Welcome traders and visitors, more likely Rich the floor trader pro futures spreader I wanted to post this before some changes take place to explain how all markets including here a ratio spread works with my algo indicators.
If your charts do not look like these then you need to find these secrets NY has over Chgo. I give you my word.
My product can give you level to stay out of way but also tight areas where you can do 500 with a few tick risk for those traders with that type of profile.
1st thing is forget all the lines and I want to focus on the part where I have circled.
The first circles are downside targets of a situation where people that use candle sticks get sauced down at 55.066, 55.046. Those tell you once under (8 bars earlier) that under there we go to these targets. Not screaming buy unless your short, or looking to buy. Bond top in July 2016 had tagets of 176 and 177 and change.
The 2nd two circles are the thick olive line (2 olives, thin, then thick) This is the one goldy uses and was $29 in crude Jan Feb 2016, very long teerm.
Then NOB moved up to that pivotal 56.09.
Anyway if you or a group of traders want to let me demonstrate how these algo indicators crush human traders I am happy to put a presentation on.
Disclaimer- Floor traders in general just seem to want to know what it is and not how this can give you good levels and keep you out of the chop because when this hits, it pays big like last weeks 10% 5 day wheat blast higher off WN $4.18 Olive buy OLB.
Now in late April I have nothing because that 55.10 was the spot, info is stale after April 10th let’s call it.
This did hit I think in Feb 2016 but that is off memory and it may have been the five’s tied to something else.
Ultra bonds had worked once but I accidentally deleted it and have no customer interest.
Any other floor trader feel welcome to shoot me an email. This will not let you down but you have to let me explain since you do not know how to read today’s charts, patterns, consecutive s are the killers but risk is tight once you see the pattern.
hIgnore right of the 2 circles but thick OLB 5510 was signal and left green and fusia. All smae conditions easily understandable. I do voice wraps tho.
Here is that olive buy down in the 47 handle during the panic that stopped out the $30bil fund July 17 2016 in my diary that flipped short to long on a Maylasia rate cut that took the guy out big time. This is june but that all happened in the sept contract.
Diamonds are the patterns that clean floor traders out in my humble opinion.
Floor Traders- I have no real analysis other than one OLB and a few targets that stood out so remember be open minded. You do not know how to read charts or the special timeframes of sequence that I have found hidden between the hedge funds. I give my time with Paul Tudor Jones at Bellweather to my trader mind type analysis.
This is too much for anyone to trade but I find some great 5 to one shots like last weeks wheat, $2000 margin posted that turned into $2000 the 6th day.
Speaking of points of contact, notice circles 1st time hits, my simple trader rules apply after, tight stops to catch turns.