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The Odds Czar: Index Futures Biases for October 24
http://www.tigersharktrading.com/articles/1660/1/The-Odds-Czar-Index-Futures-Biases-for-October-24/Page1.html
By Art Collins
Published on 10/23/2005
 
Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for October 24.

The Odds Czar: Index Futures Biases for October 24

 

Dynamic Monthly Biases for October 24

Daily and monthly indicators have all now turned bullish.  Flip all three indicators from short to long.

The bottom two rows determine the signal.  Dynamic Day One trumps everything—you always follow it.  When it’s neutral, the Monthly Perpetual provides the direction.  Click here for a more in-depth explanation of the rules.

Daily CzarChart for October 24

The bottom row provides the direction of the bias at the open: long (L) or short (S).  When it’s neutral, it will read zero (0).  Click here for a more in-depth explanation of the rules.

DISCLAIMER: It should not be assumed that the methods, techniques, or indicators presented in this column will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented in this column are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The author, Tiger Shark Publishing LLC, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.

Art Collins is the author of Market Beaters, a collection of interviews with renowned mechanical traders. Art is speaking at the Las Vegas Traders Expo in December. E-mail him at artcollins@ameritech.net.