the tables use the entry price for the next day open - again
it's all in the FAQ that has been in the KISS system for a while so
please take the time to read that. Stats are generally better to
enter that same day though, but because the standard daily are
communicated after hrs all the trade % numbers are using the next
day's open price for the entry. This will not be the case for high
performance, they will use exact entry prices from that same
day.
as far as Demark - I've posted this 58 page PDF a dozen times,
here you go, nerd out this evening reading that or the weekend
here's that AMD KISS chart from the KISS tables that went long,
that was likely triggered from the washout oversold reversal on the
KISS system, also had a Demark 9
Emotion is what makes trading difficult for most people.
Technical Analysis is all about analyzing the collective mass
emotion/psychology that causes patterns to form on the charts.
Unfortunately we as humans also fall prey to our own emotion. And
again everyone is different, some people are MUCH better at dealing
with it, while others are not. It takes time, and having a
systematic approach where you have a rules that you are following
helps - because the emotions are most difficult when you don't have
rules or a decision that is pre set.
I'm sure Spock from Star Trek would be a great trader since
Vulcans suppress their emotions LOL
or....maybe one of Elon Musks Optimum robots LOL
there's a book called 'The Trading Athlete' it makes a strong case with a bunch of examples of why
former professional sports players have made great traders - why?
Because they had to learn to control their emotions in stressful
situations in games and in the public, and that directly translates
to trading
but guys, that's what's so cool about Technical Analysis. The
fact that you could count 5 waves off off Friday's lows, strongly
suggested that move was at least a wave A up, and to expect a deep
wave B pullback, but that pullback should form a higher low - the
move up again in wave C. The key was being able to count 5 waves up
- if it was only 3 waves up off the lows, that would have been
bearish and suggested another low right now
again all this stuff is fractal: To me I could see this move up
being a wave C that takes out the high from earlier this week but
still overall makes a lower high because of the daily symmetry
break - so this wave C might complete that lower high wave B
on the daily maybe around the 50 day MA
anyway besides systems trades, and trade ideas etc, we also
excel at education here
did you end up going long? one of my KISS systems are long
MSFT so I decided to simply keep it despite earnings -
nice move after hrs if you decided to take the gamble
please remember guys, when we post charts those posts contain
the links - pretty much any Stockchart chart we post contains the
links directly in that post, and in the newsletters
and when those charts are in the newsletters the links are also
provided for each chart
ha ha yeah, well the hope for the 'bulls' is that we had 5 waves
up from Friday's lows, and that suggests a higher low, we'll see.
MSFT likely to be a catalyst tonight
The community is delayed by three days for non registered users.
Thursday April 25th, 2024 Newsletter and Video
Posted by matt on 25th of Apr 2024 at 08:18 pm
Here's my latest detailed newsletter/video with my thoughts on the markets, precious metals, crypto, and our trading systems
Youtube Video Thursday April 25th, 2024 - watch in full 1080 resolution on tablet or desktop NOT your phone
PLEASE leave a like and comment, helps the Youtube Algorithm to get out stuff more visible - I appreciate the support!
Newsletter Thursday April 25th standard Webpage Format - contains all the dynamic chart links
SPX 60 min with Fibs
Posted by matt on 25th of Apr 2024 at 08:02 pm
$SPX - Chart Link
ES futures
Posted by matt on 25th of Apr 2024 at 06:39 pm
ES futures went back to Tuesday's/Wednesday's highs
the tables use the entry
KISS STS systems updated
Posted by matt on 25th of Apr 2024 at 05:33 pm
the tables use the entry price for the next day open - again it's all in the FAQ that has been in the KISS system for a while so please take the time to read that. Stats are generally better to enter that same day though, but because the standard daily are communicated after hrs all the trade % numbers are using the next day's open price for the entry. This will not be the case for high performance, they will use exact entry prices from that same day.
as far as Demark - I've posted this 58 page PDF a dozen times, here you go, nerd out this evening reading that or the weekend
https://breakpointtrades.com/blog/post/390738/
here's that AMD KISS chart
KISS STS systems updated
Posted by matt on 25th of Apr 2024 at 04:36 pm
here's that AMD KISS chart from the KISS tables that went long, that was likely triggered from the washout oversold reversal on the KISS system, also had a Demark 9
https://breakpointtrades.com/ts/view_chart.php?s=AMD&g=BPT_basket
Emotion is what makes trading
From SPX down 1.6% today to AH being up almost ...
