# YMH2, (3, -1) formula profits, 14, 15 and 16 December 2011

Hi,

16 December, YMH2 (March $5 Dow futures), basis intra-day trading from unchanged and applying the (3, -1) formula, and fading the first intra-day counter trend price move by the Stretch calculation: Because the previous day printed a rally failure at 11897, and the first price move for the 16 December trading sessions was up, a test of that high needed to define resistance at a price print above the 15 December high, 11897; hence, fade the first move up around 11900. Unchanged + 1.618% Stretch = 11822 + 90 = 11912. (11909 = high 16 December, risking $20 with a trade strategy projecting three (3) Stretch price movements lower.) 11909 - 56 - 56 - 56 = 11741. (11746 = low 16 December). 56 x 3 = 168 points x $5 per point = $840 per contract, +168% basis $500 intra-day margin.

http://www.mypivots.com/board/topic/7147/-1/ymh2-3-1-formula-14-and-15-december

15 December: YMH2 (March $5 Dow futures), basis intra-day trading from unchanged and applying the (3, -1) formula, and fading the first intra-day counter trend price move by the Stretch calculation, ... 11762 - Stretch = 11709 = 11762 - 53 = 11709.

11762 - 53 = 11709 (11694 = low, 14 Dec 21:42PDT), = (-1) of (3, -1).

11709 + 53 + 53 + 53 = 11868 (11897 = high at of 07:00PDT), which is (3) of the (3, -1) formula.

The maximum risk was $80 (16 points) and the (3, -1).

The price measurement objective was achieved, +$795 (159 points) per contract, and within 29 points of the high. The (3, -1) formula produced profits, again. $ ;-)

http://www.mypivots.com/board/topic/7144/-1/ymh2-3-1-formula-14-december-2011

14 December: YMH2 (March 2012 $5 Dow futures) Basis intra-day trading from unchanged and applying the (3, -1) formula, ... 12195 + Stretch calculation = 11895 + 55 = 11950 (11945 = high printed at 00:39PDT). This represents the (-1) of (3, -1), because this (intra-day) counter trend move is within a larger daily pattern that is failing 12178 and printing a fractal breakdown. Entering a few points before the price measuring objective, i.e., (-1), is achieved has proven to be a prudent short today.

As for the (3) of the (3, -1) formula:

11945 - 50 - 50 - 50 = 11795. (11785 = low as of 07:10PDT). The (3, -1) formula has produced tradeable probabilities, again. Each tick = $5. Intra-day margin is $500. 50 x 3 = 150 points x $750 ...+150% $:-)

Additionally, from the previous day's B session low, 11829, plus the 13 December 2.618% Stretch = 11829 + 117 = 11946. These are two correlating price measuring projections, i.e., 11950 and 11946, averaging 11948. (11945 = high).

16 December, YMH2 (March $5 Dow futures), basis intra-day trading from unchanged and applying the (3, -1) formula, and fading the first intra-day counter trend price move by the Stretch calculation: Because the previous day printed a rally failure at 11897, and the first price move for the 16 December trading sessions was up, a test of that high needed to define resistance at a price print above the 15 December high, 11897; hence, fade the first move up around 11900. Unchanged + 1.618% Stretch = 11822 + 90 = 11912. (11909 = high 16 December, risking $20 with a trade strategy projecting three (3) Stretch price movements lower.) 11909 - 56 - 56 - 56 = 11741. (11746 = low 16 December). 56 x 3 = 168 points x $5 per point = $840 per contract, +168% basis $500 intra-day margin.

http://www.mypivots.com/board/topic/7147/-1/ymh2-3-1-formula-14-and-15-december

15 December: YMH2 (March $5 Dow futures), basis intra-day trading from unchanged and applying the (3, -1) formula, and fading the first intra-day counter trend price move by the Stretch calculation, ... 11762 - Stretch = 11709 = 11762 - 53 = 11709.

11762 - 53 = 11709 (11694 = low, 14 Dec 21:42PDT), = (-1) of (3, -1).

11709 + 53 + 53 + 53 = 11868 (11897 = high at of 07:00PDT), which is (3) of the (3, -1) formula.

The maximum risk was $80 (16 points) and the (3, -1).

