These are the two Pre-Entry study sheets I developed, I used these to check both NDX and IBM prior to entering my positions for FEB/12 contracts. What I'm looking for is any sort of indication that things might be out of wack. I've noticed that using this sort of perspective while backtesting gave me good insights as to when I'd be entering a position in normal vs. stormy market conditions, this allowed me to thing about entering all at once or scaling into the position as a strategy. Like I said, this is just an indication, at least a way to "check the temperature" before going into the trade. Won't predict the future or anything, just give us an indication of how is the market before jumping in.
Cheers!
Gustavo
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