Ask me anything
“ Information is perhaps the rawest material in the process out of which we arrive at meaning: an undifferentiated stream of sense and nonsense in which we go fishing for facts. But the journey from information to meaning involves more than simply filtering the signal from the noise. It is an alchemical transformation, always surprising. It takes skill, time and effort, practice and patience. No matter how experienced we become, success cannot be guaranteed. In most human societies, there have been specialists in this skill, yet it can never be the monopoly of experts, for it is also a very basic, deeply human activity, essential to our survival ”
Keep an eye on the SD20EMA moving below it’s 5 DAY MA again because that will be a sign of some market weakness.
With SD20EMA above zero the markets are still in demand but when the SD20EMA starts to down trend above zero it’s a sign that the big money is getting out and the dumb / hope money is helping them get out.
Have a great Weekend
Well after that SELL signal yesterday with SD20EMA moving below it’s own 5 day MA I’m throwing the piece of shit signal away (joking)
Anyway… back to today
We have a DEMAND spike of 1294…. DEMAND Spikes above 1300 in BULL markets usually signal more upside in the markets because more BIG money has entered the markets.
We could see more upside of around 100 points for the $SPX
Am I going to play it and jump in ????
No I’m not…. I don’t chase markets (not anymore) …. this signal wasn’t in the plan so unfortunately I’ll be sitting out.
If markets move lower from here and we see SUPPLY Spikes above 1300 and then more DEMAND Spikes above 1300 that is a massive “ALERT” warning that the markets are starting to turn… and by turn I mean BEAR MARKET AHEAD
Both SELL signals are unique but the 2nd SELL signal has a better return ratio compared with the 1st one
Using the $SPX as a bench mark along with a 20 point stop loss for risk purposes the overall backtesting return from 2009 to today are
That’s a difference of 421.12 points in favor of No. 2 SELL method
So why did I SELL ????
Because I wanted to lock in profits from this trade as early as possible. The SD20EMA move below it’s 5 Day MA allows me to do that so that’s exactly what I did.
Now… because the SD20EMA is still above zero the markets are still in a demand cycle.
Demand Cycles = Higher Prices = Higher Markets but because the 5MA is below it’s SD20EMA the markets can easily move sideways and for some time. That’s not to say that the markets won’t move higher because they sure can.
Sideways moving markets are no good if you are holding SPY CALL Options. To capitalize on CALL options you need upward movement and quickly. We had that quick upward movement and I’m more than happy to take profits off the table from it.
The LIVE Test Drive is now over and the results speak for themselves.
It has nothing to do with luck. We stuck to the plan and the plan worked
We have an engine that is capable of being a winner
Benchmark $SPX Year to Date (YTD) is up 0.22%
$SPX BUY Signal on 4th Feb to SELL Signal on 3rd March captured a 5% move.
SELL Signal triggered with the SD20EMA moving below it’s own 5 day MA
Sold SPY 187 JUNE CALLs for a 14.35% loss
Trading account up 46.10% in 2014
Now sitting in cash waiting for new SUPPLY Spikes above 1300
From the legendary Henry Ford. Don’t just meet the needs of your customers, exceed them #Innovation #dreamBIG #LeadershipLessons
Anonymous asked: Subscription? To what? You have already provided everything anyone needs to know to follow what you are doing. To be honest although I appreciate the information I wouldn't subscribe for a few reasons: 1) You don't have any real trading history except this one trade. 2) Frequency of trades. Why would I pay for service that provides a trade once every 6-12 months. 3) No history or stats during a bear market. 4) I think you need to prove this isn't a one off trade. So far you are batting .500.
Ha ha… Fair enough
I would like some feedback on the idea.
I’m against the idea myself but I don’t know of any other way that I can raise capital.
At the moment I’m probably 3 years behind where I would like to be right now and I’m looking to take my methods to the next level.
Depends on the feedback. Negative and positive. I’m open to ideas
Started 2014 with $3,000 in my trading account and now after only two buy signals this year it is up to $4,473.74 ….. Not to shabby with a 49% increase and still holding one tiny position
We all have to start somewhere I guess and this is my start
Enjoy the Weekend
With the $SPX moving higher today the sell signal didn’t trigger.
$SPX is now up 104.25 since the BUY signal on 4th February
To be up 104 points is not luck. It’s down to 8 years worth of study and sticking to the plan.
Whatever the markets are willing to give us we will take because not every buy signal is going to produce 100 + point gains.
You can’t argue with the fact that this system works. You’ve all seen it unfold with your own eyes. Now waiting for the sell signal to trigger and prove it all to you all again with more supply spikes above 1300 and more buy signals
Still holding SPY JUNE 187 CALLs
Have a great Weekend