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RO
roofer
Rep: 3,689
Posts: 3,574
i created this set so that traders could fix firmly in their minds that the market does not matter...stock etf's, bonds, gold, oil,individual stocks.....if price opens on gap on the 5 minute and that gap holds such that the last bar of yesterday's trading does not overlap the first bar of today's trading, the computers are programmed to try to find a way to hit a .886.
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RO
roofer
Rep: 3,689
Posts: 3,574
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RO
roofer
Rep: 3,689
Posts: 3,574
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'' they who are to be judges must also be performers'' aristotle
RO
roofer
Rep: 3,689
Posts: 3,574
2nd set...the forcast was for an early july low....but the forcast is meaningless unless the geometry is there to trigger the computers.... we know that GS is often early...once the indexes trigger simultaneously... price rockets out of hole....
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AL
albert
Rep: 99
Posts: 3,094
roofer,

Awesome info.

Thank you,

Al Kamego
AL
albert
Rep: 99
Posts: 3,094
I am also following a set of ETFs and some stocks to practice using the this gap/0.886 concept and learning more about its use. Here are a few charts.
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Al Kamego