In wednesdays newsletter did you say the 2 day
S&P kiss system went long a couple of days ago. If it did
I wish you would actually post it in the newletter and the Kiss
system section. Thanks
I discussed on Monday's letter the SPX going back long via the
symmetry break. Symmetry is not built into the system (not sure how
to do that) so is why I commented on it. Then on Tuesday in Steve's
letter both the SPX and QQQ charts had vertical lines on the KISS
charts. I understand it's hard to follow when an email is not
sent out etc, but I also have reasons for that as these re-entries
at times can be subjective like the symmetry break, and not 100%
clear cut like the SPY systems, I'm working on eventually
making it that way but it's hard.
again as I've been suggesting, until I can 100% figure out a
full system like with the SPY systems, I think it's best to enter
yourself based on your triggers (maybe use the SPY system to get in
early)
then AFTER the market is uptrending with DVT's use it like a
trailing stop-
but for entries be open to getting in early with triggers from
SPY systems or your own.
things I look for rentries:
- ABC's - now these are programmed into the system via the
4 color change
- confirmed break over the daily ATR - this can be quite late
though so I prefer an earlier entry
- 60 Stochastic confirmation over 50% from the 195 min 1/2
day
- Symmetry Break on upside rallies during a correction (like
we just saw) this is kind of subjective but not really, however I
don't know how to have the system do that on its own so I have to
point it out.
- price undercuts or tests the 200 day MA then reverses back
with a strong candle
- 60 Stochastic on the daily chart tags 50% or undercuts it
slight then you get a strong reversal candle up - stop at previous
candle low
- backtest and strong candle reversal off a weekly ATR
so those are basically my triggers that I'm working
with
trying to put them all together along with rules. It's
very hard as I stated, trending systems, reversion to mean is much
easier, but I think I'll be at a good spot here soon. I'm still
planning to do a video show casing these things
otherwise those triggers I listed above are very good and what
I'm focusing on
Matt - I would advocate to not blend these systems together. As
you state they have different purposes. A trading plan isnt like a
fast food item; everyone needs to develop their own methodology and
find what works. Many dont appreciate it takes a lot of
time/reading and not the same for each person. I have several
trade strategies based on setup and separate systems work. Thanks
again.
anyway like I commented, over the past year or so I've complied
a handful of triggers and rules., I'm closer to putting together a
more complete thing but still have work left, as I said it's very
complicated, much more so than one one think.
but otherwise I think my comments about at this time not getting
so caught up in re-entries, instead be open to triggers on your
side, or some of what I mentioned, even SPY system especially 2nd
entries if they occur. Then if you are in the SPX and the daily
KISS starts giving new DVT's, during an uptrending move - use it
more for that as a trade management trailing stop tool vs for
initial entries.
like I said, I'm working on some big things, but but all the
rules are not set where I feel I can just email it out like the SPY
systems, that are basically just like math equations, There are
some hard entries like ABC 4 color changes that show up, the
confirmed ATR breaks (but the ATR breaks can be late). I like the
ABC color changes but you don't always get them, so other earlier
triggers I like are the symmetry breaks on the rallies, 60
Stochastic and 50% level, things like that. I do think I did a
pretty good job this time about pointing out the symmetry rallies
during the correction as a guide to watch and pointed that break
out during Monday.
I know you had to take the Zoom cycles page down and were
working on bringing it back in some form. Any status of that? It
would be nice to see SPX cycles during the day again, or at least
the cycles tab updated periodically during the day somehow. As
subscribers, we dont see what it takes to put this all together so
not sure whats realistic.
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In wednesdays newsletter did
Posted by najor on 8th of Dec 2021 at 09:45 pm
In wednesdays newsletter did you say the 2 day S&P kiss system went long a couple of days ago. If it did I wish you would actually post it in the newletter and the Kiss system section. Thanks
I discussed on Monday's letter
Posted by matt on 9th of Dec 2021 at 01:11 am
I discussed on Monday's letter the SPX going back long via the symmetry break. Symmetry is not built into the system (not sure how to do that) so is why I commented on it. Then on Tuesday in Steve's letter both the SPX and QQQ charts had vertical lines on the KISS charts. I understand it's hard to follow when an email is not sent out etc, but I also have reasons for that as these re-entries at times can be subjective like the symmetry break, and not 100% clear cut like the SPY systems, I'm working on eventually making it that way but it's hard.
again as I've been suggesting, until I can 100% figure out a full system like with the SPY systems, I think it's best to enter yourself based on your triggers (maybe use the SPY system to get in early) then AFTER the market is uptrending with DVT's use it like a trailing stop- but for entries be open to getting in early with triggers from SPY systems or your own.
things I look for rentries:
- ABC's - now these are programmed into the system via the 4 color change
- confirmed break over the daily ATR - this can be quite late though so I prefer an earlier entry
- 60 Stochastic confirmation over 50% from the 195 min 1/2 day
- Symmetry Break on upside rallies during a correction (like we just saw) this is kind of subjective but not really, however I don't know how to have the system do that on its own so I have to point it out.
- price undercuts or tests the 200 day MA then reverses back with a strong candle
- 60 Stochastic on the daily chart tags 50% or undercuts it slight then you get a strong reversal candle up - stop at previous candle low
- backtest and strong candle reversal off a weekly ATR
so those are basically my triggers that I'm working with
trying to put them all together along with rules. It's very hard as I stated, trending systems, reversion to mean is much easier, but I think I'll be at a good spot here soon. I'm still planning to do a video show casing these things
otherwise those triggers I listed above are very good and what I'm focusing on
Matt - I would advocate
Posted by mitchell on 9th of Dec 2021 at 09:38 am
Matt - I would advocate to not blend these systems together. As you state they have different purposes. A trading plan isnt like a fast food item; everyone needs to develop their own methodology and find what works. Many dont appreciate it takes a lot of time/reading and not the same for each person. I have several trade strategies based on setup and separate systems work. Thanks again.
thanks for the feedback. anyway like
Posted by matt on 9th of Dec 2021 at 09:44 am
thanks for the feedback.
anyway like I commented, over the past year or so I've complied a handful of triggers and rules., I'm closer to putting together a more complete thing but still have work left, as I said it's very complicated, much more so than one one think.
but otherwise I think my comments about at this time not getting so caught up in re-entries, instead be open to triggers on your side, or some of what I mentioned, even SPY system especially 2nd entries if they occur. Then if you are in the SPX and the daily KISS starts giving new DVT's, during an uptrending move - use it more for that as a trade management trailing stop tool vs for initial entries.
like I said, I'm working on some big things, but but all the rules are not set where I feel I can just email it out like the SPY systems, that are basically just like math equations, There are some hard entries like ABC 4 color changes that show up, the confirmed ATR breaks (but the ATR breaks can be late). I like the ABC color changes but you don't always get them, so other earlier triggers I like are the symmetry breaks on the rallies, 60 Stochastic and 50% level, things like that. I do think I did a pretty good job this time about pointing out the symmetry rallies during the correction as a guide to watch and pointed that break out during Monday.
I know you had to
Posted by mitchell on 9th of Dec 2021 at 09:52 am
I know you had to take the Zoom cycles page down and were working on bringing it back in some form. Any status of that? It would be nice to see SPX cycles during the day again, or at least the cycles tab updated periodically during the day somehow. As subscribers, we dont see what it takes to put this all together so not sure whats realistic.