The price measurement objective was achieved, +$795 (159 points) per contract, and within 29 points of the high. The (3, -1) formula produced profits, again. $ ;-)

http://www.mypivots.com/board/topic/7144/-1/ymh2-3-1-formula-14-december-2011

14 December: YMH2 (March 2012 $5 Dow futures) Basis intra-day trading from unchanged and applying the (3, -1) formula, ... 12195 + Stretch calculation = 11895 + 55 = 11950 (11945 = high printed at 00:39PDT). This represents the (-1) of (3, -1), because this (intra-day) counter trend move is within a larger daily pattern that is failing 12178 and printing a fractal breakdown. Entering a few points before the price measuring objective, i.e., (-1), is achieved has proven to be a prudent short today.

As for the (3) of the (3, -1) formula:

11945 - 50 - 50 - 50 = 11795. (11785 = low as of 07:10PDT). The (3, -1) formula has produced tradeable probabilities, again. Each tick = $5. Intra-day margin is $500. 50 x 3 = 150 points x $750 ...+150% $:-)

Additionally, from the previous day's B session low, 11829, plus the 13 December 2.618% Stretch = 11829 + 117 = 11946. These are two correlating price measuring projections, i.e., 11950 and 11946, averaging 11948. (11945 = high).

Hi pt_emini,

The Stretch calculation provided by www.mypivots.com is derived from the RTH, i.e., B session, trading hours. I apply the Stretch calculations to the trading day that includes both the A and the B sessions, for each respective trading day. If you don't have access to the e-mini $5 Dow charts, you'll find the charts at www.cmegroup.com, click EQUITY INDEX, scroll down to the bottom and click the $5 Dow futures,.... then click the rising bottoms icon to the left of the LAST QUOTE.

The Stretch calculation provided by www.mypivots.com is derived from the RTH, i.e., B session, trading hours. I apply the Stretch calculations to the trading day that includes both the A and the B sessions, for each respective trading day. If you don't have access to the e-mini $5 Dow charts, you'll find the charts at www.cmegroup.com, click EQUITY INDEX, scroll down to the bottom and click the $5 Dow futures,.... then click the rising bottoms icon to the left of the LAST QUOTE.

Thanks for the clarification Hunter

Just to make sure I have this straight in my mind, you use all sessions (A & B) to make the stretch calculations. But take the actual trade signals "intra-day" during the RTH (B) session ?

Also, I think the Daily Notes uses all sessions data. Not sure about the stretch calculation however. Perhaps Guy can clarify that for us.

Just to make sure I have this straight in my mind, you use all sessions (A & B) to make the stretch calculations. But take the actual trade signals "intra-day" during the RTH (B) session ?

Also, I think the Daily Notes uses all sessions data. Not sure about the stretch calculation however. Perhaps Guy can clarify that for us.

pt_emini,

No and clarification.

I've been told that www.mypivots.com provides the Stretch calculations from only the B session, i.e., regular trading hours data. I apply that B session Stretch calculation data to intra-day trading each respective trading day, i.e., A & B sessions combined.

Please ask Guy to post that clarification about the trading sessions that make up the Stretch calculation.

Namaste

No and clarification.

I've been told that www.mypivots.com provides the Stretch calculations from only the B session, i.e., regular trading hours data. I apply that B session Stretch calculation data to intra-day trading each respective trading day, i.e., A & B sessions combined.

Please ask Guy to post that clarification about the trading sessions that make up the Stretch calculation.

Namaste

I am new to forum and I am wondering hunter if there is somewhere on the forum that has the stretch setup explained in detail. Thanks, Bob.

My apologies - I didn't see the clarification request above. The Daily Notes pages use the all session data for all calculations. i.e. both A and B sessions.

"No and clarification. I've been told that www.mypivots.com provides the Stretch calculations from only the B session. I apply that B session Stretch calculation data to intra-day trading."

My intra-day trading techniques are applied to a trading day.

My intra-day trading techniques are applied to a trading day.

Corrections:

1.) The Stretch calculation includes the entire trading day's data.

2.) My applications for the (3, -1) formula strategy are measured from unchanged; but occasionally take into consideration price rotations from the previous day's B session, basis the e-mini $5 Dow futures.

Namaste

1.) The Stretch calculation includes the entire trading day's data.

2.) My applications for the (3, -1) formula strategy are measured from unchanged; but occasionally take into consideration price rotations from the previous day's B session, basis the e-mini $5 Dow futures.

Namaste

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