Yes, that is correct pep8261. So the logical question would be
how does stockcharts have it on there?? I have stockcharts so I can
use those charts, just wanted to get it on ToS if even
possible.
ToS Users: Does anyone have a custom script that will add VWAP
to SPX? I know I can use VWAP on SPY or ES as proxies, but
would like to be able to add to SPX chart if possible.
Thanks
retirefire: I like XLE, it has decent option volume. I mistimed
my entry awhile back but then sold an ATM put near the low which
played out for a nice gain. Also can do covered calls for
additional income from time to time.
Well said James. I have been a member for 3 yrs now and the
system trades have been fantastic. I really like the addition of
the ES/MES. I hope Matt will reconsider keeping that one long term.
You don't have to deal with option theta decay or higher prices due
to volatility, and there is the tax benefit of trading futures over
stocks/options. The stats have been quite good since we
started tracking at the beginning of the year.
It has been interesting to see how much more these systems trade
in a more volatile bear market than a grinding up bull market. So I
can understand the confusion, especially if someone is relatively
new. As others have mentioned, pick a system trade, follow
the signals for that system, and don't concern yourself with any
additional systems trades that subsequently trigger.
Thank you to you Matt and Steve for all you guys do.
scooter, symmetry works in uptrends and downtrends. Only, in my
opinion, might need to see more of a difference to actually call it
a "break". Maybe still just a rounding error. Have to see where it
goes from here.
I believe Matt mentioned last week that the open ES Bear Long
trade entered on 7/13 is going to exit when the momo indicator
turns back red. Therefore, it's going to need a down day or a
flattening out for several days in order to trigger an official
exit would be my understanding.
Correct, the systems call for ES or MES contracts, no options
are discussed. Your account will have to be approved by your broker
to trade Futures. MES (Micro E-minis) is 1/10th of ES
(E-minis). So when MES Futures moves up or down one point, it is
worth $5, as opposed to $50 for a one point move in ES,
The community is delayed by three days for non registered users.
There was a ghost long
Golly gee, who coulda saw that coming? (sorry, last chart ...
Posted by craigm on 2nd of Sep 2022 at 01:05 pm
There was a ghost long on that last bounce - gone now. New one just printed....we'll see
/MESU22 expire in 17 days
When do we have to switch to the MESZ22-December ? ...
Posted by craigm on 30th of Aug 2022 at 10:37 am
/MESU22 expire in 17 days
I love trading the ES
observation on systems trading MES and SPY
Posted by craigm on 26th of Aug 2022 at 09:04 am
I love trading the ES system (using MES). The Buying Power Effect for 1 MES contract is approx $1,800 instead of having to tie up $20K for SPY.
Yes, that is correct pep8261.
ToS Users: Does anyone have a custom script that will ...
Posted by craigm on 24th of Aug 2022 at 02:50 pm
Yes, that is correct pep8261. So the logical question would be how does stockcharts have it on there?? I have stockcharts so I can use those charts, just wanted to get it on ToS if even possible.
ToS Users: Does anyone have
Posted by craigm on 24th of Aug 2022 at 02:29 pm
ToS Users: Does anyone have a custom script that will add VWAP to SPX? I know I can use VWAP on SPY or ES as proxies, but would like to be able to add to SPX chart if possible. Thanks
retirefire: I like XLE, it
Late to the show today, but was contemplating a plan ...
Posted by craigm on 23rd of Aug 2022 at 11:57 am
retirefire: I like XLE, it has decent option volume. I mistimed my entry awhile back but then sold an ATM put near the low which played out for a nice gain. Also can do covered calls for additional income from time to time.
Well said James. I have
We get an email like this every couple of months:"Since ...
Posted by craigm on 5th of Aug 2022 at 07:44 pm
Well said James. I have been a member for 3 yrs now and the system trades have been fantastic. I really like the addition of the ES/MES. I hope Matt will reconsider keeping that one long term. You don't have to deal with option theta decay or higher prices due to volatility, and there is the tax benefit of trading futures over stocks/options. The stats have been quite good since we started tracking at the beginning of the year.
It has been interesting to see how much more these systems trade in a more volatile bear market than a grinding up bull market. So I can understand the confusion, especially if someone is relatively new. As others have mentioned, pick a system trade, follow the signals for that system, and don't concern yourself with any additional systems trades that subsequently trigger.
Thank you to you Matt and Steve for all you guys do.
XLE - turned down at
FLGT, OXY follow up
Posted by craigm on 21st of Jul 2022 at 10:20 am
XLE - turned down at symmetry - maybe fill the gap?
scooter, symmetry works in uptrends
Is this a valid symmetry break or does the previous ...
Posted by craigm on 20th of Jul 2022 at 03:37 pm
scooter, symmetry works in uptrends and downtrends. Only, in my opinion, might need to see more of a difference to actually call it a "break". Maybe still just a rounding error. Have to see where it goes from here.
I believe Matt mentioned last
Bear Long close out today ? or holding on to ...
Posted by craigm on 19th of Jul 2022 at 03:22 pm
I believe Matt mentioned last week that the open ES Bear Long trade entered on 7/13 is going to exit when the momo indicator turns back red. Therefore, it's going to need a down day or a flattening out for several days in order to trigger an official exit would be my understanding.
Bet she already knew that
MCCONNELL: WON'T VOTE TO PROCEED ON CHIPS BILL AT THIS ...
Posted by craigm on 19th of Jul 2022 at 02:41 pm
Bet she already knew that and was able to lock in some profits at the highs - she's just that good a trader
Matt, will the ES Bear
Posted by craigm on 15th of Jul 2022 at 02:39 pm
Matt, will the ES Bear Long be exiting today?
Correct, the systems call for
ES Bear Long one of the systems took a long entry
Posted by craigm on 13th of Jul 2022 at 09:29 pm
Correct, the systems call for ES or MES contracts, no options are discussed. Your account will have to be approved by your broker to trade Futures. MES (Micro E-minis) is 1/10th of ES (E-minis). So when MES Futures moves up or down one point, it is worth $5, as opposed to $50 for a one point move in ES,
Futures more active than usual
Posted by craigm on 30th of Jun 2022 at 09:41 pm
Futures more active than usual for this time of night - Up 20 down 20
Best wishes on your 50th
Posted by craigm on 24th of May 2022 at 08:15 am
Best wishes on your 50th birthday Matt!
Congrats on your trades, great
Truly awesome day for trading!!!....sorry for boring you with my ...
Posted by craigm on 19th of May 2022 at 03:50 pm
Congrats on your trades, great charts - keep them coming
Thanks Matt. So glad to
I have an idea about these systems could be awesome for us
Posted by craigm on 13th of May 2022 at 04:11 pm
Thanks Matt. So glad to be part of this community and grateful for the work you, Steve, and team do.
No problems trading on ToS.
Is anyone trading on the THINKORSWIM platform? Orders are taking ...
Posted by craigm on 27th of Apr 2022 at 10:35 am
No problems trading on ToS. Try rebooting if you haven't already.
I hope he was following
Potential double bottom on the ES at the measured move ...
Posted by craigm on 23rd of Feb 2022 at 10:22 pm
I hope he was following the SPY system and bought Calls
the trades are all on
Can someone repost the system trades from Friday - I ...
Posted by craigm on 22nd of Feb 2022 at 09:58 am
the trades are all on the spreadsheet - including the MES. Check again