here's a 60 min SPX chart with my indicators. As I stated before
a true swing stop would still go at the lows. However notice how
the fast BPT MA is read, if price can turn up and cause that to go
green, then a stop would be moved WAY up to that next level.
A couple other observations: the BPT BR Squeeze confrimed a long
where you see my yellow line on 6/4 at 2803.
so on the 60 min time frame, which I showed yesterday, a hard
stop using my swing method would now have a stop moving all the way
up to 120.8 on SSO. Long entry would have been 114.85 based
on the BP Squeeze confirm. However as well all know the SPY system
is still long so one would have already been long anyway
For long term investments, we are using the Daily vs. 60 minute
chart, correct? From the last newsletter, the Squeeze turned green
(on the daily) but hadn't confirmed yet. Please let me know if I am
reading this correctly. Thanks for all you do!
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SPX 60 min long swing example
Posted by matt on 12th of Jun 2019 at 12:24 pm
here's a 60 min SPX chart with my indicators. As I stated before a true swing stop would still go at the lows. However notice how the fast BPT MA is read, if price can turn up and cause that to go green, then a stop would be moved WAY up to that next level.
A couple other observations: the BPT BR Squeeze confrimed a long where you see my yellow line on 6/4 at 2803.
so on the 60 min
Posted by matt on 13th of Jun 2019 at 09:57 am
so on the 60 min time frame, which I showed yesterday, a hard stop using my swing method would now have a stop moving all the way up to 120.8 on SSO. Long entry would have been 114.85 based on the BP Squeeze confirm. However as well all know the SPY system is still long so one would have already been long anyway
For long term investments, we
Posted by kab34 on 12th of Jun 2019 at 01:04 pm
For long term investments, we are using the Daily vs. 60 minute chart, correct? From the last newsletter, the Squeeze turned green (on the daily) but hadn't confirmed yet. Please let me know if I am reading this correctly. Thanks for all you do!