I expected a trade short from one of the systems. Perhaps, there
will be one from a higher price. I am short based on the spread NQ
to ES (short /NQ, long /ES) based on the most likely mapping from
the EW analysis.
Posted by DigiNomad on 9th of Mar 2023 at 04:15 pm
I know Matt typically says the KISS Systems are "in cash" when
the STS is overhead, but in my mind, that means the systems are
short with the buy stop indicated by the overhead STS. Just
my way of looking at it..
DigiNomad, correct, on 4-hour and longer time frames the stops
are above the price in a downtrend. I see a completed sequence of
waves to the upside on /ES at Feb highs, however not yet on /NQ.
/NQ might want to have one more push up to form a lower high to
complete its sequence of waves to the upside.
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I expected a trade short
SPY and ES reversion to mean systems update
Posted by junkie on 9th of Mar 2023 at 04:05 pm
I expected a trade short from one of the systems. Perhaps, there will be one from a higher price. I am short based on the spread NQ to ES (short /NQ, long /ES) based on the most likely mapping from the EW analysis.
I know Matt typically says
Posted by DigiNomad on 9th of Mar 2023 at 04:15 pm
I know Matt typically says the KISS Systems are "in cash" when the STS is overhead, but in my mind, that means the systems are short with the buy stop indicated by the overhead STS. Just my way of looking at it..
DigiNomad, correct, on 4-hour and
Posted by junkie on 9th of Mar 2023 at 04:35 pm
DigiNomad, correct, on 4-hour and longer time frames the stops are above the price in a downtrend. I see a completed sequence of waves to the upside on /ES at Feb highs, however not yet on /NQ. /NQ might want to have one more push up to form a lower high to complete its sequence of waves to the upside.