SPY and ES systems possible trade and update

    Posted by matt on 10th of Jan 2023 at 03:31 pm

    First off regarding the open Stoch Rev short on ES - no changes, however my guess would be that it will likely stop out or close out tomorrow as the stop out filter is getting close to be hit

    Next - the Hi Mid Lo Ver 2 looks like it's going to go short at the close. I have 2 versions of this system Ver 1 which is the original one that has far higher PF and winning percentage, and this one that has a much lower PF but does a lot more trades ( you can see how many short trades Ver 2 would have captured last year vs Ver 1: 10 trades for Ver 2 and 4 trades for Ver 1.  Here's the stats on the two systems.

    The Hi Mid Lo does NOT capture big trades, it's one of the shortest system trades, average hold time is around 3 days. 

    I have not made up my mind if I'll be issuing the Ver 2 trade. If I do however it will only be for a1/2 position size

    image shows all the short

    Posted by matt on 10th of Jan 2023 at 05:30 pm

    image shows all the short systems on ES - note the Hi Mid Lo Ver 2 took a 1st entry short at the bar closing.  again refer to my last post where I show the stats regarding the Ver 1 and 2. The statistics are far superior on hi mid lo Ver 1, so this is one that you could also consider passing on, again you make your own decisions, I report what the systems are doing

    https://breakpointtrades.com/blog/post/388134/ 

    Trades: For the websiteI'm issuing a 1/2 position on the Hi Mid Lo Ver 2, and a 2nd entry short on the Stoch Reversal since it will be closing out tomorrow. If the market does pullback tomorrow the Hi Mid Lo Ver 2 will exit as well. 

    I don't see these posted

    Posted by bpozdoll1717 on 11th of Jan 2023 at 12:21 pm

    I don't see these posted on the trade log.  Are these official?  

    that ES hi mid lo

    Posted by matt on 10th of Jan 2023 at 04:13 pm

    that ES hi mid lo Ver 2 will be taking the trade. Again depends if one wished to do it or not. Should the market pullback again in the next day or two it would close out

Newsletter

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