Now Reading
Working On Thor
82

Working On Thor

Working On Thor

by The MoleSeptember 24, 2014

I’m going to make this super snappy today as I am wading knee deep in code with the intent of releasing a beta version of Thor sometime next week. In case you haven’t guessed it already – Thor will be the automated equivalent of Scott’s HammerTime system which he runs on daily charts.

thor

Although I don’t think it’s going to be a major effort it will probably take me a few weeks to incorporate all the various changes Scott has made to the original Heisenberg system (which we both developed together for the past year). In essence it’s actually a bit simpler on the entry side but the campaign management aspects of it may have to be tweaked a few times before we get it right. In any case – unless I run into some kind of wall (always possible) I expect to release a very early beta sometime next week. I’ll keep you guys abreast on any changes.

2014-09-24_NQ_entry

I hope any of you took the NQ long setup I suggested yesterday. It’s not out of the woodworks by any measure but this is a very first good spike higher. You may want to watch the 100-hour SMA – quite frankly it’ll make or break there and 4070 needs to be put behind us asap. Any weakness on the way higher now will invite more whipsaw and I’m giving this a very short leash. Meaning, if it doesn’t look like the 100-hour holds I’m out with a tiny profit or break-even.

Two updates on yesterday’s entries below for my subs:

evil_separator

It's not too late - learn how to consistently trade without worrying about the news, the clickbait, the daily drama and misinformation. If you are interested in becoming a subscriber then don't waste time and sign up here. The Zero indicator service also offers access to all Gold posts, so you actually get double the bang for your buck.

Please login or subscribe here to see the remainder of this post.

By the way – another nice fractal attack earlier this morning at 10:00am EDT:

2014-09-24_1749

The current fractal has occurred 206 times in the past.
It ranks as the 24th most frequent fractal during the past 50005 bars.
The next candle has closed higher 123 times, lower 81 times, and equal 2 times.
Frequency of occurrence: 0.41%
Higher/lower ratio: 1.5
Lower/higher ratio: 0.7

Acceptable ratio (1.5 – my threshold) and more importantly sufficient frequency of occurrence (206 times).

2014-09-24_1746

Outcome positive 🙂

You have been briefed and I’m back to coding. See you guys tomorrow.

Cheers,

Sign up here to receive my FREE early morning briefing:

About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
Enjoyed this post? Consider a small donation to keep those evil deeds coming!

BTC: 1MwMJifeBU3YziDoLLu8S54Vg4cbnJxvpL
BCH: qqxflhnr0jcfj4nejw75klmpcsfsp68exukcr0a29e
ETH: 0x9D0824b9553346df7EFB6B76DBAd1E2763bE6Ef1
LTC: LUuoD6sDWgbqSgnpo5hceYPnTD9MAvxi6c
PayPal: https://paypal.me/evilspeculator