Looks like the SPY Pro system will probably take a long trade
today.
At this time the SPY Ver 2 and SPY RSI 2 systems are not getting
a buy signal yet, lower prices are required. If the market
continues to sell off however these systems make take a trade, but
at this time lower prices are required.
The SPY Pro system hasn't had a losing trade in a long long
time, so we'll see.
I will follow up with an email near or at the close for
confirmation.
Quick update - at the moment the SPY Pro system is NOT giving a
buy signal because a filter has been hit. Again I'll let you
know at the end of the day
SPY systems
Posted by matt on 11th of Dec 2013 at 12:21 pm
Looks like the SPY Pro system will probably take a long trade today.
At this time the SPY Ver 2 and SPY RSI 2 systems are not getting a buy signal yet, lower prices are required. If the market continues to sell off however these systems make take a trade, but at this time lower prices are required.
The SPY Pro system hasn't had a losing trade in a long long time, so we'll see.
I will follow up with an email near or at the close for confirmation.
Quick update - at the
Posted by matt on 11th of Dec 2013 at 03:21 pm
Quick update - at the moment the SPY Pro system is NOT giving a buy signal because a filter has been hit. Again I'll let you know at the end of the day
Another update - looks like
Posted by matt on 11th of Dec 2013 at 03:41 pm
Another update - looks like SPY needs to close below 178.78 to trigger the SPY system back long, that will change some however
Matt, Is it a buy?
Posted by sbwoman on 11th of Dec 2013 at 04:03 pm
Matt, Is it a buy? It closed below 178.78?
spy system
Posted by cbinn on 11th of Dec 2013 at 04:55 pm
Has there been a final notification concerning the trade of the spy pro?
there was a second email
Posted by matt on 11th of Dec 2013 at 05:00 pm
there was a second email sent out
also remember you can check the trade list on the website, here's a link
http://breakpointtrades.com/basket/past_trades.php
if an inverse h\s could form
Posted by roger on 11th of Dec 2013 at 04:05 pm
if it formed a inverse right shoulder on like the 10 min - i might bite
not happening today though -
didn't have the guts to
Posted by hawkinslf on 11th of Dec 2013 at 04:02 pm
didn't have the guts to take it, Matt. Thanks though....
The RSI 2 system needs
Posted by matt on 11th of Dec 2013 at 04:05 pm
The RSI 2 system needs lower prices still, so perhaps you can wait for that one if we get them
neckline broken
Posted by pimacanyon on 11th of Dec 2013 at 03:56 pm
It will be scary to take a long here as SPX is trading right around the neckline of the H&S top. A break below has a target of around 1745.
On the other hand, a system is a system. It doesn't work if you don't take all the trades.
A system is a system
Posted by sonofrebel on 11th of Dec 2013 at 04:07 pm
A system is a system - and the VIX closed (just) above the BBand as well
ALARM
Posted by jmagaia on 11th of Dec 2013 at 01:12 pm
Hi! This my first time that I come here with some time.
And I see a right window call "ALARM".
This is your suggest for daytrade or swingtrade?
Thanks
hello jmagaia - welcome and please
Posted by matt on 11th of Dec 2013 at 01:42 pm
hello jmagaia - welcome and please read this FAQ on those alarms, they are not buy and sell signals, here's a link:
http://breakpointtrades.com/market_lab/index.php/faq/#771
also check your private inbox (you will find it on the left), I'm sending you some new member info to help you navigate around the site
Backtest systems
Posted by jmagaia on 11th of Dec 2013 at 01:50 pm
Thanks for the advice for ALARMS.
One more question:
you have some image or some video for results in past for your systems or some of them. But some specific period:
Example, for 2007-2009?
Or 2007-2011?
Many thanks
note: so i have new... not follow yet your systems
SPY Pro
Posted by pimacanyon on 11th of Dec 2013 at 12:24 pm
Thanks for the heads up, Matt!