Futures Trading Room – Overnight Overview of December the 23th 2016
Here’s what I sent to subscribers:
The following patterns are triggering:
LONG PATTERNS: 74-129-192-283-333 (PRICE-VOLUME-SEASONALITY)
ODDS MAP: 1,83 – 63 – 219
Notes:
Calendary seasonality is again very strong tonight. That’s why I’m entering LONG despite not so great ODDS MAP numbers.
Last two nights have been disappointing. Anyway, the odds for December Friday nights are too strong to be missed (66% of winnings
with more than 3 for profit factor).
Stop loss = 27 ES points
Take Profit = None
All in all, it has been a good Christmas weekend bullish edge with the market acting slowly as expected.