FXY - Chart Link- I think this looks lower risk
given the US Dollar breaking support today, I bought some in after
hrs, logical stop at that higher low
no way - I don't have it open so I don't remember the exact
parameters, but price has to have closed consecutively above the 8
day MA for at least 30 bars or something, it's only been over 10
bars now. And the 60 Stochastic has to have been trending
above 80% for quite a while, it's only been above 80% for about a
week.
that correction in April basically reset everything
Posted by rmoore100 on 15th of May 2024 at 03:21 pm
Thanks kab34 !!! When looking at indicators seems
there are several Gap Detectors in TradingView. Which
do you use and do you have a particular length/width setting
? Thanks !!!!!
Posted by DigiNomad on 15th of May 2024 at 02:10 pm
GME 15 min - might be about to launch again after working
through an ABC. Could be a double by tomorrow if it just gets close
to recent highs. I mean, it could double by the end of the day but
time symmetry suggests it would take a whole day or so. I'm
in Vegas. This feels right.
Posted by DigiNomad on 15th of May 2024 at 02:23 pm
GME - slippery little sucker! It's easier to buy options. Double
bonus - if you go out 9 days and up to the 100 strike and
above, the calls spreads are only a penny wide. Normal.
Freaking JPOW dropping the ball by not giving this market the
liquidity it needs. Liz Warren was right!
Note IREN -newsletter reco- announced
Posted by angelique on 16th of May 2024 at 07:59 am
Note IREN -newsletter reco- announced a 500m mixed shelf offering after hours yesterday. Nice opportunity if support holds.
XLY - kinda same vue
Posted by raymuy on 16th of May 2024 at 06:58 am
XLY - kinda same vue as IYT
IYT looks like a head
Posted by raymuy on 16th of May 2024 at 06:28 am
IYT looks like a head and shoulder showing up - does not look strong
Wednesday May 15th, 2024 Newsletter and Video
Posted by matt on 15th of May 2024 at 09:38 pm
Here's my newsletter and video review of the markets, our trading systems, commodities, trade ideas etc
Youtube Video Wednesday May 15th, 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 Wednesday May 15th standard Webpage Format - contains all the dynamic chart links
Platinum monthly - been having
Posted by foody518 on 15th of May 2024 at 09:35 pm
Platinum monthly - been having a nice month
FXY Japanese Yen, US Dollar
Posted by matt on 15th of May 2024 at 07:45 pm
FXY - Chart Link- I think this looks lower risk given the US Dollar breaking support today, I bought some in after hrs, logical stop at that higher low
$USD - Chart Link- US Dollar
you can also draw it
Posted by raymuy on 16th of May 2024 at 02:14 am
you can also draw it this way
IBD finally called a follow-through
Posted by mastermind on 15th of May 2024 at 06:35 pm
IBD finally called a follow-through day due to the volume surge today.
amat earnings tomorrow amc
Posted by morton7 on 15th of May 2024 at 04:34 pm
amat earnings tomorrow amc
DIS weak
Posted by foody518 on 15th of May 2024 at 04:21 pm
DIS weak
KISS Systems Tables updated, emails sent
Posted by matt on 15th of May 2024 at 04:15 pm
move those stops on up baby!
https://breakpointtrades.com/sts_table/?search=BPT_basket
CSCO higher
Posted by steve on 15th of May 2024 at 04:11 pm
CSCO higher
$SPX 10m ... can't stop
Posted by mla127 on 15th of May 2024 at 04:01 pm
$SPX 10m ... can't stop won't stop ...
isn't that a song lyric?
Posted by matt on 15th of May 2024 at 04:01 pm
isn't that a song lyric?
...Rocafella records because we get
Posted by icecoldjones on 15th of May 2024 at 04:09 pm
...Rocafella records because we get down baby, we get down baby, girls to girls they love us...
