here's an image shows the open QE BTS short - like I said, it
will be closing out today UNLESS that momentum indicator were to
turn red today - which could happen if things unraveled today.
Next - yesterday I showed you that hi mid lo on ES that was
triggering but we didn't take it. Clearly that one working out too,
that one will be closing most definitely, it doesn't have a
momentum hold condition
1. the QE BTS that went short on Tuesday is still looking to
close out despite the 100 point drop in ES because the BPT MOMO
indicator still hasn't flipped from green to red. But it's close -
should ES be down 120 or 150 points, that may be enough to flip it
red and it would then hold instead of closing.
2. the Hi Mid Lo ver 2 that went short yesterday will exit, that
one doesn't have any trend hold component
still hasn't changed - it has a length of 12 (so avg of last 12
days) and an additional smoothing of 17) so it s hard to get it to
turn on one day's data
and now that indicator is back green again LOL - again realize
ES bar doesn't close until 5 pm, an hr after the cash, so it really
matters what it looks like by that time, that's 1hr 15 min away
Posted by theoracle on 7th of Oct 2022 at 03:32 pm
Nice calls Matt. I'm a new subscriber (and very experienced
trader). Your (and Steve's) calls have more than paid for your
price increase (thousands of times over). Well done.
ES systems update
Posted by matt on 7th of Oct 2022 at 09:48 am
here's an image shows the open QE BTS short - like I said, it will be closing out today UNLESS that momentum indicator were to turn red today - which could happen if things unraveled today.
Next - yesterday I showed you that hi mid lo on ES that was triggering but we didn't take it. Clearly that one working out too, that one will be closing most definitely, it doesn't have a momentum hold condition
mid day update on the
Posted by matt on 7th of Oct 2022 at 01:07 pm
mid day update on the ES systems that went short
1. the QE BTS that went short on Tuesday is still looking to close out despite the 100 point drop in ES because the BPT MOMO indicator still hasn't flipped from green to red. But it's close - should ES be down 120 or 150 points, that may be enough to flip it red and it would then hold instead of closing.
2. the Hi Mid Lo ver 2 that went short yesterday will exit, that one doesn't have any trend hold component
Just wondering how that MOMO
Posted by greggone on 7th of Oct 2022 at 03:09 pm
Just wondering how that MOMO is looking… quite a move down today!
still hasn't changed - it
Posted by matt on 7th of Oct 2022 at 03:15 pm
still hasn't changed - it has a length of 12 (so avg of last 12 days) and an additional smoothing of 17) so it s hard to get it to turn on one day's data
it's very close to flipping though
updated view that ES trade is
Posted by matt on 7th of Oct 2022 at 03:20 pm
updated view
that ES trade is up 156 points now from Tuesday's entry - even if this closes out today I may elect to only close 1/2
that bpt MOMO is almost
Posted by matt on 7th of Oct 2022 at 03:27 pm
that bpt MOMO is almost negative, just needs 1 point change now.
funny - 1 ES contract from the system trade on Tuesday would be up $8100, two would be 16,200
IT JUST FLIPPED NEGATIVE! !! So it
Posted by matt on 7th of Oct 2022 at 03:29 pm
IT JUST FLIPPED NEGATIVE! !! So it will NOT exit if it closes down here
and now that indicator is
Posted by matt on 7th of Oct 2022 at 03:46 pm
and now that indicator is back green again LOL - again realize ES bar doesn't close until 5 pm, an hr after the cash, so it really matters what it looks like by that time, that's 1hr 15 min away
Nice calls Matt. I'm a
Posted by theoracle on 7th of Oct 2022 at 03:32 pm
Nice calls Matt. I'm a new subscriber (and very experienced trader). Your (and Steve's) calls have more than paid for your price increase (thousands of times over). Well done.
Welcome aboard
Posted by steve on 7th of Oct 2022 at 03:36 pm
Welcome aboard
Wow, what a day!
Posted by greggone on 7th of Oct 2022 at 03:31 pm
Wow, what a day!
3580 retest is calling loudly
Posted by steve on 7th of Oct 2022 at 03:18 pm
3580 retest is calling loudly
The mythical, but rarely seen,
Posted by DigiNomad on 7th of Oct 2022 at 03:23 pm
The mythical, but rarely seen, triple bottom?
Dont forget to say ding
Posted by arun on 7th of Oct 2022 at 03:19 pm
Dont forget to say ding ding when we get there
that SPY option from yesterday
Posted by matt on 7th of Oct 2022 at 01:08 pm
that SPY option from yesterday is now trading at $32, yesterday entry was 25.6