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.
Since mid-October the (3, -1) Stretch / Fibonacci Stretch stategies 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:
http://www.mypivots.com/board/topic/7033/-1/ymz1-3-1-formula-stretch-price-rotations-oct-6-13-14-17-18-19-24-25