Maybe i'm missing something on the kiss system? do we know
what the price of entry will be for the 2 day SPX kiss
system before we enter the trade. thanks
again guys - I wrote up some commentary on this the other
day.
Weekly has been no change it never exited, 2 day, daily long
both versions long yesterday and then today. QQQ 2 day is the only
one not back long, while daily is
as far as the market - realize that two viable options for the
market are that a 4th wave low is in and slight new highs will be
formed, or 2 a lower high wave B forms that sucks the bulls in
tricks the bears to cover, then we go down yet again. My thought is
at this point a stop at yesterday's higher lows on the QQQ and SPX
could be swing stop areas
longer term my concern is that the Quarterly charts will
eventually need a longer consolidation to work that off - so my
view that even if market makes new highs, it won't just run away,
the easy money has been made from Mar lows of last year till now.
Short term lows are either in we are still in this complex
correction
for me the KISS stuff, as I've stated is not a full entry and
exit system - it has entries but it's best at the moment more as a
tool to manage an existing position in an uptrend. Generally it's
best to get your own entries off some other trigger. I know
everyone wants the perfect turn key thing but at the moment that
doesn't exit and trend systems with a perfect entry and exit are
extremely difficult - far more so than reversion to mean systems
like the SPY.
anyway lots going on - earning season, etc. My thoughts if I
felt like the bottom was in , my swing stop could be the higher
lows I discussed in last night's video - the right shoulders on the
SPX and QQQ. If I was still nervous then I might consider
waiting for more evidence, or some combination. Many factors and
there is not one simple answer.
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Maybe i'm missing something on
Posted by najor on 10th of Oct 2021 at 12:06 pm
Maybe i'm missing something on the kiss system? do we know what the price of entry will be for the 2 day SPX kiss system before we enter the trade. thanks
it's been long, along with
Posted by matt on 10th of Oct 2021 at 01:53 pm
it's been long, along with the daily.
again guys - I wrote up some commentary on this the other day.
Weekly has been no change it never exited, 2 day, daily long both versions long yesterday and then today. QQQ 2 day is the only one not back long, while daily is
as far as the market - realize that two viable options for the market are that a 4th wave low is in and slight new highs will be formed, or 2 a lower high wave B forms that sucks the bulls in tricks the bears to cover, then we go down yet again. My thought is at this point a stop at yesterday's higher lows on the QQQ and SPX could be swing stop areas
longer term my concern is that the Quarterly charts will eventually need a longer consolidation to work that off - so my view that even if market makes new highs, it won't just run away, the easy money has been made from Mar lows of last year till now. Short term lows are either in we are still in this complex correction
for me the KISS stuff, as I've stated is not a full entry and exit system - it has entries but it's best at the moment more as a tool to manage an existing position in an uptrend. Generally it's best to get your own entries off some other trigger. I know everyone wants the perfect turn key thing but at the moment that doesn't exit and trend systems with a perfect entry and exit are extremely difficult - far more so than reversion to mean systems like the SPY.
anyway lots going on - earning season, etc. My thoughts if I felt like the bottom was in , my swing stop could be the higher lows I discussed in last night's video - the right shoulders on the SPX and QQQ. If I was still nervous then I might consider waiting for more evidence, or some combination. Many factors and there is not one simple answer.