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Taylor Trading Technique (TTT)

  #42 (permalink)

Bromont,QC
 
Trading Experience: Intermediate
Platform: NT,TS,Esignal
Broker/Data: Kinetick and AMP futures
Favorite Futures: US Index Futures
 
richbois's Avatar
 
Posts: 35 since Sep 2009
Thanks: 2 given, 25 received


gio5959 View Post
rich , are you saying that if on sell days, if we open below the buy day low the odds favor going back up to the buy day low?

i see we opened at 1054.5 on the es - the buy day low was 1059.25 - what were the odds of the es going back to 1059.25 today?

tia

If you look at the report line 17 (see picture)you see that during the last 20 cycles we had a rally 90% of the time. I we look at other recap which has data since Jan/2008 then it is 93%. So you can see that even when we had this bear market for 1.5 year we still had rallies on Sell days.

By the way as long as we get tick above the BdL it is considered a Rally.

We can also see that the average raly is normaly more than 1 tick.

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