ES breakout system update

    Posted by matt on 4th of Nov 2019 at 12:08 pm

    as I pointed out last Monday the breakout sub system went long on ES, but didn't on the SPY version. That trade sent long at 3035, and so is nicely profitable about 3077 currently on ES. 

    Also a higher low stop is now active at 3045.25, so roughly 10 points over entry which means the trade will make money no matter what.

    I show this because it's an example of how even though I have the same breakout sub system on both SPY and ES, they do not do the same trades, this time it triggered on ES but not on SPY.  I think it makes the most sense running both systems together for averaging everything out and catching the most trades.

    Again in the future I may send both trade signals for the ES and SPY systems once I have the option data done.  

    Like the idea of access

    Posted by cozz101 on 4th of Nov 2019 at 12:43 pm

    Like the idea of access to the ES system as well; should up the number of trades and make us feel like we are participating in most of the substantial moves. Nice work on options too! 


    Posted by retirefire on 4th of Nov 2019 at 01:12 pm



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