I hope this was a blow off top because I'm drowning...
well I took some hedge
Posted by matt on 15th of May 2024 at 04:09 pm
well I took some hedge short late in the day if that makes you feel any better, some 15 min divergence
Demark 9 on daily SPX
Posted by matt on 15th of May 2024 at 04:11 pm
Demark 9 on daily SPX
MSTR
Posted by matt on 15th of May 2024 at 03:47 pm
MSTR - Chart Link 60 min
MSTR - Chart Link daily
Matt - Is there any
Posted by skitexas67 on 15th of May 2024 at 03:32 pm
Matt - Is there any chance that any of the short systems could trigger for a reversion or an exhaustion?
no way - I don't
Posted by matt on 15th of May 2024 at 03:39 pm
no way - I don't have it open so I don't remember the exact parameters, but price has to have closed consecutively above the 8 day MA for at least 30 bars or something, it's only been over 10 bars now. And the 60 Stochastic has to have been trending above 80% for quite a while, it's only been above 80% for about a week.
that correction in April basically reset everything
IREN ... Iris Energy ...
Posted by mla127 on 15th of May 2024 at 03:31 pm
IREN ... Iris Energy ... thought this was an O&G play ... but looks like it's a Bitcoin miner ...
nice setup!
Posted by matt on 15th of May 2024 at 03:42 pm
nice setup!
Crypto going crazy. I'm getting
Posted by DigiNomad on 15th of May 2024 at 03:07 pm
Crypto going crazy. I'm getting crazy FOMO calls from people that normally don't have a strong opinion.
Just now: 25% allocation to IBIT. No stop. Market order. NOW.
Ok...your call
Probably close to a near term top, but we'll see.
Bummer I got stopped out
Posted by mastermind on 15th of May 2024 at 03:15 pm
Bummer I got stopped out of CLSK yesterday (the STS survived by like $.07). But I still have MARA, MSTR and BITO.
MARA is a meme name
Posted by steve on 15th of May 2024 at 03:18 pm
MARA is a meme name so held up better of late
SPX 60
Posted by steve on 15th of May 2024 at 03:04 pm
$SPX - Chart Link - break of structure forms a demand zone
For those who use TradingView,
Posted by kab34 on 15th of May 2024 at 02:59 pm
For those who use TradingView, did you know there is an indicator called Gap Detector? Very cool!
Thanks kab34 !!! When
Posted by rmoore100 on 15th of May 2024 at 03:21 pm
Thanks kab34 !!! When looking at indicators seems there are several Gap Detectors in TradingView. Which do you use and do you have a particular length/width setting ? Thanks !!!!!
The one I use is
Posted by kab34 on 15th of May 2024 at 03:30 pm
The one I use is called Gap Detector (Asch) I don't adjust any settings.
Thanks kab34
Posted by rmoore100 on 15th of May 2024 at 05:17 pm
Thanks kab34
Thanks Kab....very nice!
Posted by breakout on 15th of May 2024 at 03:07 pm
Thanks Kab....very nice!
Nice!
Posted by eddiegold on 15th of May 2024 at 03:04 pm
Nice!
we should see nice jumps in many long systems from the KISS
Posted by matt on 15th of May 2024 at 02:16 pm
STS stops jumping way up on SPX and QQQ
GME 15 min - might
Posted by DigiNomad on 15th of May 2024 at 02:10 pm
GME 15 min - might be about to launch again after working through an ABC. Could be a double by tomorrow if it just gets close to recent highs. I mean, it could double by the end of the day but time symmetry suggests it would take a whole day or so. I'm in Vegas. This feels right.
GME - slippery little sucker!
Posted by DigiNomad on 15th of May 2024 at 02:23 pm
GME - slippery little sucker! It's easier to buy options. Double bonus - if you go out 9 days and up to the 100 strike and above, the calls spreads are only a penny wide. Normal. Freaking JPOW dropping the ball by not giving this market the liquidity it needs. Liz Warren was right!
Up $2 bucks or so
Posted by DigiNomad on 15th of May 2024 at 02:55 pm
Up $2 bucks or so since this post. But it's a 38 dollar stock so I'm not letting go for anything less than +20. Lol.