Posted by airstream on 15th of Apr 2009 at 03:51 pm
The six minute SRS chart has worked well yesterday and
today Thank cspirit for your posts. I have
found ravun's 5 minute 7/21 two day chart
usefull for tradeing SRS and URE . Compliments
Matt's charts
Posted by sorensen on 15th of Apr 2009 at 03:26 pm
hi Matt - that is exactly correct - the SRS goes very well. And
therefore frustarting that one cannot trade the SRS CFD shorts (on
my Saxo) as mentioned in my post an hour or so ago. Can you suggest
a solution to this problem? Thx Sorensen
Posted by sorensen on 15th of Apr 2009 at 04:04 pm
Matt - I just looked at the URE - the cross over yesterday was
between 11 and 12 candle (the SRS between 12 and 13th candle) - the
cross-over today was for URE between 22nd and 23rd candle (the SRS
between 15th and 16th).
So that's a great difference .... meaning that one cannot use
the 9/39 EMA as a proxy mech system for the URE (I understnad
that there has been no statistical analysis of the URE). But can
one still use the URE as a proxy-type alternative to shorting
the SRS 15 min Mech System??? Or is it just way out .....
?
If your playing SRS I use 8/71 6 min. cross over system. I
have noticed past couple days when the 9/39 15min. crosses then
8/71 system really gets going good.
Ditto- I've made the mistake in the past of being afraid
to "double up" on the same security when the 15 minute system
crosses after the 6 minute system does. Now I deduce from
Matt's earlier comments today, that the 15 min cross would tend to
confirm that there won't be any whipsaw! ( The main risk of
the 6 min system.) Should have tripled up today!
LOL
I agree however about time you load up is one time it doesn't
trade right and you get a large reduction of
capital. Now once you get "House Money" built up
then you can do that.
I'm just working my way slow and stready share size and trying
to get $ 300- $500 per day. That's a good return or $1500 a
week. If you get on avg. $1500 per week thats almost 80K in
one year which is a good stready plan.
I said don't use 9/39 on the URE chart, get your siganls from
the SRS chart to buy URE. Or get an account at Interactive
Brokers who always has shares available of SRS to short
no you can't use 9/39 on a URE chart, get your signals from the
SRS chart with the 9/39. I've answered this on the blog about
many times already. The search feature work well on the blog,
you can use key words and it is cap sensitive
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SRS 15 min system, shorted earlier in the day
Posted by matt on 15th of Apr 2009 at 03:15 pm
There is still 45 min left, so the system is up for now, we'll see if it's up at the end of day or not? a lot can happen the last 45 min
The SRS system is currently
Posted by matt on 15th of Apr 2009 at 03:21 pm
The SRS system is currently up about 5.8%, it did 5% yesterday, not bad. The 6 min SRS system on the other hand is up 7.8%
SKF 6MIN
Posted by lpwise on 15th of Apr 2009 at 03:39 pm
Lets not forget the SKF systems. Doing pretty good today also.
Yep, up 4% too, SRS systems
Posted by matt on 15th of Apr 2009 at 03:42 pm
Yep, up 4% too,
SRS systems are now up 11% for the 6 min system and 9.4% for the 15 min system
They sure are plus I
Posted by cspirit on 15th of Apr 2009 at 03:46 pm
They sure are plus I took some URE long @ 2.97 close yesterday for a swing long ...
SRS
Posted by airstream on 15th of Apr 2009 at 03:51 pm
The six minute SRS chart has worked well yesterday and today Thank cspirit for your posts. I have found ravun's 5 minute 7/21 two day chart usefull for tradeing SRS and URE . Compliments Matt's charts
SRS Crossover System
Posted by cspirit on 15th of Apr 2009 at 04:03 pm
Your Welcome ... I cannot watch every chart but when it appears close to a cross over I want to call them out so everybody is ready.
I picked up half swing long position at close yesterday on URE @ 2.97 and then at cross today @ 3.09. Sold all at 3.41.
12.5%gain today using 6min. SRS cross over system.
Now back in Cash
hi Matt - that is
Posted by sorensen on 15th of Apr 2009 at 03:26 pm
hi Matt - that is exactly correct - the SRS goes very well. And therefore frustarting that one cannot trade the SRS CFD shorts (on my Saxo) as mentioned in my post an hour or so ago. Can you suggest a solution to this problem? Thx Sorensen
Use interactive Brokers or go
Posted by matt on 15th of Apr 2009 at 03:31 pm
Use interactive Brokers or go long URE
URE long vs SRS short
Posted by sorensen on 15th of Apr 2009 at 04:04 pm
Matt - I just looked at the URE - the cross over yesterday was between 11 and 12 candle (the SRS between 12 and 13th candle) - the cross-over today was for URE between 22nd and 23rd candle (the SRS between 15th and 16th).
So that's a great difference .... meaning that one cannot use the 9/39 EMA as a proxy mech system for the URE (I understnad that there has been no statistical analysis of the URE). But can one still use the URE as a proxy-type alternative to shorting the SRS 15 min Mech System??? Or is it just way out ..... ?
If your playing SRS I
Posted by cspirit on 15th of Apr 2009 at 04:07 pm
If your playing SRS I use 8/71 6 min. cross over system. I have noticed past couple days when the 9/39 15min. crosses then 8/71 system really gets going good.
When the 15 min system confirms the 6 min system
Posted by blue on 15th of Apr 2009 at 04:19 pm
Ditto- I've made the mistake in the past of being afraid to "double up" on the same security when the 15 minute system crosses after the 6 minute system does. Now I deduce from Matt's earlier comments today, that the 15 min cross would tend to confirm that there won't be any whipsaw! ( The main risk of the 6 min system.) Should have tripled up today! LOL
I agree however about time
Posted by cspirit on 15th of Apr 2009 at 04:28 pm
I agree however about time you load up is one time it doesn't trade right and you get a large reduction of capital. Now once you get "House Money" built up then you can do that.
I'm just working my way slow and stready share size and trying to get $ 300- $500 per day. That's a good return or $1500 a week. If you get on avg. $1500 per week thats almost 80K in one year which is a good stready plan.
I said don't use 9/39
Posted by matt on 15th of Apr 2009 at 04:06 pm
I said don't use 9/39 on the URE chart, get your siganls from the SRS chart to buy URE. Or get an account at Interactive Brokers who always has shares available of SRS to short
SRS Shares
Posted by philr on 15th of Apr 2009 at 04:09 pm
For some reason TDAmeritrade had shares available to short today. First time in a while. The big guys must be thinking it is going up soon.
thanks - does the 9/39
Posted by sorensen on 15th of Apr 2009 at 03:40 pm
thanks - does the 9/39 EMA apply to the URE??? Sorensen
no you can't use 9/39
Posted by matt on 15th of Apr 2009 at 03:44 pm
no you can't use 9/39 on a URE chart, get your signals from the SRS chart with the 9/39. I've answered this on the blog about many times already. The search feature work well on the blog, you can use key words and it is cap sensitive