Posted by DigiNomad on 23rd of Apr 2024 at 03:06 pm
Thanks! Super helpful! You used to do this all the time
way back when...years ago...but I understand why you stopped.
Anyway, a day like today might get a lot of triggers so nice to
have orders teed up ahead of time based on the pre close
look.
DigiNomad - I ran an update so you can see what the systems are
looking at right now - again these can change depending on the
close, which I'll be running again at the close to get the final
confirmed ones
mean reversion systems update; at this moment in time, all the
mean reversion systems are looking to close out except for the QE
BTS on ES - though even if that one holds, I may elect to scale out
of some of it
on the attached image - this system is on the bottom right
possible exit on these systems in yellow if prices close up near
morning highs
SPY mean reversion systems - CCI divergence
- QE BTS
- Trend/Pullback
MES mean reversion systems - CCI divergence, Trend/Pullback
- Trend/Pullback
$SPX - Chart Link- as you know price has been
chopping around in this resistance zone, with some RSI and MACD
divergence, plus can count 5 waves
that said, above that resistance are, there's sort of a thin
zone up to 5110 - basically that big red down candle you see on
April 15th doesn't offer any resistance, so if price can push again
later on into that area, it probably melts up to that 5110, but for
now price is struggling in this current resistance zone with some
divergence
No, I haven’t blown up my plan. I have made almost 20k in
profits the last two days. I have paid for this service for over
ten years and followed it pretty closely, but you’re right, I
struggle with developing a plan. And you’re right , I tend to
swing too hard and too fast, then react. Also I am a swing
trader, not a day trader, so interpreting day trade comments and
trying to convert them to swing trade action is a bit difficult.
I am using IRA money and have to respect the 2 day
restriction on selling. Per our DUST/GDX example, maybe I can learn
to enter and exit in increments so that I have more flexibility in
timing and can make more gradual shifts instead of too much all or
nothing. I have learned a lot from you, but not enough, and I tend
to trigger you when I ask a dumb question. Sorry for that. I’ll
work on it.
Posted by mastermind on 23rd of Apr 2024 at 02:40 pm
At the risk of annoying Matt by trying to guess the system, I
would say that there are lots of possibilities. Maybe ACMR, APP,
CAT, CVNA, TDW, maybe CLSK finally! and maybe even AFRM. Several
ETFs are good possibilities, but I'm looking particularly for
XBI/LABU and IWM/TNA.
well - one day 100
STS Systems - any early reads available on what is ...
Posted by matt on 23rd of Apr 2024 at 03:08 pm
well - one day 100 years from now when we finally launch the high performance systems LOL, the KISS tables will be updating all day long
Thanks! Super helpful! You used
STS Systems - any early reads available on what is ...
Posted by DigiNomad on 23rd of Apr 2024 at 03:06 pm
Thanks! Super helpful! You used to do this all the time way back when...years ago...but I understand why you stopped. Anyway, a day like today might get a lot of triggers so nice to have orders teed up ahead of time based on the pre close look.
I stepped away for 10
Posted by DigiNomad on 23rd of Apr 2024 at 03:04 pm
I stepped away for 10 minutes and missed this - must have triggered the second I looked away.
DigiNomad - I ran an
STS Systems - any early reads available on what is ...
Posted by matt on 23rd of Apr 2024 at 03:02 pm
DigiNomad - I ran an update so you can see what the systems are looking at right now - again these can change depending on the close, which I'll be running again at the close to get the final confirmed ones
https://breakpointtrades.com/sts_table/?search=BPT_basket
PANW - would be nice
Posted by foody518 on 23rd of Apr 2024 at 03:02 pm
PANW - would be nice to see follow through
mean reversion systems update; at
mean reversion systems possible exits
Posted by matt on 23rd of Apr 2024 at 02:57 pm
mean reversion systems update; at this moment in time, all the mean reversion systems are looking to close out except for the QE BTS on ES - though even if that one holds, I may elect to scale out of some of it
on the attached image - this system is on the bottom right
possible exit on these systems in yellow if prices close up near morning highs
SPY mean reversion systems
- CCI divergence
- QE BTS
- Trend/Pullback
MES mean reversion systems
- CCI divergence, Trend/Pullback
- Trend/Pullback
QE BTS holding
what is triggering long today?
