Comments on: A very very compelling trade http://thetradingdigest.com/blog/2007/08/15/a-very-very-compelling-trade/ Tue, 02 Dec 2008 23:59:20 +0000 http://wordpress.org/?v=2.6.3 By: The Trading Digest » Blog Archive » A Rather Simple Oversold System using T2108 indicator. http://thetradingdigest.com/blog/2007/08/15/a-very-very-compelling-trade/#comment-7304 The Trading Digest » Blog Archive » A Rather Simple Oversold System using T2108 indicator. Tue, 18 Dec 2007 03:23:21 +0000 http://thetradingdigest.com/blog/2007/08/15/a-very-very-compelling-trade/#comment-7304 [...] The blue buy dots you see are only showing a period when the indicator went to single digits which we discussed back in August. I circled the clusters of days where the indicator was below [...] [...] The blue buy dots you see are only showing a period when the indicator went to single digits which we discussed back in August. I circled the clusters of days where the indicator was below [...]

]]> By: duck http://thetradingdigest.com/blog/2007/08/15/a-very-very-compelling-trade/#comment-2709 duck Tue, 21 Aug 2007 05:23:20 +0000 http://thetradingdigest.com/blog/2007/08/15/a-very-very-compelling-trade/#comment-2709 very impressive guys! quack!!!!!!!!!!! very impressive guys! quack!!!!!!!!!!!

]]> By: The Trading Digest :: Move the Markets :: Entries :: http://thetradingdigest.com/blog/2007/08/15/a-very-very-compelling-trade/#comment-2704 The Trading Digest :: Move the Markets :: Entries :: Sun, 19 Aug 2007 20:42:12 +0000 http://thetradingdigest.com/blog/2007/08/15/a-very-very-compelling-trade/#comment-2704 [...] expectations of a rate cut if you follow the complete thread, and read the comments. Read how this play panned [...] [...] expectations of a rate cut if you follow the complete thread, and read the comments. Read how this play panned [...]

]]> By: Dave http://thetradingdigest.com/blog/2007/08/15/a-very-very-compelling-trade/#comment-2651 Dave Fri, 17 Aug 2007 15:58:01 +0000 http://thetradingdigest.com/blog/2007/08/15/a-very-very-compelling-trade/#comment-2651 MM , Losses? Did you even read the post? A 6% stop was in place. What did we have 25 points against us? That's about 1.5% or so? Not even close to historical Max Adverse Excursion. Also the Fed thing always becomes an issue when the markets are panicing. Look at the periods this triggered, 90,94,98,01,02 - Fed was always a factor at those points. MM ,
Losses?
Did you even read the post?
A 6% stop was in place.
What did we have 25 points against us? That’s about 1.5% or so? Not even close to historical Max Adverse Excursion. Also the Fed thing always becomes an issue when the markets are panicing. Look at the periods this triggered, 90,94,98,01,02 - Fed was always a factor at those points.

]]> By: MM http://thetradingdigest.com/blog/2007/08/15/a-very-very-compelling-trade/#comment-2650 MM Fri, 17 Aug 2007 15:24:25 +0000 http://thetradingdigest.com/blog/2007/08/15/a-very-very-compelling-trade/#comment-2650 The discount rate was an x factor that just happened to occur at the right time and work in your favor. In other words, you got lucky DAN. The losses on this trade were astronomical yesterday. The discount rate was an x factor that just happened to occur at the right time and work in your favor. In other words, you got lucky DAN. The losses on this trade were astronomical yesterday.

]]> By: Dan http://thetradingdigest.com/blog/2007/08/15/a-very-very-compelling-trade/#comment-2649 Dan Fri, 17 Aug 2007 13:04:42 +0000 http://thetradingdigest.com/blog/2007/08/15/a-very-very-compelling-trade/#comment-2649 Well, I couldn't resist taking the 45 s&p point profit on the ES this morning after the fed discount rate cut. Thanks for the heads up on this indicator! Wow! Well, I couldn’t resist taking the 45 s&p point profit on the ES this morning after the fed discount rate cut. Thanks for the heads up on this indicator! Wow!

