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Trading the Odds on Thursday - April 16, 2009
On Wednesday's session not the probabilities concerning a higher or lower close on a higher/lower open were the dominant factor (following the direction of the open), but the significant above-averag
Follow-up on Trading the Odds on Wednesday - April 15, 2009
This is a follow-up on my post Trading the Odds on Wednesday - April 15, 2009.
Due to the fact that market breadth (Advancing Issues, Declining Issues, Advancing Issues, Declining Issues,
Trading the Odds on Wednesday - April 15, 2009
On Tuesday the market perfectly complied to the historical probabilities and odds concerning the three consecutive higher highs, higher lows and higher closes than the previous session's high/low/clos
Trading the Odds on Tuesday - April 14, 2009
[unfortunately there was a data issue concerning Tuesday's post, but the bottom line didn't change; the data issue has been corrected]
On Monday the market almost perfectly complied to the historical proba
Trading the Odds on Monday - April 13, 2009
Thursday's session was -concerning the '6 Highs' setup triggered on Wednesday's session which had negative short-term implication for Thursday's session- clearly a miss (see my posting Trading the Odds on T
Trading the Odds on Thursday - April 9, 2009
Wednesday's session played -almost perfectly- out as expected (see my posting Trading the Odds on Wednesday - April 8, 2009): Overnight weakness in ES E-mini futures (down more than -1.0% in the GLOBEX se
The Market Shows it Pays to be a Contrarian
There are some often cited adages amongst investing commentators and traders, e.g. "Don't try to catch a falling knife", "The trend is your friend.", "Nobody rings a bell at the market bottom.", "Buy on st