Ouch? the market is up. Again the official website trades
are the mean reversion systems and KISS systems - SPY and ES
systems went long last Friday. I posted the QQQ volatilty
system on Friday so if anyone happened to take that you did very
well and can close it out now for a profit - hell even if you took
the trade on Monday morning on the gap up you did very well -
otherwise VIX systems are not emailed out at this time
and hopefully you played more than just the Trend/Pullback mean
reversion systems - there has been very few signals this year
because of the strong market trend, the KISS systems nailed most of
the uptrend this year so hopefull you played some of those and some
other trade ideas here
maybe I'm still confused by your question which I apologize
for -
feel free to send me a private message here, I can talk to
you on the
phone later or we can do a quick Zoom callto answer your
questions if I'm not covering them here
for clarity the volatlity systems for SPY and DIA went long
yesterday not short - as the volatlity instrument for those ETF's
(VIX and VXD) closed back insider their upper Bollinger Bands.
Short signals occur when those volatity instruments are
trading below their respective Bollinger Bands and close back
inside. recent signals were longs, not shorts
Posted by eddiegold on 23rd of Jul 2024 at 01:41 pm
Hi Matt,
Thanks for the detailed response (and Steve's too). The
link for the private message did not work (but would be happy to
talk anytime) so I will try and clarify my question:
- I did not enter any VIX trade, I just wanted to understand the
signal. I do use the KISS systems and I take the SPY reversion
trades regularly.
- It is my understanding that SPX/VIX usually move counter to
each other. Hence, me saying "VIX system says up which should mean
spy down". Steve commented in a different thread that that was
wrong and the the signal is actually SPX up. So my
clarification question is actually two fold:
1. Was the alert (when it was sent) a LONG VIX alert?
2. Am I correct that a LONG VIX means short SPX and vice
versa?
Thanks guys and thank you for your great mechanical systems!
p.s. (unrelated) I still do not understand how you draw a demand
zone. "Demand zones are formed by a break of structure and revert
to back to the origin". I saw it appearing in several newsletters
but I still do not get it. i.e. I can figure the BOS (mostly)
but I do not understand the revert to origin part.
Eddie - it was a not a long VIX alert (it was a SPX long alert
based upon the VIX moving DOWN below it's upper BB). Kind of
confusing on the surface but make sure you listen to the Newsletter
as this was discussed.
Ouch? the market is up.
Hi Matt/Steve,A question about the KISS,Vix,SPY systems.How can we reconcile ...
Posted by matt on 23rd of Jul 2024 at 09:49 am
Ouch? the market is up. Again the official website trades are the mean reversion systems and KISS systems - SPY and ES systems went long last Friday. I posted the QQQ volatilty system on Friday so if anyone happened to take that you did very well and can close it out now for a profit - hell even if you took the trade on Monday morning on the gap up you did very well - otherwise VIX systems are not emailed out at this time
and hopefully you played more than just the Trend/Pullback mean reversion systems - there has been very few signals this year because of the strong market trend, the KISS systems nailed most of the uptrend this year so hopefull you played some of those and some other trade ideas here
maybe I'm still confused by your question which I apologize for - feel free to send me a private message here, I can talk to you on the phone later or we can do a quick Zoom callto answer your questions if I'm not covering them here
for clarity the volatlity systems
Posted by matt on 23rd of Jul 2024 at 09:54 am
for clarity the volatlity systems for SPY and DIA went long yesterday not short - as the volatlity instrument for those ETF's (VIX and VXD) closed back insider their upper Bollinger Bands. Short signals occur when those volatity instruments are trading below their respective Bollinger Bands and close back inside. recent signals were longs, not shorts
Hi Matt, Thanks for the detailed
Posted by eddiegold on 23rd of Jul 2024 at 01:41 pm
Hi Matt,
Thanks for the detailed response (and Steve's too). The link for the private message did not work (but would be happy to talk anytime) so I will try and clarify my question:
- I did not enter any VIX trade, I just wanted to understand the signal. I do use the KISS systems and I take the SPY reversion trades regularly.
- It is my understanding that SPX/VIX usually move counter to each other. Hence, me saying "VIX system says up which should mean spy down". Steve commented in a different thread that that was wrong and the the signal is actually SPX up. So my clarification question is actually two fold:
1. Was the alert (when it was sent) a LONG VIX alert?
2. Am I correct that a LONG VIX means short SPX and vice versa?
Thanks guys and thank you for your great mechanical systems!
p.s. (unrelated) I still do not understand how you draw a demand zone. "Demand zones are formed by a break of structure and revert to back to the origin". I saw it appearing in several newsletters but I still do not get it. i.e. I can figure the BOS (mostly) but I do not understand the revert to origin part.
Eddie - it was a
Posted by steve on 23rd of Jul 2024 at 02:00 pm
Eddie - it was a not a long VIX alert (it was a SPX long alert based upon the VIX moving DOWN below it's upper BB). Kind of confusing on the surface but make sure you listen to the Newsletter as this was discussed.
Thanks to all you guys
Posted by srusso1 on 23rd of Jul 2024 at 02:06 pm
Thanks to all you guys I'm out of here gone to the green river UT. Canyonlands' see you in 2 weeks.
Enjoy srusso1
Posted by steve on 23rd of Jul 2024 at 02:11 pm
Enjoy srusso1