STS Systems - any early reads available on what is ...
Posted by matt on 23rd of Apr 2024 at 02:54 pm
what is triggering long today? I don't know yet, I could open and refresh it to see
ES 60 minute divergence leading
Posted by steve on 23rd of Apr 2024 at 02:54 pm
ES 60 minute divergence leading to a pullback here
CLSK Updated View
Posted by steve on 23rd of Apr 2024 at 02:53 pm
CLSK - Chart Link - mastermind - this one is still chugging
SPX 15 min
Posted by matt on 23rd of Apr 2024 at 02:53 pm
$SPX - Chart Link- as you know price has been chopping around in this resistance zone, with some RSI and MACD divergence, plus can count 5 waves
that said, above that resistance are, there's sort of a thin zone up to 5110 - basically that big red down candle you see on April 15th doesn't offer any resistance, so if price can push again later on into that area, it probably melts up to that 5110, but for now price is struggling in this current resistance zone with some divergence
SPX - if yesterday turns
Posted by DigiNomad on 23rd of Apr 2024 at 02:49 pm
SPX - if yesterday turns out to be a pattern, we might trade down into session VWAP into the close (currently 5060)
That was a reply to
Steve, Is it a good time to sell DUST?
Posted by steve on 23rd of Apr 2024 at 02:46 pm
That was a reply to Fluffy post where he stated he blew up his account via simulator - not to you, so please review closely to avoid any confusion.
WRB - dumped on earnings.
Posted by foody518 on 23rd of Apr 2024 at 02:46 pm
WRB - dumped on earnings. Very little price volume below
No, I haven’t blown up
Steve, Is it a good time to sell DUST?
Posted by mdgfain on 23rd of Apr 2024 at 02:44 pm
No, I haven’t blown up my plan. I have made almost 20k in profits the last two days. I have paid for this service for over ten years and followed it pretty closely, but you’re right, I struggle with developing a plan. And you’re right , I tend to swing too hard and too fast, then react. Also I am a swing trader, not a day trader, so interpreting day trade comments and trying to convert them to swing trade action is a bit difficult. I am using IRA money and have to respect the 2 day restriction on selling. Per our DUST/GDX example, maybe I can learn to enter and exit in increments so that I have more flexibility in timing and can make more gradual shifts instead of too much all or nothing. I have learned a lot from you, but not enough, and I tend to trigger you when I ask a dumb question. Sorry for that. I’ll work on it.
Oh, probably SPOT too, but
STS Systems - any early reads available on what is ...
Posted by mastermind on 23rd of Apr 2024 at 02:43 pm
Oh, probably SPOT too, but I sold half of my position there today.
At the risk of annoying
STS Systems - any early reads available on what is ...
Posted by mastermind on 23rd of Apr 2024 at 02:40 pm
At the risk of annoying Matt by trying to guess the system, I would say that there are lots of possibilities. Maybe ACMR, APP, CAT, CVNA, TDW, maybe CLSK finally! and maybe even AFRM. Several ETFs are good possibilities, but I'm looking particularly for XBI/LABU and IWM/TNA.
UNG Views
Posted by steve on 23rd of Apr 2024 at 02:39 pm
UNG - Chart Link
UNG - Chart Link
Thanks. That was helpful.
GDX 120 Additional Comments
Posted by mdgfain on 23rd of Apr 2024 at 02:34 pm
Thanks. That was helpful.
I think it's doubtful that
SPX Breadth Thrust? - Another nightly newsletter / video I ...
Posted by mastermind on 23rd of Apr 2024 at 02:30 pm
I think it's doubtful that IBD would call this a confirmed rally only two days after they said the market went to correction, but I could be wrong.
BAND on the run
Posted by DigiNomad on 23rd of Apr 2024 at 02:21 pm
BAND on the run