5/4/2014 EoM and BoM cycles
(End of Month/Beginning of month)
A
pattern that repeats with a regularity that can be traded successfully
using equities,
options on stocks & ETFs or using E-mini futures.
options on stocks & ETFs or using E-mini futures.
"MONTHLY INFLUENCES"
The following ideas are adapted from Larry Williams' Trading.
The first and last Monday of EVERY month is a time to expect strong, BULLISH influences.
All you need to do is add 10% of the previous Friday's range to Monday's opening and buy at that level"
Thanks go to Surfcat on the iHub New ClearStation board for bringing this idea to my attention:
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First and last Mondays of the month plus the Friday before OEX
Could pick any day of the month and get similar results...when the market is in bull mode
It does look like entry the Friday before OEX might have an edge...
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