ES Bear Long one of the systems took a long entry

    Posted by matt on 13th of Jul 2022 at 06:26 pm

    I have two versions of the ES bear long, one took of those took a trade. Because of that I'm adding the trade to the MES trade list. I'll also track the other one if it triggers as well.

    If you don't trade ES or MES you can still follow this trade with an SPY related ETF. SPY is very active and liquid in the after hrs market until 8 pm EST - the current SPY price in after hrs is 378.87.

    The first attached image shows the two systems and the statistics to watch one directly below the chart. The one on the right trigger, the system on the left did not. 

    Hi Matt, Is it possible to

    Posted by mundy on 22nd of Jul 2022 at 11:26 pm

    Hi Matt,

    Is it possible to include these statistics in the SPY SYSTEMS  tab on the web-site. It would be great to see the various profit factors and also draw-downs.

    Sorry in advance. I’m sure

    Posted by arun on 13th of Jul 2022 at 08:47 pm

    Sorry in advance. I’m sure this question was asked before. But I never traded MES. how do I take this trade 


    I assume we are  buying

    Posted by arun on 13th of Jul 2022 at 08:51 pm

    I assume we are  buying outright contracts and not options

    Correct, the systems call for

    Posted by craigm on 13th of Jul 2022 at 09:29 pm

    Correct, the systems call for ES or MES contracts, no options are discussed. Your account will have to be approved by your broker to trade Futures. MES (Micro E-minis)  is 1/10th of ES (E-minis). So when MES Futures moves up or down one point, it is worth $5, as opposed to $50 for a one point move in ES, 

    Thank you. I bought MES

    Posted by arun on 13th of Jul 2022 at 09:45 pm

    Thank you. I bought MES contracts. Hindsight I should have just bought ES  Probably less commission. 

    The MES you're buying or

    Posted by focus175 on 13th of Jul 2022 at 08:56 pm

    The MES you're buying or selling contracts. Best to contact your broker on how to do so. 

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!