Quote Originally Posted by adam ali View Post
It's a difficult problem: we want to trade with statistical probabilities on our side, but at the same time, do we have a sufficiently robust sample set to truly feel comfortable we "have the bases covered"?
Adam, you want HIGH probabilities on your side. None can be found in any direction based on Friday's close however you look at it. I've probably read more than 100 blogs and newsletters this weekend and whatever any indicator they use, they are all amazed how they are in "terra incognita".
I doubt any algorithm from anyone could provide a valid high probability trading plan for more than a few minutes currently.
Cash is King! Cash is a position with a stop once we see high probability trades again.
Billy