SPY systems! one system ended up going long

    Posted by matt on 24th of Jan 2022 at 04:26 pm

    so one of the sub systems ended up going long, the RSI oversold - you can see at the left upper middle. 

    this must have triggered the last few min. It needs a strong candle to close. 

    anyway we are long enough but I'm showing it for info purposes. The stats on this one, 100% winners , not a lot of trades, 11 trades in 25 years

    Curious did the RSI Oversold

    Posted by focus175 on 25th of Jan 2022 at 07:20 pm

    Curious did the RSI Oversold show a second entry today? 

    No it did not.  that said

    Posted by matt on 25th of Jan 2022 at 07:55 pm

    No it did not. 

    that said - looking over the ES longs - the CCI system went long today - that system has a profit factor of 136

    hi Matt, I take it you

    Posted by mundy on 25th of Jan 2022 at 09:59 pm

    hi Matt,

    I take it you will add this to the live trades tomorrow? 

    With futures I was able to get in at an acceptable level of  4340 ES which is +- 20 points above closing price. It has been a rather stressful ride this one but Feb 2018 and Covid March 2020 gave me enough pointers to be able to navigate January 2022. Not sure though that we will have the same wonderful results as back at those times.   

    At this time I have

    Posted by matt on 25th of Jan 2022 at 10:59 pm

    At this time I have not been adding ES system trades officially to the website, I simply point them out. If I had intended to do that this time I would have emailed those out to the website

    My mistake   

    Posted by mundy on 25th of Jan 2022 at 11:15 pm

    My mistake   

    Let's go Super Bull (inside

    Posted by fredsaid on 25th of Jan 2022 at 08:49 pm

    Let's go Super Bull (inside the bear of course) !  Can't recall the last time this many systems and re-entries were long - March 2020 ?

    no more than past major

    Posted by matt on 25th of Jan 2022 at 08:56 pm

    no more than past major selloffs, remember on SPY we only have 2 sub systems in a trade. On ES we have 3, but normally I don't show ES so for SPY that's not very much

    Ahh yes.  There have certainly

    Posted by fredsaid on 25th of Jan 2022 at 09:07 pm

    Ahh yes.  There have certainly been more spy systems long in the past at a given time.  Forgot the distinction from the ES systems.  I hope we can get up to the 9 DEMA on the spy in short order as I'd love a reset and the longer we meander the lower the 9 gets.

    the stats on that one

    Posted by matt on 24th of Jan 2022 at 04:28 pm

    the stats on that one

    Thanks for the heads up

    Posted by focus175 on 24th of Jan 2022 at 04:52 pm

    Thanks for the heads up Matt! Were any of those 11 trades 2nd or 3rd entries? 

    Remember one subsystem had three

    Posted by matt on 24th of Jan 2022 at 05:05 pm

    Remember one subsystem had three entries the qe bts, now a second subsystem has a first entry the RSI oversold. So that's two systems out of 12 Long subsystems one with three entries one with one entry

    Sorry Matt, I wasn't clear.

    Posted by focus175 on 24th of Jan 2022 at 05:07 pm

    Sorry Matt, I wasn't clear. I'm wondering just regarding the RSI oversold system, regarding the stats are all of the 11 trades in the past 25 years first entries or were any of them 2nd or 3rd entries? 

    First off there was actually

    Posted by matt on 24th of Jan 2022 at 05:17 pm

    First off there was actually 13 trades. 

    as far as 2nd entries only one of them had a 2nd entry, the one in 2006 that I show here. all others were single entry

    logically those McClellan systems closed

    Posted by matt on 24th of Jan 2022 at 06:30 pm

    logically those McClellan systems closed out today

    at the lows had a

    Posted by matt on 24th of Jan 2022 at 06:33 pm

    at the lows had a Demark 13

    Thanks for the info on

    Posted by Ray on 24th of Jan 2022 at 04:41 pm

    Thanks for the info on this trade, Matt.  I am well loaded up with options off of the QE BTS; but, it is nice to see another SPY trade (esp. with 100% winning trades) go long.  More confidence in the options already bought.

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