Hello everyone, so far a nice gap and go Trend Day for the
market.
FYI regarding the SPY systems, the QE BTS system exit this
morning on the open, I elected not to take any of the SPY system
trades off for the website because I thought today had the
potential to be a Trend-type of day. The Trend/Pullback has 2
versions remain long, one is exiting today at the close and one
will continue to hold. The one that is let's call it Trend/Pullback
RVM, meaning reversion to mean. The second we'll call
Trend/Pullback RVM Swing, meaning it can at times try and hold for
a longer trade
I'm electing to exit the other SPY system call options here,
the 2nd entry 438 Feb call is currently trading for almost $37, was
purchased for around $27, and the 1st entry is trading at
$26.9, purchased around $22.8 . I'm going to go ahead and
keep the ETF portion of the Trend/Pullback long. That said you
could do whatever combination you wanted like selling 1/2 etc.
At the close only the Trend/Pullback system RVM swing will
remain long and be the only SPY system that is long
That said, yesterday during the trading day I pointed out the
symmetry break, therefore I can count that as the KISS system being
back long with stop at the lows. I think a good strategy is the
amalgamation of both the SPY reversion to mean and KISS trend
systems.
in fact I missed one of the SPY sub systems. The Strap had did a
trade, was basically the same as the CCI divergence
here's an image of the 12 Long sub systems: you can see the two
Trend/Pullback systems on the left, the one that closed out today
and the one that is still open at the top left. The QE BTS in
the middle left that closed out this morning on the open. The Strap
on the bottom middle right that closed out yesterday and the CCI at
the bottom right
I've been told that I have an undiagnosed ADHD, it's probably
true. Maybe one of you docs can give me a prescription to some
Adderall, however is it my ADHD that allows me to come up with all
the ideas all the time? oh whatever
Posted by tradeit007 on 7th of Dec 2021 at 11:57 pm
I love medical jargon, don't you? As soon as one says I've got
undiagnosed ADHD . . it just got diagnosed . . as undiagnosed
ADHD! Now what should we call it?
Haha....It can't help with the end of day stuff all
happening at once for your ADHD!
I know we have the obvious exits you have defined, 8 and 9 ema's
but I would love to take the burden off and somehow be able to see
these charts myself in real time.
I know you used to do a zoom of your screen for the
futures. Is there anyway you could share the SPY system screen on
zoom so that we could monitor the systems ourselves in those times
near market close when several systems may take trades?
From past experience, the QE BTS and CCI (both oversold and
divergence) have been so reliable, I would love to know when those
trigger in real time. I'm a little less apt to take the first
Trend trades because I know they trigger sooner and more often.
Although I did this time and made $$$ on these
trades.
Thanks for sharing your knowledge and I guess I'm kind of glad
you have ADHD as it leads to creativity!
Well, the bright side is that you are able to concentrate on so
much and get it all done. I could never do all you do. Have tried
and failed. Thanks for all!
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I sent this SPY system alert out - took the rest of the SPY call options off here
Posted by matt on 7th of Dec 2021 at 02:44 pm
Email sent out ......
Hello everyone, so far a nice gap and go Trend Day for the market.
FYI regarding the SPY systems, the QE BTS system exit this morning on the open, I elected not to take any of the SPY system trades off for the website because I thought today had the potential to be a Trend-type of day. The Trend/Pullback has 2 versions remain long, one is exiting today at the close and one will continue to hold. The one that is let's call it Trend/Pullback RVM, meaning reversion to mean. The second we'll call Trend/Pullback RVM Swing, meaning it can at times try and hold for a longer trade
I'm electing to exit the other SPY system call options here, the 2nd entry 438 Feb call is currently trading for almost $37, was purchased for around $27, and the 1st entry is trading at $26.9, purchased around $22.8 . I'm going to go ahead and keep the ETF portion of the Trend/Pullback long. That said you could do whatever combination you wanted like selling 1/2 etc.
At the close only the Trend/Pullback system RVM swing will remain long and be the only SPY system that is long
That said, yesterday during the trading day I pointed out the symmetry break, therefore I can count that as the KISS system being back long with stop at the lows. I think a good strategy is the amalgamation of both the SPY reversion to mean and KISS trend systems.
The Trend / Pullback RVM
Posted by matt on 7th of Dec 2021 at 02:52 pm
The Trend / Pullback RVM is exiting at the close - so you can do now or wait to close, your choice.
Thank you Matt! Great stuff.
Posted by piclez on 7th of Dec 2021 at 05:54 pm
Thank you Matt! Great stuff. I finally participated in this system trade with both SPY and NQ futures options, great trade, thank you!
thank you. I still struggle
Posted by matt on 7th of Dec 2021 at 07:22 pm
thank you. I still struggle though keeping track of it all, and with the TS locking up etc is a pain
in fact I missed one
Posted by matt on 7th of Dec 2021 at 07:24 pm
in fact I missed one of the SPY sub systems. The Strap had did a trade, was basically the same as the CCI divergence
here's an image of the 12 Long sub systems: you can see the two Trend/Pullback systems on the left, the one that closed out today and the one that is still open at the top left. The QE BTS in the middle left that closed out this morning on the open. The Strap on the bottom middle right that closed out yesterday and the CCI at the bottom right
I've been told that I
Posted by matt on 7th of Dec 2021 at 07:30 pm
I've been told that I have an undiagnosed ADHD, it's probably true. Maybe one of you docs can give me a prescription to some Adderall, however is it my ADHD that allows me to come up with all the ideas all the time? oh whatever
I love medical jargon, don't
Posted by tradeit007 on 7th of Dec 2021 at 11:57 pm
I love medical jargon, don't you? As soon as one says I've got undiagnosed ADHD . . it just got diagnosed . . as undiagnosed ADHD! Now what should we call it?
Haha....It can't help with the
Posted by cozz101 on 7th of Dec 2021 at 07:53 pm
Haha....It can't help with the end of day stuff all happening at once for your ADHD!
I know we have the obvious exits you have defined, 8 and 9 ema's but I would love to take the burden off and somehow be able to see these charts myself in real time.
I know you used to do a zoom of your screen for the futures. Is there anyway you could share the SPY system screen on zoom so that we could monitor the systems ourselves in those times near market close when several systems may take trades?
From past experience, the QE BTS and CCI (both oversold and divergence) have been so reliable, I would love to know when those trigger in real time. I'm a little less apt to take the first Trend trades because I know they trigger sooner and more often. Although I did this time and made $$$ on these trades.
Thanks for sharing your knowledge and I guess I'm kind of glad you have ADHD as it leads to creativity!
Well, the bright side is
Posted by brophy on 7th of Dec 2021 at 09:04 pm
Well, the bright side is that you are able to concentrate on so much and get it all done. I could never do all you do. Have tried and failed. Thanks for all!