Matt, not sure how to read the KISS charts, is the start of the
blue line a long entry? If so GDX should not be traded using
the KISS since this would be showing 5 consecutive losses.
That said, GDX is far from an organic fractal
movements....highly manipulated.
that's common knowledge at this point, I've stated here gotta be
dozens of times, and in newsletters and videos. On the other
hand, I will be including maybe a 78 min and 130 min GDX high per
version that has been nicely profitable in the past
there's other things that are not profitable on daily time
frames over the long term as well
again - this is a trending system, the stock symbol needs to be
able to trend for periods of time, and there are instruments
out there that do not trend well or long enough for the standard
daily default settings to produce a profitable system over the
lifetime , there will be nice winning trades of course, but too
many whipsaws
it's why I don't add penny stocks, and low priced stocks - it's
best on ETF's, indexes, and larger cap stocks that trend
well
Posted by crossharry on 19th of Feb 2024 at 09:20 am
For the Daily KISS systems, I believe stops are only triggered
on a closing basis. For the new high performance / shorter time
frame version (not yet released), stops will be intrabar i.e. if
and when the level is hit.
yes all covered in the 14 page FAQ, and even more detail will
likely be added. We may also change the wait for close confirmation
in the future depending on what looks better stat wise, but at this
moment the will stay as their are
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Gold
Posted by matt on 16th of Feb 2024 at 10:57 pm
$GOLD - Chart Link- show a bull and bear count on that triangle. I am favoring the one in green
Matt, not sure how to
Posted by steveo on 19th of Feb 2024 at 12:15 am
Matt, not sure how to read the KISS charts, is the start of the blue line a long entry? If so GDX should not be traded using the KISS since this would be showing 5 consecutive losses. That said, GDX is far from an organic fractal movements....highly manipulated.
your input appreciated
I saw in your 14
Posted by steveo on 19th of Feb 2024 at 01:43 am
I saw in your 14 page KISS guide that you specifically do not recommend GDX
that's common knowledge at this
Posted by matt on 19th of Feb 2024 at 12:03 pm
that's common knowledge at this point, I've stated here gotta be dozens of times, and in newsletters and videos. On the other hand, I will be including maybe a 78 min and 130 min GDX high per version that has been nicely profitable in the past
there's other things that are not profitable on daily time frames over the long term as well
again - this is a trending system, the stock symbol needs to be able to trend for periods of time, and there are instruments out there that do not trend well or long enough for the standard daily default settings to produce a profitable system over the lifetime , there will be nice winning trades of course, but too many whipsaws
it's why I don't add penny stocks, and low priced stocks - it's best on ETF's, indexes, and larger cap stocks that trend well
Matt I watched your video
Posted by steveo on 18th of Feb 2024 at 11:52 pm
Matt I watched your video on the KISS, and this one caught my eye on JPM, it looks like it should have stopped out, please comment
For the Daily KISS systems,
Posted by crossharry on 19th of Feb 2024 at 09:20 am
For the Daily KISS systems, I believe stops are only triggered on a closing basis. For the new high performance / shorter time frame version (not yet released), stops will be intrabar i.e. if and when the level is hit.
yes all covered in the
Posted by matt on 19th of Feb 2024 at 11:55 am
yes all covered in the 14 page FAQ, and even more detail will likely be added. We may also change the wait for close confirmation in the future depending on what looks better stat wise, but at this moment the will stay as their are