the 4th power) and .25 (1/4 or 2/8ths) but it all has to do with sq of nine....from each of my sq of nine numbers is sq root + or - .25 and then squared reason being that has to do with squaring a circle. All that matters is that it works.....146 used to work beautifully but now it moves that much in 2 min, so I don't use that any more once the markets calm down it will be useful once again.
As to your 2nd question it really doesn't matter why .146 (its phi to the 4th power) and .25 (1/4 or 2/8ths) but it all has to do with sq of nine....from each of my sq of nine numbers is sq root + or - .25 and then squared reason being that has to do with squaring a circle. All that matters is that it works.....146 used to work beautifully but now it moves that much in 2 min, so I don't use that any more once the markets calm down it will be useful once again.