How about the high of the overnight session breaking the 1412.00 Prediction Point by 1 tic and the low of the RTH hitting the REDLINE at 1392.00 TTT (To The Tic)!! ALL Prediction Point subscribers KNEW we would have this type of movement today before the market even began to develop by utilizing a simple forecasting technique explained in the members area. They also had key price areas to target m...
The Prediction Points at 1414.25 and 1410.25 held the range of the RTH session for the first 6 hours of trading. To learn more about Prediction Points and how they might work for you, go here to watch a short introduction http://www.screencast.com/t/T1xVCCxCno
The longer the launch pad, the greater the launch. The Prediction Point at 1403.00 held for 2 full hours before launching to the next REDLINE for a total of 12.25 points.
Opening bell short at the 1289.00 Prediction Point TTT (To The Tic) ran for 8.5 pts. By mid morning the market chose it's direction and the 1386.75 and 1389.00 Prediction Points became launching pads for the rally coming 1 tic shy of the 1394.75 Prediction Point becoming the RTH high. Which, by the way was the MONEY line for the ON session for the drop.
The Prediction Point at 1388.00 held it's own for a majority of the RTH. Two major dips for a total of 11 points. Prediction Point subscribers KNEW prior to todays market development that we would have this kind of movement today by using a simple forecasting technique explained in the members area.
In addition to the REDLINE at 1405.50 holding the ON session high, the Prediction Point at 1401.25 held all day during the RTH. Two major dips off this line worked for 7 points on the first run and 5.25 points on the second. Visit the Uses page to see how the rest of the Prediction Points played out.
It would be natural for me to select the Prediction Point at 1404.25 (3 tics off the high of the day from the ON session) but I personally liked the Prediction Points at 1400.75 and 1398.50 that held the tight range bouncing back and forth the last 3 hours of the RTH.
HOD 1408.00, REDLINE at 1307.75... LOD RTH 1397.25, Prediction Point at 1397.25. Every major bounce or consolidation zone that occurred today was picked up by a Prediction Point. Try to quantify it. Visit the Uses page to check the numbers yourself... Unbelievable!
The 1400.00 and 1395.75 Prediction Points held the range of the RTH all day. Easy double digits today. You couldn't ask for better prices. This phenomenon is explained in great detail in my upcoming book (release date to be determined). If you trade the S&P minis and are not using Prediction Points, you're not just missing out on opportunity but simply losing money.
Pick one... Long in the ON session at 1385.50 Prediction Point that rallied 12 points to the RTH high reaching 2 tics shy of the REDLINE at 1398.00. Or how about the long 8 minutes after open at the 1388.75 Prediction Point that held the low of the RTH less a few tic breach for 8.75 points to the high of the RTH. Or how about the REDLINE at 1392.25 that held for two nice dips for a total of 4.75 p...