Open to Open & Close to Close for direction change - Emini Index Futures Trading | futures io social day trading
futures io futures trading

Open to Open & Close to Close for direction change
Updated: Views / Replies:1,577 / 10
Created: by aquarian1 Attachments:11

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Thread Tools Search this Thread

Open to Open & Close to Close for direction change

  #11 (permalink)
Elite Member
Point Roberts, WA, USA
Futures Experience: Advanced
Platform: IB and free NT
Broker/Data: IB
Favorite Futures: ES
aquarian1's Avatar
Posts: 3,539 since Dec 2010
Thanks: 1,370 given, 2,133 received

Day 5 downwards wedge following a downwards megaphone

Yesterday, Thursday 13 Dec 2012, we had a downwards Downwards Megaphone and speculated it might give us a strong downday on Friday. It did we the high 12.50 points lower and the low 4.25 pts lower. Being Friday (often narrow range and choppy) the range dropped from 15.75 to 7.50-which I see as a Friday factor and not so much a megaphone factor.

From Wednesday's high of 1438.75 to Friday's low of 1411.50 is a drop of 27.25pts. This was "foretold" a green megaphone for the FOMC peak and then with Red crossed swords and a downwards megaphone.

Today, Friday 14 Dec 2012 was a Downwards wedge. That might indicate a lower day on Monday 17 Dec with perhaps a bottom early and a rise later (or basing later), checkmark" or "Lazy L" day.

(Numbers are still Dec 12 ES contract - I do my roll-over on Monday)

Please register on to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Keep your mind in the future, in the now.
Reply With Quote


futures io > > > > Open to Open & Close to Close for direction change

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

July Journal Challenge - $500 in Amazon Gift Cards!


Battlestations: $750 in prizes - Show us your trading desk!


TBA: FuturesTrader71 w/Morad Askar

Elite only

Similar Threads
Thread Thread Starter Forum Replies Last Post
Daily open and close values rounder8 Beginners and Introductions 5 February 9th, 2016 11:46 AM
MTF BarsArray and Open [] / Close [] pcomm69 NinjaTrader Programming 11 March 28th, 2015 08:55 PM
Heiken Ashi. Open & CLose dee50 NinjaTrader 3 August 30th, 2012 05:12 AM
Volitility indicator question - Open - Open / open - close / close to open andresimon NinjaTrader 2 September 27th, 2010 12:33 AM
MedianRenko close/open hawks67 NinjaTrader Programming 14 July 19th, 2010 12:38 PM

All times are GMT -4. The time now is 02:28 PM. (this page content is cached, log in for real-time version)

Copyright © 2018 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432,
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2018-07-22 in 0.08 seconds with 15 queries on phoenix