The community is delayed by three days for non registered users.

Thanks Steve.  I am watching  .

On the bigger picture, it's still within the flag with the a false breakout earlier this morning.  So it seems like more wait and see if you missed the chance to exit at the spike.  What do you think?

I forgot to set an alert so missed exiting at the highs.  I need to monitor now and reform an exit strategy.

What do we make on NINE here.  It’s literally all over the place.   $1 + range for this stock is a lot.

I would think not since it hit the 9MA.

Oh man I really wish I entered at the open.  Both of these would have been a pretty gain.  

Another point for a quick

Posted by patellee on 3rd of Aug 2023 at 01:08 am

Another point for a quick reversion to mean are the volatility systems.  Both EEM and QQQ are showing long to me on my volatility system charts.  Anyone else see that?

Better alternative to what?  Look

SPY QE MOMO went long

Posted by patellee on 2nd of Aug 2023 at 06:06 pm

Better alternative to what?  Look at the win % and profit factor.  I'm not sure what alternative you are looking for.

Approaching the 9EMA.  Closing out for a 240% gain.

I bought some Aug 11 puts on Google.  Anyone else dipping their toes in on this one?

If it can get past

VNET follow up

Posted by patellee on 26th of Jul 2023 at 02:22 pm

If it can get past the 50d MA it's going to be a quick move to the 200d MA.

Indeed.  Very helpful.   Thank you for sharing.  I wasn't aware this trick can work on options charts as well but now that you say it out loud of course it does, why wouldn't it.  I attached what I saw on the IWM chart but when I flip to options I see exactly what you pointed out.  Thanks for teaching us.


Andy:  I'm curious which time frames you were looking at on IWM on this trade.  None of my MACD Kiss / Stoch triggered today. 

I did a spot check and seeing inconsistent close prices on a number of stocks, XLE and META are other examples.

Was there an error on

Posted by patellee on 18th of Jul 2023 at 11:26 pm

Was there an error on some of the STS tables?  I see MSFT show a close of 344.10, whereas it closed at 359.49.

This right here is worth the price of admission ==> Don't dwell on it, always move forward and strive to get better.  [...] see what you could improve and do better in the future, but don't overly dwell on it and beat yourself up about it.

Do you have the links to those charts handy?  My search skills are lacking this afternoon.

Although the A's are starting to show up on KBE.

I went long KBE when $BKX was added on the Trade Ideas list.

Is EEM a short? Matt, hoping

Posted by patellee on 17th of Jul 2023 at 07:08 pm

Is EEM a short?

Matt, hoping you can touch on this for the newsletter tonight.  I am playing around with the volatility systems on my own and would today's move qualify it to be a short?  The EM VIX open above the the BB but closed inside.  Would this make it a good candidate to short?  See attached.

In general he does it based on closing price but everyone has their own risk threshold.  You should determine what yours is and trade accordingly.  I do it on a closing basis as well.

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!