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Does anyone have a link for the cycle chart? My link from another newsletter stopped updating. 

XBI breakin out...

Posted by oreo on 19th of Sep 2024 at 10:38 am

XBI breakin out...

Hedging for a down move, so maybe we get an up move on the fed news? 

I saw that too. I think the chart he shows in the newsletters has a slightly different setting. He has mentioned that before. I wouldn't mind if the one in the newsletter was the primary one though. Seems to do a little better, at least lately. 

Thanks, I've been trading the rev to mean systems for many years and futures for a year or two. No issues, understand most of the nuances. First time with a rollover contract and assumed with the system taking a new trade (rsi 40) there would be some guidance issued on the rollover. 


Thanks Steve, is there a best time to do this? Will it affect prices if everyone holding that contract sells and rebuys the December futures contract? I assume the 20th of Sept is that expiration date.

This may be a dumb

Posted by oreo on 10th of Sep 2024 at 08:48 am

This may be a dumb question but what happens to our rev to mean MES position for September when futures for this quarter expire (assuming it has not sold by that time)? 

Do we need to roll this over to the Dec contract? If so, does this entail selling and rebuying? TIA for answers

Thank you for posting that; very helpful... Supports at least a bounce(IMHO)! 

Yeah, was thinking of this for some family members who could care less about day to day but don't want to get caught in a big downdraft. 

The daily KISS charts would be great to have stats for though, thanks! 

It would be interesting to see the stats on this monthly system and also the daily kiss charts like you guys have posted on the high performance.

Would you be able to post those type of stats on these systems? 

Nothing could be worse or more tragic than losing a child.  So sorry for this family. And really tough for your daughter to have to go through losing a teammate like that. Prayers for you all! 

Timely chart on spxu!  Also noticed

SPXU, SPX 60 min charts

Posted by oreo on 22nd of Aug 2024 at 11:14 am

Timely chart on spxu! 

Also noticed put/call was low and outside BBs. 

Yeah, that's insane that the cell providers want that kind of money on the SMS messages. 

My daughter was in Africa for Peace Corps and we found that the telcos would charge $5/min to talk and some crazy messaging fee. So we basically lived on WhatsApp for a couple years to communicate which cost nothing...

Totally agree on WhatsApp. The nice thing is it has familiarity around the world and NO fees. 

After the WhatsApp choice for messages, I'd vote for good old email as you can set notifications on your phone to alert when an email is received or just check it hourly. Almost everyone has a phone in thier pocket and can check email a few times a day. 

This strategy would be amazing and the whole package in one, imho. 

It would be awesome if this strategy could be designed as a system and signals/stats generated but if not, I suppose we could follow the VIX/BB trades on our own when posted to the blog. 

Thanks for your constant innovation! 

I really don't think anyone here has been disrespectful, if anything, I think especially in the beginning, members were afraid to voice their true criticisms because they didn't want to be asked to leave.

I think members should be able to make criticisms of the system both good and bad. Sometimes it helps to have other opinions too.

The membership fee to the system is steep compared to the performance and there had been mention of some "free time". Since then, no one has addressed that.

I'm not sure what happened to my earlier post (possibly removed?) but I was simply stating a fact regarding costs associated with membership and how that impacts statistics as well.

I had stated in so many words that based upon a $10,000 trading account, 2.3% would be a gain of $230 but with memberships costs included ($600 for 6 months), this would actually not be a gain at all. I think it's fair to look at this in a critical way especially with the recent performance over 6 months of the system.

I can also state that most people that have a membership at Breakpoint Trades are not buy and holders but traders. So the fact that the index lost money in that period probably doesn't apply to most here to use for comparison.

You may want to at least put a trailing stop in since we are so oversold on the SPY.

 

Nice going and way to stay alert as to what's going on with this signal. It's paying off to all those who followed it!

 

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