RSG - Chart Link long idea last week where
the KISS system also set a tight stop, nice trade so far, make sure
to have stops in place or lock in some gains
AMD kiss system went long yesterday, price found support in that
support zone, otherwise if it declines again the 200 day MA would
be a logical magnet, but I don't think it was a bad spot at all for
the KISS system ty try an entry
the tables use the entry price for the next day open - again
it's all in the FAQ that has been in the KISS system for a while so
please take the time to read that. Stats are generally better to
enter that same day though, but because the standard daily are
communicated after hrs all the trade % numbers are using the next
day's open price for the entry. This will not be the case for high
performance, they will use exact entry prices from that same
day.
as far as Demark - I've posted this 58 page PDF a dozen times,
here you go, nerd out this evening reading that or the weekend
here's that AMD KISS chart from the KISS tables that went long,
that was likely triggered from the washout oversold reversal on the
KISS system, also had a Demark 9
Emotion is what makes trading difficult for most people.
Technical Analysis is all about analyzing the collective mass
emotion/psychology that causes patterns to form on the charts.
Unfortunately we as humans also fall prey to our own emotion. And
again everyone is different, some people are MUCH better at dealing
with it, while others are not. It takes time, and having a
systematic approach where you have a rules that you are following
helps - because the emotions are most difficult when you don't have
rules or a decision that is pre set.
I'm sure Spock from Star Trek would be a great trader since
Vulcans suppress their emotions LOL
or....maybe one of Elon Musks Optimum robots LOL
there's a book called 'The Trading Athlete' it makes a strong case with a bunch of examples of why
former professional sports players have made great traders - why?
Because they had to learn to control their emotions in stressful
situations in games and in the public, and that directly translates
to trading
The community is delayed by three days for non registered users.
from me as well, man
Wishing everyone a nice weekend
Posted by matt on 26th of Apr 2024 at 04:02 pm
from me as well, man was a boring day!
enjoy the rest of your Friday and have a good weekend!
US Dollar bull flag
Posted by matt on 26th of Apr 2024 at 12:06 pm
$USD - Chart Link- definitely has that bull flag look...
SPX 5 min
Posted by matt on 26th of Apr 2024 at 12:03 pm
$SPX - Chart Link kind of a H&S look there, anyway something to monitor if it breaks that trendline
otherwise being a Friday, I'm hoping the market just does nothing the rest of the day
RSG follow up
Posted by matt on 26th of Apr 2024 at 11:52 am
RSG - Chart Link long idea last week where the KISS system also set a tight stop, nice trade so far, make sure to have stops in place or lock in some gains
XBI, LABU
Posted by matt on 26th of Apr 2024 at 11:43 am
XBI - Chart Link- interesting with that last low, RSI divergence setting up
LABU - Chart Link- here's a 2hr view, you have pretty good MACD and RSI divergence
Bitcoin
Posted by matt on 26th of Apr 2024 at 11:40 am
$BTCUSD - Chart Link- 4hr
$BTCUSD - Chart Link- daily - again that 60K area needs to hold, otherwise it's gonna drop to low 50's
Update: ENPH
ENPH
Posted by matt on 26th of Apr 2024 at 11:39 am
ENPH - Chart Link- glad I covered that puppy yesterday in that support zone
ADBE follow up
Posted by matt on 26th of Apr 2024 at 11:37 am
ADBE - Chart Link- nice, still needs to close above the 20 MA though
NVDA
Posted by matt on 26th of Apr 2024 at 10:23 am
NVDA - Chart Link - EdZ posted some nice charts below, here's the one we've had, testing the downtrend line today
AMD
Posted by matt on 26th of Apr 2024 at 10:21 am
AMD kiss.png
AMD kiss system went long yesterday, price found support in that support zone, otherwise if it declines again the 200 day MA would be a logical magnet, but I don't think it was a bad spot at all for the KISS system ty try an entry
FUTU follow up
Posted by matt on 26th of Apr 2024 at 10:19 am
FUTU - Chart Link- off the highs but still above the trendline of that weekly coil
ES futures TradingView
Posted by matt on 26th of Apr 2024 at 10:17 am
https://www.tradingview.com/chart/WVDTpjM0/
really nothing until 5150
sorry about that, the newsletter
Thursday April 25th, 2024 Newsletter and Video
Posted by matt on 25th of Apr 2024 at 11:47 pm
sorry about that, the newsletter webpage version link was to an older newsletter, I fixed that. The Youtube video link was correct of course
Thursday April 25th, 2024 Newsletter and Video
Posted by matt on 25th of Apr 2024 at 08:18 pm
Here's my latest detailed newsletter/video with my thoughts on the markets, precious metals, crypto, and our trading systems
Youtube Video Thursday April 25th, 2024 - watch in full 1080 resolution on tablet or desktop NOT your phone
PLEASE leave a like and comment, helps the Youtube Algorithm to get out stuff more visible - I appreciate the support!
Newsletter Thursday April 25th standard Webpage Format - contains all the dynamic chart links
SPX 60 min with Fibs
Posted by matt on 25th of Apr 2024 at 08:02 pm
$SPX - Chart Link
ES futures
Posted by matt on 25th of Apr 2024 at 06:39 pm
ES futures went back to Tuesday's/Wednesday's highs
the tables use the entry
KISS STS systems updated
Posted by matt on 25th of Apr 2024 at 05:33 pm
the tables use the entry price for the next day open - again it's all in the FAQ that has been in the KISS system for a while so please take the time to read that. Stats are generally better to enter that same day though, but because the standard daily are communicated after hrs all the trade % numbers are using the next day's open price for the entry. This will not be the case for high performance, they will use exact entry prices from that same day.
as far as Demark - I've posted this 58 page PDF a dozen times, here you go, nerd out this evening reading that or the weekend
https://breakpointtrades.com/blog/post/390738/
here's that AMD KISS chart
KISS STS systems updated
Posted by matt on 25th of Apr 2024 at 04:36 pm
here's that AMD KISS chart from the KISS tables that went long, that was likely triggered from the washout oversold reversal on the KISS system, also had a Demark 9
https://breakpointtrades.com/ts/view_chart.php?s=AMD&g=BPT_basket
Emotion is what makes trading
From SPX down 1.6% today to AH being up almost ...
Posted by matt on 25th of Apr 2024 at 04:31 pm
Emotion is what makes trading difficult for most people. Technical Analysis is all about analyzing the collective mass emotion/psychology that causes patterns to form on the charts. Unfortunately we as humans also fall prey to our own emotion. And again everyone is different, some people are MUCH better at dealing with it, while others are not. It takes time, and having a systematic approach where you have a rules that you are following helps - because the emotions are most difficult when you don't have rules or a decision that is pre set.
I'm sure Spock from Star Trek would be a great trader since Vulcans suppress their emotions LOL
or....maybe one of Elon Musks Optimum robots LOL
there's a book called 'The Trading Athlete ' it makes a strong case with a bunch of examples of why former professional sports players have made great traders - why? Because they had to learn to control their emotions in stressful situations in games and in the public, and that directly translates to trading
https://www.amazon.com/Trading-Athlete-Winning-Mental-Online/dp/0471418706
amazon.com
Amazon.com
KISS STS systems updated
Posted by matt on 25th of Apr 2024 at 04:24 pm
https://breakpointtrades.com/sts_table/?search=BPT_basket
interesting, AMD went long today, honestly not a bad entry - just 1 bar off the lows