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The stats are on the website under Systems > Spy > System Statistics > Longs and it's the one at the bottom.

Matt you mentioned potentially emailing

Posted by focus175 on 29th of Mar 2021 at 10:37 pm

Matt you mentioned potentially emailing out if the old system takes a third entry, I'd love to see this. I think it'd add a lot of value.

Why the preference of VGT over QQQ?

NIO could be interesting around

Posted by focus175 on 2nd of Feb 2021 at 03:40 pm

NIO could be interesting around a retest of the 50MA. Near a down trend line and ribbon pinch.

Any suggestion on brokers that

Posted by focus175 on 29th of Jan 2021 at 02:23 am

Any suggestion on brokers that don't have as many issues with being down? The recent activity has reminded me I need to search for a few new contingency plans. 

Some potential setups I'm seeing

Posted by focus175 on 24th of Jan 2021 at 12:39 pm

Some potential setups I'm seeing HYFM on a 240 min chart, ARLO, FEYE 

TENB holding up well. High

Posted by focus175 on 15th of Jan 2021 at 01:45 pm

TENB holding up well. High tight flag look. 

https://schrts.co/pgKUvZrz

For things such as: 1)  #

Posted by focus175 on 2nd of Jan 2021 at 10:30 pm

For things such as:

1)  # of Advancing Stocks vs. Declining Stocks 

2) # of Up on Volume vs. Down on Volume 

3) # of stocks making new 52 Week Highs vs. new 52 Week Lows

does anyone know where you can find those numbers? I know Stockcharts has charts for say the Advance/Decline, but I'm looking for somewhere where I can find and compare the actual  number of stocks that are up vs down that day, ect, for gauging daily market performance. 

Same here! The weekly base of IWM  looks like a lot of potential opportunity after the next pullback.

Great stuff, appreciate your tweaking and method for making adjustments!

Does this subsystem take 3rd entries?

Hi Matt,  curious on what

Posted by focus175 on 23rd of Nov 2020 at 10:02 pm

Hi Matt,  curious on what it'll take for the DVDS Spy Short to close? 

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 http://schrts.co/XrTpxATB

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

PNTG cup & handle look

http://schrts.co/XrTpxATB

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

Matt is there somewhere that

Friday

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. https://breakpointtrades.com/blog/post/330093/

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. 

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