Is it too late to start using KISS STS ? I have not used
KISS STS as it took me some time to understand it. I am still not
clear on the entry trigger for it. I have been checking the table
for 'New Longs' I hope that is the right way. Wondering if there
are other folks in the same situation as me. I would love to learn
on how they are using the tool.
Posted by mastermind on 30th of Jun 2023 at 01:37 pm
Sure, it's not too late. New longs is a great way, but I used it
in a different way yesterday. I looked through S&P 500 stocks
with a low % above its STS. I hit upon ROST, which had a good
looking chart and bought it AH. It took off today, up
2.5%.
yep - stocks that are uptrending and long on the KISS system -
one can look to enter pullbacks where price gets close to the STS,
and again zoom down to intra day 60 min charts, 30 min etc, look
for 3 wave abc like pullbacks
best to ask on weekend when posts like this won't get buried by
intra day market posts
otherwise it really depends on what you are looking to use it
for. For things like the indexes, they've been long for a while
(except for IWM and DIA), and of course many of the Mega 8 stocks
like AAPL, NVDA, META have been long for months, some since Nov -
unless you got a good pullback into support, not idea to chase
those now
Entry conditions vary as I stated before. There's a rare washout
long, there's the ABC pullbacks, and the confirmations over the ATR
where price may be a bit extended and best to wait for a pullback.
The tables show what goes long new each day and what exits - for
new longs it's best to go look at a chart on your side and
see if the entry looks good or if you think it might be best to
enter on a pullback
also - in uptrends - 3 wave abc pullbacks are your friend - so
if something is already long and uptrending and I want to get in, I
look for 3 wave pullbacks, and you might not see it on a daily, so
make sure to zoom into an intra day time frame such as a 60 min or
2hr time frame.
and by the way, the % gain on those system trades are calculated
as an entry from the next day, NOT the day the system went long,
why? because since the tables are updated after the close, you
wont' see brand new entries until after the close and most would
enter the next day, so that's why we chose that - more of a real
world scenario
Is it too late to
Posted by generic on 30th of Jun 2023 at 12:56 pm
Is it too late to start using KISS STS ? I have not used KISS STS as it took me some time to understand it. I am still not clear on the entry trigger for it. I have been checking the table for 'New Longs' I hope that is the right way. Wondering if there are other folks in the same situation as me. I would love to learn on how they are using the tool.
Sure, it's not too late.
Posted by mastermind on 30th of Jun 2023 at 01:37 pm
Sure, it's not too late. New longs is a great way, but I used it in a different way yesterday. I looked through S&P 500 stocks with a low % above its STS. I hit upon ROST, which had a good looking chart and bought it AH. It took off today, up 2.5%.
yep - stocks that are
Posted by matt on 30th of Jun 2023 at 01:39 pm
yep - stocks that are uptrending and long on the KISS system - one can look to enter pullbacks where price gets close to the STS, and again zoom down to intra day 60 min charts, 30 min etc, look for 3 wave abc like pullbacks
best to ask on weekend
Posted by matt on 30th of Jun 2023 at 01:06 pm
best to ask on weekend when posts like this won't get buried by intra day market posts
otherwise it really depends on what you are looking to use it for. For things like the indexes, they've been long for a while (except for IWM and DIA), and of course many of the Mega 8 stocks like AAPL, NVDA, META have been long for months, some since Nov - unless you got a good pullback into support, not idea to chase those now
Entry conditions vary as I stated before. There's a rare washout long, there's the ABC pullbacks, and the confirmations over the ATR where price may be a bit extended and best to wait for a pullback. The tables show what goes long new each day and what exits - for new longs it's best to go look at a chart on your side and see if the entry looks good or if you think it might be best to enter on a pullback
also - in uptrends - 3 wave abc pullbacks are your friend - so if something is already long and uptrending and I want to get in, I look for 3 wave pullbacks, and you might not see it on a daily, so make sure to zoom into an intra day time frame such as a 60 min or 2hr time frame.
and by the way, the % gain on those system trades are calculated as an entry from the next day, NOT the day the system went long, why? because since the tables are updated after the close, you wont' see brand new entries until after the close and most would enter the next day, so that's why we chose that - more of a real world scenario
Looks like we should have
Posted by icecoldjones on 18th of Jul 2023 at 03:42 pm
Looks like we should have gone long all of these items back on June 30th and it was never too late if we weren't in. Up, Up, and AWAY!
As a suggestion maybe a
Posted by jonesy85 on 30th of Jun 2023 at 02:48 pm
As a suggestion maybe a video on how to use the kiss system, and utilize those ribbons for add on buys etc.
Great explanation Matt, I was
Posted by icecoldjones on 30th of Jun 2023 at 02:04 pm
Great explanation Matt, I was wondering the same thing!
again in uptrends - 3
Posted by matt on 30th of Jun 2023 at 01:14 pm
again in uptrends - 3 wave's are your friend to go long