last night I made a short video on this concept, however here's
an expansion on it with a little more detail. In stead of the
typical reversion to mean trades that are counter trend, this
method is trend following, pretty useful and I show how to use the
BR Squeeze indicator as a nice guide, I can share that indicator
for TS or Ninja for free
watch the video yesterday on my concerns about it as I may add
filters on it for the new SPY Pro that are not in place on this
one.
The trade is pretty basic, called a Trap trade, it's where an
indicator like Stochastics gets overbought and price is below a
short term MA. There's other rules as well, which I'm not
going into here
here's a short educational video I made on that SPX 60 min chart
I posted yesterday, this expands on that BR Squeeze, using other
simple indicators like an ATR trialing stop, price action,
candlesticks etc. Again there's no magic indicator,
indicators are best used in conjunction with others and most
importantly price action. Price action is king, indicators
are used a tool with price action.
Educational Video on buying pullbacks in a trend
Posted by matt on 20th of Jan 2016 at 03:07 pm
last night I made a short video on this concept, however here's an expansion on it with a little more detail. In stead of the typical reversion to mean trades that are counter trend, this method is trend following, pretty useful and I show how to use the BR Squeeze indicator as a nice guide, I can share that indicator for TS or Ninja for free
CLICK HERE to watch the Video
BR Squeeze indicator for Ninja
Posted by zubeldia on 27th of Jan 2016 at 06:16 pm
Matt, do you have the BR Squeeze indicator for Ninja somewhere in the web site for download? Sorry, I can only find the TS version.
yes of course, it's stated
Posted by matt on 27th of Jan 2016 at 08:27 pm
yes of course, it's stated on that post I made a while back, you can write into support and I'll send you a copy along with other useful indicators.
Here's the trade stats to
Posted by matt on 27th of Jan 2016 at 03:42 pm
Here's the trade stats to that particular trade type
what is the logic behind
Posted by cuqui69 on 27th of Jan 2016 at 08:24 pm
what is the logic behind this trade? Just want to know since is 100percent reliable!
watch the video yesterday on
Posted by matt on 27th of Jan 2016 at 08:26 pm
watch the video yesterday on my concerns about it as I may add filters on it for the new SPY Pro that are not in place on this one.
The trade is pretty basic, called a Trap trade, it's where an indicator like Stochastics gets overbought and price is below a short term MA. There's other rules as well, which I'm not going into here
here's a short educational video
Posted by matt on 26th of Jan 2016 at 09:56 am
here's a short educational video I made on that SPX 60 min chart I posted yesterday, this expands on that BR Squeeze, using other simple indicators like an ATR trialing stop, price action, candlesticks etc. Again there's no magic indicator, indicators are best used in conjunction with others and most importantly price action. Price action is king, indicators are used a tool with price action.
http://breakpointtrades.com/jing/Snagit14.mp4
was a nice example on
Posted by matt on 22nd of Jan 2016 at 01:57 pm
was a nice example on the 15 min chart there on the afternoon low for a long entry
you can see the strong trend via that indicator, so you buy the pullback if you get a trigger
Matt, is that BPT BR Squeeze much different from Squeeze indicator in other software?
Posted by disciple33 on 20th of Jan 2016 at 04:12 pm
My charting software has an indicator called "TTM Squeeze" that looks similar.
I posted an educational video
Posted by matt on 20th of Jan 2016 at 03:07 pm
I posted an educational video at the top
Ninja
Posted by jmagaia on 21st of Jan 2016 at 05:09 am
Thanks for this educational video.
I use Ninja Trader free EOD, and if you can do this indicator for it...
Many Thanls
I have that indicator for
Posted by matt on 21st of Jan 2016 at 09:56 am
I have that indicator for TS as well as about 10 other useful ones, you can write into support and I'll send you a copy