Recent content by Nechro

Hi UK, I'm not sure what you mean exactly: are you saying that a sharp intra-day decline, in response to a terrorist act, is likely to be followed by a rise (on the same or the following day) and/or that the markets have tended to rise on the anniversaries of terrorist acts? I think the FTSE...

Hi UK, My feeling today was that we would most likely see a fall because of the sentiment surrounding the anniversary of 9/11. I was looking to support at 5865 and 5852 and once the latter was breached it turned to pretty strong resistance for most of the remainder of the day. Tomorrow - I...

Hi UK, Thanks for taking the time to explain the system; very interesting and great to see the success rate too. I'll look forward to keeping an eye on that. It sounds as though this is your own econometric model or is this a mainstream indicator? Regards, N.

The PoM System Hi UK, Thanks. I've just started reading the thread and your daily diagnosis and I was wondering about The PoM System and how it's calculated? Regards, N.

Hi, I've been reading "Tools and Tactics for the Master Day Trader" by Oliver Velez and Greg Capra and they suggest that the market is more likely to rise on the first trading day of the month because, all other things being equal, buying will outweigh selling due to the influx of funds to fund...