yep I read about that too and agree. Once you get politics
involved, people tend not to do what is required if it not
politically favorable, even though it's necessary and may cause
some pain in the short term but be better in the long
run.
it's just like the politicians, they only care about getting
reelected and they won't do something that is needed and necessary,
if it may cause them not to get reelected
yeah you are right - that GE chart doesn't make any sense, I
looked at my Tradestation and it's been long since Oct 24th and is
STILL LONG. I'll ask James to take a look
here take a look, first chart is from my program on TS, second
image is from the tables - clearly something got messed up
on V going back long, you guys also need to consider other
things like, the system just was long V from Nov 1st to April 4th
and locked in a great swing trade. Odds are always not as good for
another big winner after it just captured a big trending move.
Again you never know, but generally the way a lot of trend type
systems work is that they don't often capture two big winners in
row - because of how the market works, the market tends to
trend/consolidate/trend/consolidate.
that said - honestly it's not a bad entry consider price is only
1.36% away from the STS stop, that's pretty tight to be honest, and
for those of you who tend to bitch that price is too far away
from the STS on new triggers, that is not the case most of the
time, some of the time yes
I cannot confirm that trade until 2 min after the close - it's
going back and forth from triggering to not triggering, so best to
wait for a close - and TS doesn't settle the fine SPY price until 2
min after the close
this is the one system that was showing a possible long entry,
but right now it's going in and out, if prices close right here or
higher it won't trigger, if they sell off again then it will,
here's the stats otherwise
BPT - Chart Link- long idea from weekend, man
yesterday I was thinking that BPT was probably a low risk buy near
that 20 day MA with tight stop, I didn't do it, of course it popped
off the highs today, big volume
from a couple of the Stochastic MOMO mean reversion strategies
that I have coded, I found that the higher the 60 Stochastic was
the better chance it had to work, such as 87% and above or 90% and
above vs just 80%.
I do want to code the exact same indicators from that chart
however so that I can test that. The ones I have use some different
indicators
trying to get these mean reversion workspaces open, they take
forever, so far the QE BTS may be triggering a 1st entry on SPY. I
have not opened the ES workspaces yet
The community is delayed by three days for non registered users.
yep I read about that
Arthur Burns wrote a famous speech about his own failure ...
Posted by matt on 12th of Apr 2024 at 10:14 pm
yep I read about that too and agree. Once you get politics involved, people tend not to do what is required if it not politically favorable, even though it's necessary and may cause some pain in the short term but be better in the long run.
it's just like the politicians, they only care about getting reelected and they won't do something that is needed and necessary, if it may cause them not to get reelected
yeah you are right -
GE kiss chart looks out of whack...
Posted by matt on 12th of Apr 2024 at 10:11 pm
yeah you are right - that GE chart doesn't make any sense, I looked at my Tradestation and it's been long since Oct 24th and is STILL LONG. I'll ask James to take a look
here take a look, first chart is from my program on TS, second image is from the tables - clearly something got messed up
on V going back long,
Go V with the counter-trend buy signal! Not in it, ...
Posted by matt on 12th of Apr 2024 at 10:06 pm
on V going back long, you guys also need to consider other things like, the system just was long V from Nov 1st to April 4th and locked in a great swing trade. Odds are always not as good for another big winner after it just captured a big trending move. Again you never know, but generally the way a lot of trend type systems work is that they don't often capture two big winners in row - because of how the market works, the market tends to trend/consolidate/trend/consolidate.
that said - honestly it's not a bad entry consider price is only 1.36% away from the STS stop, that's pretty tight to be honest, and for those of you who tend to bitch that price is too far away from the STS on new triggers, that is not the case most of the time, some of the time yes
STS tables updated
Posted by matt on 12th of Apr 2024 at 04:11 pm
https://breakpointtrades.com/sts_table/?search=BPT_basket
thank you very much! we
AAPL still did well today despite the market
Posted by matt on 12th of Apr 2024 at 04:10 pm
thank you very much! we really appreciate that, you too and everyone else!
