nah it's going to vary - it's not a hard set number, I think the
initial stop is below a PSAR or ATR, which will vary in price
the breakout system is the one system that uses a stop initially
out of the mean reversion systems, the mean reversion systems do
not use a stop at first, until you get a mean reversion
bounce.
and I guess technically the breakout is not really a mean
reversion system, I just have it with that mix. The breakout system
has a ton of logic to it, one of the main things it uses for entry
is the ADX with +DMI and -DMI - it looks for +DMI and ADX
expansion
yep and thanks for posting that! I receive emails now and then
from folks saying: how can I trade the ES systems signals, I don't
trade trade futures. I always tell them, you don't have to, just
substitute ETF's in place
$VIX - Chart Link- 60 min, as you know nice
rally yesterday off that support and MACD divergence. Note: there's
an open gap above that is likely a target, those gaps are generally
filled on the VIX
$VIX - Chart Link- daily, I called this last
year, I said watch for a bounce in the VIX given how strongly the
down slope of the lower BB's was, was unsustainable
The community is delayed by three days for non registered users.
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
thx, anything in that old
FAQ video link not workingI am reviewing the FAQ (again) ...
Posted by matt on 15th of May 2024 at 02:13 pm
thx, anything in that old FAQ is old, 10 years plus, needs updating
GDX
Posted by matt on 15th of May 2024 at 11:36 am
GDX - Chart Link- that pullback on the 60 min from the highs had a cup and handle look to it prior to today's breakout
GDX - Chart Link- daily
MSTR nice
Posted by matt on 15th of May 2024 at 11:34 am
MSTR - Chart Link-
NYSI systems working out
Posted by matt on 15th of May 2024 at 11:13 am
$NYSI - Chart Link-
$NYSI - Chart Link-
nah it's going to vary
ES breakout system working out so far
Posted by matt on 15th of May 2024 at 11:04 am
nah it's going to vary - it's not a hard set number, I think the initial stop is below a PSAR or ATR, which will vary in price
the breakout system is the one system that uses a stop initially out of the mean reversion systems, the mean reversion systems do not use a stop at first, until you get a mean reversion bounce.
and I guess technically the breakout is not really a mean reversion system, I just have it with that mix. The breakout system has a ton of logic to it, one of the main things it uses for entry is the ADX with +DMI and -DMI - it looks for +DMI and ADX expansion
that was also discussed before,
ES breakout system working out so far
Posted by matt on 15th of May 2024 at 10:58 am
that was also discussed before, was 5182, entry was around 5245
that stop is about 0.7%
ES breakout system working out so far
Posted by matt on 15th of May 2024 at 10:53 am
that stop is about 0.7% above the entry price. I mention that for folks who may have bought ETF's instead, so can use as a guide
the stop is 5262, you can also look at where approximately that would be on SPY or SSO or whatever you bought
the stop is listed right
ES breakout system working out so far
Posted by matt on 15th of May 2024 at 10:52 am
the stop is listed right in my post man
ES breakout system working out so far
Posted by matt on 15th of May 2024 at 10:49 am
so far working out, stop is still around 5262 that is now ABOVE entry!
Following up on names
Posted by matt on 15th of May 2024 at 10:02 am
DSL - Chart Link- ex dividend yesterday, but price moving back up today
CEG - Chart Link- continues following through, trail stops up, it's had quite a move, perhaps a stop at yesterday's lows now
FE - Chart Link- been on the list for a few weeks, steady eddy move higher
BIIB - Chart Link- following through nicely! finally moving pretty good. Triggered about 2 weeks ago from that flag pattern
yep and thanks for posting
SPY and ES mean reversion systems
Posted by matt on 14th of May 2024 at 06:45 pm
yep and thanks for posting that! I receive emails now and then from folks saying: how can I trade the ES systems signals, I don't trade trade futures. I always tell them, you don't have to, just substitute ETF's in place
STS tables updated, emails going out now
Posted by matt on 14th of May 2024 at 04:15 pm
https://breakpointtrades.com/sts_table/?search=BPT_basket
on the open MES breakout
SPY and ES mean reversion systems
Posted by matt on 14th of May 2024 at 04:07 pm
on the open MES breakout system trade, the stop currently is 5180
AVGO follow up
Posted by matt on 14th of May 2024 at 03:57 pm
AVGO - Chart Link-
VIX comments
Posted by matt on 14th of May 2024 at 09:39 am
$VIX - Chart Link- 60 min, as you know nice rally yesterday off that support and MACD divergence. Note: there's an open gap above that is likely a target, those gaps are generally filled on the VIX
$VIX - Chart Link- daily, I called this last year, I said watch for a bounce in the VIX given how strongly the down slope of the lower BB's was, was unsustainable
XOM ex dividend today
Posted by matt on 14th of May 2024 at 09:37 am
XOM - Chart Link-
JETS following through
Posted by matt on 14th of May 2024 at 09:31 am
JETS - Chart Link-
Monday May 13th Newsletter and Video
Posted by matt on 13th of May 2024 at 09:40 pm
Youtube Video Monday May 13th, 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 Monday May 13th standard Webpage Format - contains all the dynamic chart links
LU coiling
Posted by matt on 13th of May 2024 at 07:58 pm
LU - Chart Link-