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This is great, I'd love to get more Spy trade opportunities

I really like this idea!

SPY systems comment example

Posted by focus175 on 4th of Nov 2020 at 12:03 pm

I really like this idea!

Love it!. I think the SSO % gain for the trade is off though. 

PNTG cup & handle look

Posted by focus175 on 29th of Sep 2020 at 03:39 pm

PNTG cup & handle look

Click "Systems" and then "Spy". Once on the spy page, click the "Trades" tab

Matt is there somewhere that


Posted by focus175 on 25th of Sep 2020 at 01:09 pm

Matt is there somewhere that shows how many 1st, 2nd, and 3rd entries the systems took during that period that you have the stats for? Trying to tweak my position sizing on the different entries, incorporating the probabilities of how often each entry triggers. 

Matt explains what the first alarm price is here.

In summary it is not the price that triggers the trade. Other than the spy system they do not send out buy or sell prices. The alarm is set  near an area that price MAY break to the upside for a long or down for a short. Never buy off an alarm, it's purely a heads up that if you're tracking a potential stock entry that it's price has hit that alarm price, and it may be in a place to trigger. The expectation here is that you determine what your trigger is before price hits that alarm price. The alarm simply helps you know that price is near an inflection point, and depending on your criteria to enter a trade, price may be near that point. 

Regarding the second alarm price my understanding is, when they put a trade idea that looks like it could either break to the upside for a long or break to the downside for a short, the first alarm is a heads up that price is moving to the upside and may fit your criteria to go long, while the second alarm is a heads up that price is breaking to the downside and may fit your criteria to go short. Generally speaking I find that by the time an alarm goes off as, price has moved past what I want to buy it at, so I don't focus on the alarm, but instead review the trade ideas and  determine what my trigger would be to initiate a trade.

I have a question on

Posted by focus175 on 16th of Aug 2020 at 01:55 pm

I have a question on improving sell rules. I either buy in the pattern on a trigger or at a break above the upper TL of say a coil, then I place my stop (either a little below the last higher low in the pattern, or just below the pattern). Many times as you know, price breaks out and retests the TL. What I’m trying to determine is how often when price retests the break of the TL, does it go back into the pattern and then reverse and break out again and resume the uptrend, versus price breaks out, reverses and comes back into the pattern, and then sells off and starts a downtrend. Like what are the clues, other than a big bearish engulfing candle and heavy volume, that point to, hey it may be wise to sell before hitting your stop. 

Aka, I’m trying to determine if probability wise, if price comes back into a pattern, how much room should I give it, before the probability of it continuing an uptrend starts decreasing…as I’d rather sell it early before it hits my stop loss, IF the price action of price breaking out, and then reversing back into the pattern “x%” or to a certain FIB level in a pattern, lowers the probability of it turning back to the upside, breaking out again and continuing the uptrend. 

PINS  looking interesting

Posted by focus175 on 14th of Aug 2020 at 12:20 pm

PINS  looking interesting

Visa cup and handle look.

Posted by focus175 on 29th of Jul 2020 at 02:57 pm

Visa cup and handle look.  It reported yesterday.

TTM Coil

Posted by focus175 on 28th of Jul 2020 at 11:48 am

Excited you're doing these Matt. Looking forward to your upcoming ones!

If you click in the link, Matt mentions he'll have a recording for those that can't attend.

RHHBY Watching for a retest of

Posted by focus175 on 18th of Jul 2020 at 03:18 pm


Watching for a retest of pattern break. Reports on Thursday 7/23. IBD50 play that is taking part in genetic testing for cancer.

Looks like the PMOBuyAll went

Posted by focus175 on 6th of Jul 2020 at 09:55 pm

Looks like the PMOBuyAll went long today?

UGAZ be careful with as it's a 3x leverage etf and as Steve says, it's a widow maker if you're not extra careful. 

UNG is a non-leveraged way to play natural gas. However note that it's taxed as a limited partnership.

I agree, I'd like you

SPY Systems

Posted by focus175 on 11th of Jun 2020 at 03:30 pm

I agree, I'd like you to keep the reversion to mean systems. It's honestly the biggest reason I joined, and I would be very sad to see them go away. 

I think it's important like you said to remember that these are based off statistics and we are outside the statistical norms this year. That said, no trading strategy is 100%, so one must determine the max drawdowns they are willing to take and trade with a position size according to that, which I know is challenging when we are waiting for the system to send a sell signal and we don't have an actual stop that we can use to help determine the position size. 

All that to say, I do hope you keep sending out the signals Matt. Having a mechanical system like this to add to my strategies has been very beneficial over time. 

Here's some setups to monitor.

Posted by focus175 on 10th of Jun 2020 at 09:03 pm

Here's some setups to monitor. Note the volume and support. Most had quite a bit lighter volume on the pullback and check out that heavy volume prior. I'd only be looking at these for a short term swing trade, maybe a few days or a week. I don't know enough about these companies long term to be looking to stay in them beyond that. 

Hey Matt, also wanted to

Weekend Newsletter

Posted by focus175 on 10th of May 2020 at 10:57 pm

Hey Matt, also wanted to speak up and say I really appreciate all you do to push the envelop.. I've been really looking forward to utilizing the  trending DVT you've been working on  and really appreciate being able to use your systems. I know this stuff take an incredible amount of time and work. Thank you for all you do!

So sorry to hear of

Administrative Note:

Posted by focus175 on 30th of Mar 2020 at 12:00 pm

So sorry to hear of your loss, my deepest condolences Steve. 


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