4133-35 on ES may time with about 4115 on cash and should be a
good spot to take some profits but do hope we hold green for the
Wed/Thur pattern to play out. I went long heavy yesterday and
plan to lighten that load extensively on a green close.
What's odd is there is now a 2 point difference between the
SPX and the SPY. SPX = 4110 SPY = 409 ... do they reset this
at some point ?
quite honestly the subscriber base here is a Hodge podge of some
day traders, swing traders, we have a bunch of financial advisors,
and we have a bunch of working professionals doctors like arun,
lawyers, etc. all walks of life.
I'd say most are not day traders - pure day traders are a small
group
Posted by icecoldjones on 6th of Apr 2023 at 12:43 pm
I really hope we haven't hit the bottom of the W4 because I'm
still short. The jobs report tomorrow should be poor but depends
how the futures market will react and how Monday will open.
overall the systems are more long than short. We have 1 system
short 1st entry the DVDS on SPY, while the breakout is long - so in
effect a net zero position there. On ES we have the breakout
long
and on the KISS systems we have QQQ, SPY, DIA, TLT long for the
indexes
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4133-35 on ES may time
Posted by fredsaid on 6th of Apr 2023 at 12:39 pm
4133-35 on ES may time with about 4115 on cash and should be a good spot to take some profits but do hope we hold green for the Wed/Thur pattern to play out. I went long heavy yesterday and plan to lighten that load extensively on a green close. What's odd is there is now a 2 point difference between the SPX and the SPY. SPX = 4110 SPY = 409 ... do they reset this at some point ?
Do you trade for a
Posted by bpozdoll1717 on 6th of Apr 2023 at 12:45 pm
Do you trade for a living? I wonder how many people on this site do.
I don't trade for a
Posted by fredsaid on 6th of Apr 2023 at 12:55 pm
I don't trade for a living but should be ovious that I do day trade.
Thanks for all responses!
Posted by bpozdoll1717 on 6th of Apr 2023 at 12:55 pm
Thanks for all responses!
quite honestly the subscriber base
Posted by matt on 6th of Apr 2023 at 12:47 pm
quite honestly the subscriber base here is a Hodge podge of some day traders, swing traders, we have a bunch of financial advisors, and we have a bunch of working professionals doctors like arun, lawyers, etc. all walks of life.
I'd say most are not day traders - pure day traders are a small group
I really hope we haven't
Posted by icecoldjones on 6th of Apr 2023 at 12:43 pm
I really hope we haven't hit the bottom of the W4 because I'm still short. The jobs report tomorrow should be poor but depends how the futures market will react and how Monday will open.
But what does a poor
Posted by mastermind on 6th of Apr 2023 at 01:20 pm
But what does a poor jobs report mean? Is it good news or bad news for the market? That's not always clear.
overall the systems are more
Posted by matt on 6th of Apr 2023 at 12:45 pm
overall the systems are more long than short. We have 1 system short 1st entry the DVDS on SPY, while the breakout is long - so in effect a net zero position there. On ES we have the breakout long
and on the KISS systems we have QQQ, SPY, DIA, TLT long for the indexes