Certainly makes sense as the pain trade and im holding short term calls to offset. Also that would break symmetry on the C wave indicating a higher low and a move even higher.. maybe thats the move over next 2 weeks to the 200 dma ov even slightly hifher.

    stop referring to it as

    Posted by matt on 21st of Jul 2022 at 04:00 pm

    stop referring to it as the pain trade there's open longs.  Also the breakout is going long on ES

    so there's a combination of longs and shorts: come on guys

    Matt, your systems are beautiful.

    Posted by bpozdoll1717 on 21st of Jul 2022 at 04:17 pm

    Matt, your systems are beautiful.  Much appreciated.  Also great call by you guys on market hitting 4000 gap.  Amazing.  

    I'll be posting the update

    Posted by matt on 21st of Jul 2022 at 04:20 pm

    I'll be posting the update trade tables soon. I'm waiting on a workspace to open.

    also and I dont' show these enough I know. There's the KISS smaller time frames 1/2 day, 120 min, and 60 min - they will do 1 or 2 whipsaws in a row, then catch a running

    they basically went back long on the 15th of July

    Love the systems! For now

    Posted by DigiNomad on 21st of Jul 2022 at 04:34 pm

    Love the systems! For now I'm using them to leg into what ends up being iron condors...often unbalanced wings as I leg in. Eventually, I'd like to track the average number of trades generated over a year or more and build a system for the systems that makes it a bit more mechanical in terms of sizing per trade with a total portfolio allocation in mind for system trades (I'm currently running it around 10%, but it's a mental thing since I haven't yet figure out how to build the allocation model given all the different triggers). 

    Only reason i call it

    Posted by fredsaid on 21st of Jul 2022 at 04:13 pm

    Only reason i call it the pain trade is because everyone knows we are in a bear but we're grinding higher.  The higher we grind the more pain the bears feel.

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