AAPL still did well today despite the market
Posted by matt on 12th of Apr 2024 at 04:05 pm
AAPL - Chart Link
the high performance AAPL system triggered yesterday, which I commented on yesterday
no trigger
SPY QE BTS mean reversion
Posted by matt on 12th of Apr 2024 at 04:02 pm
no trigger
I cannot confirm that trade
SPY QE BTS mean reversion
Posted by matt on 12th of Apr 2024 at 03:59 pm
I cannot confirm that trade until 2 min after the close - it's going back and forth from triggering to not triggering, so best to wait for a close - and TS doesn't settle the fine SPY price until 2 min after the close
SPY QE BTS mean reversion
Posted by matt on 12th of Apr 2024 at 03:58 pm
this is the one system that was showing a possible long entry, but right now it's going in and out, if prices close right here or higher it won't trigger, if they sell off again then it will, here's the stats otherwise
BPT follow up
Posted by matt on 12th of Apr 2024 at 03:50 pm
BPT - Chart Link- long idea from weekend, man yesterday I was thinking that BPT was probably a low risk buy near that 20 day MA with tight stop, I didn't do it, of course it popped off the highs today, big volume
ha yep, and I'm sure
Is Yellen back from China yet? Need to start ...
Posted by matt on 12th of Apr 2024 at 03:48 pm
ha yep, and I'm sure she scared XI LOL
SPY QE long may trigger a 1st entry, that's all I saw for SPY
Posted by matt on 12th of Apr 2024 at 03:48 pm
I've opened half of the ES mean reversion systems nothing triggering on those, opening up the last set now to check
Update: SPX 5 min
SPX 5 min
Posted by matt on 12th of Apr 2024 at 03:46 pm
$SPX - Chart Link- nice bounce from that second MACD divergence
60 Stochastic is 79% now. from
Matt - Should the system trigger a green arrow long ...
Posted by matt on 12th of Apr 2024 at 03:40 pm
60 Stochastic is 79% now.
from a couple of the Stochastic MOMO mean reversion strategies that I have coded, I found that the higher the 60 Stochastic was the better chance it had to work, such as 87% and above or 90% and above vs just 80%.
I do want to code the exact same indicators from that chart however so that I can test that. The ones I have use some different indicators
trying to get these mean
$SPX - SPX Stochastic entering trigger mode.Or could this be ...
Posted by matt on 12th of Apr 2024 at 03:38 pm
trying to get these mean reversion workspaces open, they take forever, so far the QE BTS may be triggering a 1st entry on SPY. I have not opened the ES workspaces yet
"Tom Lee's genetics only allows
I'm tempted to turn on CNBC for the last 30 ...
Posted by matt on 12th of Apr 2024 at 03:37 pm
"Tom Lee's genetics only allows him to buy"
LOL LOL
you reminded me, I need
$SPX - SPX Stochastic entering trigger mode.Or could this be ...
Posted by matt on 12th of Apr 2024 at 03:29 pm
you reminded me, I need to open the mean reversion workspaces here to check after today's sell off, I'm sure something is triggering long again
ah ha ha ha I
EMFelectromagnetic frequency radiation. This is off topic but think it ...
Posted by matt on 12th of Apr 2024 at 03:17 pm
ah ha ha ha I was thinking about that show, Saul's brother or something, I remember watching that
yeah for sure - you
EMFelectromagnetic frequency radiation. This is off topic but think it ...
Posted by matt on 12th of Apr 2024 at 03:16 pm
yeah for sure - you won't want to fall asleep with the phone right next to you etc
yeah rbreese, NEM has been
Well Matt once again you were right about NEM. ...
Posted by matt on 12th of Apr 2024 at 03:16 pm
yeah rbreese, NEM has been a dog, though it had a nice rally off the Feb low from 29 to 41. Nice that you got short