Is the 2nd entry on MES future confirmed?

There might be a problem of communication regarding the Mean Reversion Trading Systems. As of yesterday morning in the ES section there were "only" 3 positions opened, 1 for each System. Today I saw there were 6 open! Congrats for the call, but I just received 1 alert-notification via email Friday morning. When had the alert for the other 3 been sent and how? Thank you.

• Hello, Can anyone tell me how Smart Trailing Stops are meant to be used... Are these hard stops, or the close of the day is what matters regardless of what happens intraday? Thanks.

I see no open DVDS or any other open shorts. . .When was it issued? Why isn't it on the systems page?

Thanks Matt. I read the Sept 28 post on stops. I am emotionless. Infact I am not trading.  I just wanted to know what the procedure is, the one you use to close the position and calculate profit and loss, without using hindsight. I am finding out it is subjective and not suggested by the trading system. That makes me wonder what makes you declare a position closed (obviously in real time to avoid the hindsight issue). Thanks again. 

Sorry guys, I am new to the system... Question: Are stop losses pre-defined/ pre-set, or do we wait for the system to trade and Matt will notify us by mail? Thank You. Cheers

Matt, why don't you send the signals over just to us guys residing outside the US ?!

...BPT Ma delux is no longer a Beta T.S ?! Good! :)

 Matt, as you often say, I actually paid for my 6 month membership (just renewed) with this present SPY Pro trade alone... I wanted to let you know ;)  I am aware we cannot always win, but so far...so good! Cheers, mate! Marco

...have you backtested your "rebalancing" strategy?

Wait, wait...BPT was not in the market back in 2000, and paint dry is 'optimized' to work with those ol' data, ex post ! :)

Gas..+ a continent which is getting smaller. Anyway all the mess is made within Ukranians, no such interference by Europe

It broke a H&S formation just few days ago; now it's testing the neckline, probably due to this new...

Nice selection of just-about-to-break-through stcks on today's market recap . Thank you.

Yes Crap. And Pathetic the way these wave counts go back and forth adapting themselves to the graphical structure AFTER it is built.

As for Fibo retracements it has been proved prices do not know of their existence. And you could sort of test it by yourselves.

What happens and why these SEEM to work has to be seeked in your mind. As we believe we see shapes in the clouds or in the shadows because we are adapted to reconduct events and images to what we know, or better, to what we believe

T. A. is great already and there is more than enough there to conduct undisputable test proof analisys.

Somebody has commented that since all traders adopt them Fibo and Elliott work as a self fulfilling profecy. Perfectly right for other more valid isntruments, but, sorry, not for those two.

I do not have to say who I am and for how long I've been following Matt&Steve to make what I am saying valuable or unvaluable. So use the same approach toward a 13th century mathematician from Pisa. It would be fascinating if this ancient wisdom worked, but it just does not, at least in the way it is used .

It is a theory, let's well consider it (why not), in the back of our mind it could well be present, but that's it.

Elliott waves, Fibonacci numbers and Fibo. retracements = ALL CRAP

So 80% of the daily updates is a useless waste of time.

You should stick to graphical patterns, trend lines, resistance & supports, oscillators and quantitative analisys and that is more than enough to have a SOUND situation.

While Matt  is probably taking a shower ;-) I try to answer you. The important one is the "K" time period : 60 the rest is 3, 3, and SimpleM.Average. Then I think your setting would be sma, 60, 3, 3. bye

Regarding OIL - looking at the WTI index in the semi-log scale you see we have just (yesterday) hit the upper channel band running through the highs since end 2006. The line going through the lows is parallel to the former , adding credibility to whole channel.