]]> By: BH http://thetradingdigest.com/blog/2007/08/15/a-very-very-compelling-trade/#comment-2630 BH Thu, 16 Aug 2007 20:57:28 +0000 http://thetradingdigest.com/blog/2007/08/15/a-very-very-compelling-trade/#comment-2630 Your opening range ES longs from the 1400 area are looking good so far here, max unfavorable excursion today was approx 25 points, Your opening range ES longs from the 1400 area are looking good so far here, max unfavorable excursion today was approx 25 points,

]]> By: cucca http://thetradingdigest.com/blog/2007/08/15/a-very-very-compelling-trade/#comment-2621 cucca Thu, 16 Aug 2007 12:53:08 +0000 http://thetradingdigest.com/blog/2007/08/15/a-very-very-compelling-trade/#comment-2621 One of my two readers (I used to have three, but I think one of them busted out, hahahahaha) mentioned the T2107 trade, the percent under the 200ma. He says it has only triggered four times since 1987, with the percent being under 20 as the trigger. Have you tested out that?? By the way, John's comments about the chat room are exactly what I thought you guys were feeling. Good luck. One of my two readers (I used to have three, but I think one of them busted out, hahahahaha) mentioned the T2107 trade, the percent under the 200ma. He says it has only triggered four times since 1987, with the percent being under 20 as the trigger. Have you tested out that??
By the way, John’s comments about the chat room are exactly what I thought you guys were feeling. Good luck.

]]> By: Dave http://thetradingdigest.com/blog/2007/08/15/a-very-very-compelling-trade/#comment-2619 Dave Thu, 16 Aug 2007 09:02:42 +0000 http://thetradingdigest.com/blog/2007/08/15/a-very-very-compelling-trade/#comment-2619 No not drawdown. Max Adverse Excusion. That shows the highest pullback of each trade. One trade went to the 5% area. But look at the charts. Almost all had some downside to go. No not drawdown. Max Adverse Excusion. That shows the highest pullback of each trade. One trade went to the 5% area. But look at the charts. Almost all had some downside to go.

]]> By: tom http://thetradingdigest.com/blog/2007/08/15/a-very-very-compelling-trade/#comment-2614 tom Thu, 16 Aug 2007 04:41:26 +0000 http://thetradingdigest.com/blog/2007/08/15/a-very-very-compelling-trade/#comment-2614 Premium content as usual. Thanks for the heading, was becoming disoriented. Hope all is well now that time has passed since the chatroom adventure. FWIW I learned more from you Dave in 3 weeks than in the sum total of all my other studies. Peace, Tom Premium content as usual. Thanks for the heading, was becoming disoriented. Hope all is well now that time has passed since the chatroom adventure. FWIW I learned more from you Dave in 3 weeks than in the sum total of all my other studies.

Peace,
Tom

]]> By: BH http://thetradingdigest.com/blog/2007/08/15/a-very-very-compelling-trade/#comment-2613 BH Thu, 16 Aug 2007 03:51:28 +0000 http://thetradingdigest.com/blog/2007/08/15/a-very-very-compelling-trade/#comment-2613 By the looks of the overnight session, you will be buying at much better prices vs today's close at tomorrow's open. Good fear (31 vix) and just a lack of bids out there. But I do have a question about the stats: average drawdown is 5% then average win 5.7% so you are suggesting the market typically makes a swing of >10% in a 6 day holding period? That sounds far fetched to me By the looks of the overnight session, you will be buying at much better prices vs today’s close at tomorrow’s open. Good fear (31 vix) and just a lack of bids out there.

But I do have a question about the stats: average drawdown is 5% then average win 5.7% so you are suggesting the market typically makes a swing of >10% in a 6 day holding period? That sounds far fetched to me

]]> By: Damian http://thetradingdigest.com/blog/2007/08/15/a-very-very-compelling-trade/#comment-2612 Damian Thu, 16 Aug 2007 01:57:50 +0000 http://thetradingdigest.com/blog/2007/08/15/a-very-very-compelling-trade/#comment-2612 I took it - was running the same backtest as you - too compelling to ignore. I took it - was running the same backtest as you - too compelling to ignore.

]]> By: Dave http://thetradingdigest.com/blog/2007/08/15/a-very-very-compelling-trade/#comment-2611 Dave Thu, 16 Aug 2007 00:23:34 +0000 http://thetradingdigest.com/blog/2007/08/15/a-very-very-compelling-trade/#comment-2611 Dan: If you click "Jump" and type in T2108 it will bring you right to the synbol. I am not sure how you have things setup but if you go to your lists it's under "all worden market indicators". A handy bunch of tools there. Dan:
If you click “Jump” and type in T2108 it will bring you right to the synbol.
I am not sure how you have things setup but if you go to your lists it’s under “all worden market indicators”. A handy bunch of tools there.

]]> By: Dan http://thetradingdigest.com/blog/2007/08/15/a-very-very-compelling-trade/#comment-2610 Dan Thu, 16 Aug 2007 00:12:07 +0000 http://thetradingdigest.com/blog/2007/08/15/a-very-very-compelling-trade/#comment-2610 I will be taking this trade on the ES mini. One question though, I subscribed to the worden.com platform based on the T2108 and your work; where the heck to I find this indicator on their platform? thanks, dan alexandria, va I will be taking this trade on the ES mini. One question though, I subscribed to the worden.com platform based on the T2108 and your work; where the heck to I find this indicator on their platform?

thanks,

dan
alexandria, va

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