Food for thought: I am primarily interested in managing my long
term investments i.e..401k , IRA, etc... I know you are working on
the DVT stop and BPT MA but would it be possible to utilize the BPT
more effectively by trying out a 4 hour/3.5 hour chart (or
other time frame) and using the red/green signal as our primary
indicator for that purpose? Also, is it possible to send the ELD to
tradestation?
hi Ron good question, this is more for after hrs though, we try
to trade, post updates on setups during the day and intra day
market observations.
I will say that long term and 3 and 4 hr charts makes no sense,
that's more of a swing type trading not long term. Long term
would be daily and maybe weekly.
again I'm working on this, Steve does not, it's all me. I
try to put a little work on it every day, but obviously with
newsletters, family, trading, posting here it takes time. I'm
in the middle of working on a bunch of early signals to get one
back into trends, currently a lot of work with my Stochastic
indicators (50% area), other things. I'll do a video sometime
soon on the rules I'm looking at.
again it's gonna take some time. The good thing I'll say is that
we are approaching summer time frame soon, the market will probably
chop around along vs strong trends. So that will give me time to
flesh all this out.
again I'll provide updates as I get them, however I do think it
makes sense for me to make a video soon on my progress
Matt/Steve Food for thought: I am
Posted by ronroy on 19th of May 2020 at 11:52 am
Matt/Steve
Food for thought: I am primarily interested in managing my long term investments i.e..401k , IRA, etc... I know you are working on the DVT stop and BPT MA but would it be possible to utilize the BPT more effectively by trying out a 4 hour/3.5 hour chart (or other time frame) and using the red/green signal as our primary indicator for that purpose? Also, is it possible to send the ELD to tradestation?
Thanks,
Ron
hi Ron good question, this
Posted by matt on 19th of May 2020 at 12:10 pm
hi Ron good question, this is more for after hrs though, we try to trade, post updates on setups during the day and intra day market observations.
I will say that long term and 3 and 4 hr charts makes no sense, that's more of a swing type trading not long term. Long term would be daily and maybe weekly.
again I'm working on this, Steve does not, it's all me. I try to put a little work on it every day, but obviously with newsletters, family, trading, posting here it takes time. I'm in the middle of working on a bunch of early signals to get one back into trends, currently a lot of work with my Stochastic indicators (50% area), other things. I'll do a video sometime soon on the rules I'm looking at.
again it's gonna take some time. The good thing I'll say is that we are approaching summer time frame soon, the market will probably chop around along vs strong trends. So that will give me time to flesh all this out.
again I'll provide updates as I get them, however I do think it makes sense for me to make a video soon on my progress
now back to trading
+1 on the answer too!
Posted by tahoe on 19th of May 2020 at 12:13 pm
+1 on the answer too! Thanks Matt - it is most helpful that you take time away to provide this feedback - very much appreciated!
+1 on this question!!!
Posted by bulf6285 on 19th of May 2020 at 12:00 pm
+1 on this question!!!