Emini S&P, Gold, Crude Oil, Euro Currency, Bonds, Day Trading, Stock, Futures, forex, commodities, Matt, Cramer, Metals Review
2 Comments for Emini S&P 9/25/2007 Price-Trend.com
stinkystox | January 30, 2010 at 11:54 am
jonesr227 | January 30, 2010 at 11:58 am
Matt, I’m surprised to see that there appears to be successful pivot trades almost every day. By the way, you appear to be promoting a 3 to 5 (1:1.7) risk reward ratio; risk 3 points to make 5.
Thanks for your great analysis.


jonesr227 – Thanks! The pivots are quite remarkable at underscoring opportunities, though not always. As far as 3:5 – this refers to day traders. I know of some so called “experts” promoting a risk of 10+ for 5. To me, that is backwards and ultimately, the reality of mean reversion will prove disasterous. Glad you enjoy the videos!