2Sweeties To Houston: Nailed It!

Well, our Zero was not exactly useless either and I hope that you all enjoyed what I have the pleasure of looking at all day: the glorious Zero-RL. Seriously, it doesn’t get much better than this combo when it comes to timing reversals.

As you can see my chart was claiming 756 to be solid support (indicated by the blue dots). Zero signal was flat and although we somehow slipped through the 786 in thin trading yesterday 756 had a 87% probability according to my count, which under normal circumstances requires a 4+ signal to breach. Not with this flat tape, you won’t!

2sweeties’ RLs have become an integral part of my medium term trading system. We are super lucky to be able to benefit from his work – if I remember it correctly he has spent over a decade working on this. In case you don’t know – 60% of program trading is based on statistics, not on technical analysis as you know it. Small time rats like us usually do not get access to this kind of data and you should consider yourself lucky that 2sweeties has the patience of a Saint and is willing to put up with you leeches and freeloaders.

Okay, I can’t think of any more insults, so I let you rats enjoy the beginning of our ill deserved weekend. Seriously now – you guys did exceptionally well – and of course we all got a bit lucky as a real PPT rally could have put a quick lid on our profits. I am holding my SPY calls into Monday, it’s not much – just some play money.

Anyway, expect my report Sunday evening – until then I’m off to my new favorite nudie bar.

Cheers!