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I use a spreadsheet. I have it set up similar to the one Matt has posted on the website.

Here is a weekly chart of UUUU with fibs.

QQQ approaching that Supply Zone

Posted by keyhole7 on 29th of Nov 2024 at 11:35 am

QQQ approaching that Supply Zone for a 3rd time

I'm looking for 20,805 

Tuesday Newsletter

Posted by keyhole7 on 27th of Nov 2024 at 09:55 am

I'm looking for 20,805 

Steve, I missed where you

Tuesday Newsletter

Posted by keyhole7 on 27th of Nov 2024 at 09:52 am

Steve, I missed where you posted or said your target on NQ was 20,852. I hate that too because that was on the money. Good call!

I exited MNQ at 20800

Posted by keyhole7 on 21st of Nov 2024 at 10:46 am

I exited MNQ at 20800 .... market kept moving higher. I was looking for another entry long but fortunately I stayed out so I did not get caught.  

ok...thanks for checking!

KISS SMS alerts

Posted by keyhole7 on 19th of Nov 2024 at 01:33 pm

ok...thanks for checking!

Check the KISS tables for

KISS SMS alerts

Posted by keyhole7 on 19th of Nov 2024 at 12:23 pm

Check the KISS tables for futures. I do not see ES or NQ in the tables. This happens frequently. Eventually they show up but I have not seen them since the 15th. If you go to the "Search" box and type @ , you should get @NQ, @ES, etc.

ok...thx

ES

Posted by keyhole7 on 18th of Nov 2024 at 02:04 pm

ok...thx

Steve, on the 1 hour

ES

Posted by keyhole7 on 18th of Nov 2024 at 02:02 pm

Steve, on the 1 hour chart for MNQ, is the BOS and Demand Zone drawn on this chart correct?

I noticed the demand zone also. If price flirts with the $182 level I will add to my position

I exited MSTR on the 11th. I re-entered this morning about 5 minutes after the open. There is a gap around the $178 area. What are the odds it goes that low before a bounce?

Silver,

I agree with Steve, Price is the only "real time" indicator and all other indicators lag. But I use indicators to help me make decisions. As the saying goes, different strokes for different folks, IMO, the same goes for trading plans. Some of the indicators I use are the 9ema, VWAP, and the Hull ma. I took Matt’s advice and changed the Hull ma length setting to 15. Yesterday I received the email saying NVDA was going long. I looked at my 1 hour and 15 minute charts.  I look for the 9ema to cross VWAP and the Hull ma to cross VWAP. NVDA is currently in an uptrend since Sept 6 th. After receiving the email I looked at my 15 minute chart and saw that both the 9ema and Hull ma crossed VWAP at 11:15 yesterday morning. (Yesterday would have been a better entry) After a short retreat last night, this morning at 7:15, VWAP, 9ema, and Hull ma were all moving in the same direction up. With the trend up, all indicators up, and the email confirmation of a long trade, I was comfortable taking the trade this morning.

I like Demand Zones and Supply Zones. It's great when Steve and Matt point them out.  There are Supply and Demand Zones everywhere on different timeframes.   I am waiting on the video Matt said he was going to put out explaining the zones. I want to learn how to determine which zones are valid and which zones are not valid.  Also, there are valid highs and valid lows as well as protected highs and protected lows. I trade stocks, options, ES & NQ futures so my trading plans are similar with varying differences.

I don’t want to mislead you. I am just a novice trader.  I'm sure Matt & Steve have forgotten more than I have learned about trading. I still work a full time job. I just wanted to give you some insight on how I trade.

On this website, If I have heard it once I have heard it a thousand times, "Trade your Plan". Like everyone else, I have charts with indicators. If the BPT signal lines up with what I am seeing on my charts, then I take the trade. An example, I look for new longs on the KISS systems. I sell PUTS on the stock when they go long. CRWD went long last Friday Sep 20th. I did not take the trade because my indicators were telling me to wait. Today will probably be the day to enter. I understand your example of a pilot trusting his instruments, but just as an instrument rated pilot, you have to practice till you get proficient and learn to trust your instruments. Learning to fly is expensive and learning to trade is expensive. 

Another example, NVDA went long today, I took that trade. My indicators, along with BPT, said it was going long, so I sold PUT options.

I've got all my marbles on MSTR...

I have 2 screens. My main screen is where I do my trade executions. It is the one that has my watchlist, Active Trader Tree,  Monitor, Trade, Analyze, MarketWatch, etc. tabs.  My other screen just has charts.

I am not familiar with the Flex Grid. I have 6 charts in a grid. While in the grid, if you hit the drop down, click Maximize Cell, It will lay the charts on top of one another and put 2 arrows next to the grid symbol in the top right of the chart. You can toggle between all 6 charts and each chart is full size. Each chart can be a separate time frame, separate indicators, etx. 

Yep, I use TOS as my trading platform. I have been with TOS since 2013. I really like the platform, when it was with TDAmeritrade. Schwab has changed something about the platform. I have issues now that I never had with TDA. Plus, TDAmeritrade use to offer DRIP which is a Dividend Reinvest Program that if you elected to reinvest your dividend in lieu of taking the money, they would buy the stock at a discount. Schwab does not offer that. My Fidelity account does offer DRIP. I get anywhere from $0.40 to about $0.90 off the closing price of the stock on dividend payout day. I have called Schwab more for assistance since they took over from TDAmeritrade then I think I called TDAmeritrade for 10 years.

not a problem


Some tidbit info on ES Futures.

ES Futures - $12.50 per $0.25 move so 1 full point = $50

MES Futures - $1.25 per $0.25 move so 1 full point = $5.00

Some trading platforms have day trading rules. Think or Swim requires you to have $25k in your account to day trade. When you trade Futures, the $25k does not apply. But you do have to have a minimum of $20,721.00 in your account to trade 1 Future. (That figure changes sometimes) Think or Swim charges $3.35 per side to trade /ES Futures so to buy and sell 1 future, the commissions are $6.70

ES Futures trade from 6pm EST Sunday to 5pm EST Friday. They close everyday at 5pm EST and reopen 1 hour later at 6pm EST

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