Time to take some profits after a good run, thanks Matt. i do have a few January 2024 option trades looking good too but will wait!

Thanks Amcap, Looks like an inverse Cup and Handle with the handle playing out now!

Thanks Amcap, looks very feasible!

Steve have you considered adding NQ, I know you did give some levels a week ago. Next question:- Have you ever looked at the weekly levels? Could they be useful for the longer term trader.

I for one virtually only trade futures because of living in New Zealand. I use ES, NQ, YM, RTY, GC and MBT.

Same problem for me too with video newsletter

Wow 475  when was that ? 1955? Are you a time traveller? LOL

Yes thanks to Matt who posted the URA monthly chart quite some time back. I have a Jan (24) URA 19/24 C spread and also a CCJ Jan(24) 27-40 c spread. CCJ hit an all time high back in 2007! Only problem I now have is to stay alive until they expire. LOL

Thanks Steve for providing the NQ levels as well. those of us who trade NQ futures find it to be very useful. Could you post a chart showing the demand zone. I would like to compare mine.

Enjoying the KISS system. I do not find CCJ on the s+p500. Is it represented somewhere else?

Matt, some time back you were also testing the reversion to mean systems on a basket of ETF's other than the present SPT/ES systems.  With the present low volatility they are probably not as prolific as the KISS systems but please dont forget them

Have been buying positions 6 months out. Fortunately for me the tide has turned and both CCJ and URA have moved from max loss for the June expiry to max profit! Phew! But the trades in Dec and Jan are looking very very good. Went with wide spreads on the basis of these monthly and weekly charts!! It was tough though in the beginning of June!

Diginomad I am amazed you missed the 29th of January 2018. The market turned down from 2871 off an evening star pattern which Steve and Matt made very clear in their newsletters. Soon thereafter we had a trend long signal. Suffice to say, I got slaughtered. Then we hit a massive wick low of 2529 on the 5th of Feb. So how far did it go. On the 12th March 2018 we saw the retracement fail at the 78.6% Fib of2808. Needless to say, this changed my trading completely and instead of 20-30 contracts overnight I now only trade 3-4 on a signal or on any of my other systems. I also make use of quite a few of the macro contracts. Lesson learned, Sleep overnight dont sweat over every trade.

Actually Matt, the kudos should be for Tradingview. They show a contract switch date on the charts. Nice feature!

Future contracts for MNQ, MES, MYM and M2K are due to switch on Friday 9th June. Why is there always such a big difference in price between the close of the present contract vs the new contract. Presently over 40 points?

Hi Pattellee, There are a few chaps here who are serious option traders but my sixpense worth is that I will be buying 0.9 deltas with 2 weeks to expiry. That way the 2-3 day period expected will show the highest return. Also the 2 weeks would be safe from too much theta(time) decay. However if later testing shows longer average periods for the trades we may have to go out a bit further in time. Obviously the best thing to do is sell calls (sell signals) or puts when buy signals are given with one week of time to run or even 4 weeks to gain more premium. This could be a problem unless you have quite a large trading account. I am working on my trading plan for all these considerations and would be happy to share with you when done.

We call it a senior moment Matt  It happens to us septuagenarians rather often.!

Most impressive Matt, this will keep me going for so much longer LOL. Looking forward to getting signals on these systems too. Any idea of how many of them have future contracts?   

The only problem I have with this improved system is that there are only 76 trades in 20 years  just short of 4 per annum. No chance of me being around at the end of 20 years LOL.

But no doubt that the higher the profit factor the fewer signals. I do have enough systems to trade to live with that.

Thanks Matt,

You posted on the 13th of April 2023 at 4:43 pm for anyone who is interested.  Great system indeed.! One I follow now!