JFR wrote:
MrM. What is the percentage of pbars that fill? It must be high, one would think.
Around 70%. I'm devising a simple Excel sheet to keep track of SPY & QQQ starting on January 2nd as well as to better figure out if there is any relationship with trend and price.
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JFR wrote:
MrM. What is the percentage of pbars that fill? It must be high, one would think.
Around 70%. I'm devising a simple Excel sheet to keep track of SPY & QQQ starting on January 2nd as well as to better figure out if there is any relationship with trend and price.
May I suggest special tracking for pbars that do NOT reflect recent history (say 24 hours) price range?
JFR wrote:
MrM. What is the percentage of pbars that fill? It must be high, one would think.
Around 70%. I'm devising a simple Excel sheet to keep track of SPY & QQQ starting on January 2nd as well as to better figure out if there is any relationship with trend and price.
Thanks, MrM. And Happy New Year, everybody.
And Thank you, Cobra, for the excellent service.
Charts posted are not recommendations. They are just a sharing of information.
K447 wrote:May I suggest special tracking for pbars that do NOT reflect recent history (say 24 hours) price range?
Afterhours price ranges may be a factor too.
Afterhours I can't track with my platform so that is out.
Not sure what you mean by the 24 hour part, would that be a pBar outside of the up or down price range of previous day?
K447 wrote:May I suggest special tracking for pbars that do NOT reflect recent history (say 24 hours) price range?
Afterhours price ranges may be a factor too.
Afterhours I can't track with my platform so that is out.
Not sure what you mean by the 24 hour part, would that be a pBar outside of the up or down price range of previous day?
Previous day, or from earlier the current day.
Basically trying to separate delayed trade reports (dark pool, large private blocks, etc) from trades at prices that cannot be from delayed trades (since there is no recent price history at that price).
Happy new year to everyone! I hope you make lots of money in 2015. I'm bullish for many reasons, some of which I've pointed out here. I believe the S&P will cross 2450 next year at some point. Well, best case scenario could be more. I don't have any year end price target but I will post some bullish charts here. At the end of the day, this is all just educated guessing.
TLT:TIP is extremely high at over 1.1. This has never been incorrect in predicting more upside during the last 15 years.
TED Spread is very low meaning risk in the markets is pretty low.
what a difference a day makes
I just posted this 30min chart this morn and commented on how nice IWM looked after Russell made a new hi
It’s now on track to post an ugly red “outside day” candle on the daily (“outside day” candle is a continuation pattern).
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
K447 wrote:
Previous day, or from earlier the current day.
Basically trying to separate delayed trade reports (dark pool, large private blocks, etc) from trades at prices that cannot be from delayed trades (since there is no recent price history at that price).
Hmm.. I'll see, I don't want to make it complicated because I enjoy a simple mind, kind of like my IQ level..
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Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.