Posted by matt on 25th of Apr 2024 at 04:31 pm
Emotion is what makes trading difficult for most people. Technical Analysis is all about analyzing the collective mass emotion/psychology that causes patterns to form on the charts. Unfortunately we as humans also fall prey to our own emotion. And again everyone is different, some people are MUCH better at dealing with it, while others are not. It takes time, and having a systematic approach where you have a rules that you are following helps - because the emotions are most difficult when you don't have rules or a decision that is pre set.
I'm sure Spock from Star Trek would be a great trader since Vulcans suppress their emotions LOL
or....maybe one of Elon Musks Optimum robots LOL
there's a book called 'The Trading Athlete ' it makes a strong case with a bunch of examples of why former professional sports players have made great traders - why? Because they had to learn to control their emotions in stressful situations in games and in the public, and that directly translates to trading
https://www.amazon.com/Trading-Athlete-Winning-Mental-Online/dp/0471418706
amazon.com
Amazon.com
KISS STS systems updated
Posted by matt on 25th of Apr 2024 at 04:24 pm
https://breakpointtrades.com/sts_table/?search=BPT_basket
interesting, AMD went long today, honestly not a bad entry - just 1 bar off the lows
yep! but guys, that's what's so
From SPX down 1.6% today to AH being up almost ...
Posted by matt on 25th of Apr 2024 at 04:19 pm
yep!
but guys, that's what's so cool about Technical Analysis. The fact that you could count 5 waves off off Friday's lows, strongly suggested that move was at least a wave A up, and to expect a deep wave B pullback, but that pullback should form a higher low - the move up again in wave C. The key was being able to count 5 waves up - if it was only 3 waves up off the lows, that would have been bearish and suggested another low right now
again all this stuff is fractal: To me I could see this move up being a wave C that takes out the high from earlier this week but still overall makes a lower high because of the daily symmetry break - so this wave C might complete that lower high wave B on the daily maybe around the 50 day MA
anyway besides systems trades, and trade ideas etc, we also excel at education here
GOOGL also up nicely on earnings
Posted by matt on 25th of Apr 2024 at 04:05 pm
both MSFT and GOOGL double whammy both juicing the futures
did you end up going
Steve that version of the Microsoft bullish chart that you ...
Posted by matt on 25th of Apr 2024 at 04:02 pm
did you end up going long? one of my KISS systems are long MSFT so I decided to simply keep it despite earnings - nice move after hrs if you decided to take the gamble
yes MARA bounced off the
Matt - Thoughts on MARA and CLSK - looking for ...
Posted by matt on 25th of Apr 2024 at 03:56 pm
yes MARA bounced off the 20 MA, there's an open gap up around 21 and the 50 day MA. The 60 min chart looks fine
again generally the cryto follows the market, so if the market continues to push higher, then crypto and crypto stocks likely will as well
please remember guys, when we
By Request
Posted by matt on 25th of Apr 2024 at 03:52 pm
please remember guys, when we post charts those posts contain the links - pretty much any Stockchart chart we post contains the links directly in that post, and in the newsletters
and when those charts are in the newsletters the links are also provided for each chart
they remain valid going forward
SPY and QQQ Updated Views
Posted by matt on 25th of Apr 2024 at 02:58 pm
they remain valid going forward
NEM is helping GDX a
NEM momo
Posted by matt on 25th of Apr 2024 at 01:12 pm
NEM is helping GDX a lot today since it's the largest component. But otherwise most of the stocks had that 3-wave pullback look
NEM momo
Posted by matt on 25th of Apr 2024 at 01:11 pm
NEM - Chart Link largest component of GDX, powerhouse today breakaway gap earnings
very nice weekly!
NEM - Chart Link
RGLD, WPM
Posted by matt on 25th of Apr 2024 at 01:09 pm
RGLD - Chart Link- nice pattern
WPM - Chart Link- the weekly has always looked good on this silver stock
WPM - Chart Link- daily
little bit, bouncing back the high
TSLA bucking the trend today
Posted by matt on 25th of Apr 2024 at 12:57 pm
little bit, bouncing back
the high per KISS system is still long, it went long on 4/23, nice entry, hadn't raised its stop yet from the lows however
ES futures tradingview
Posted by matt on 25th of Apr 2024 at 12:54 pm
you can follow along from the link
https://www.tradingview.com/chart/WVDTpjM0/
ha ha yeah, well the
we close green? lol that would be fun
Posted by matt on 25th of Apr 2024 at 12:07 pm
ha ha yeah, well the hope for the 'bulls' is that we had 5 waves up from Friday's lows, and that suggests a higher low, we'll see. MSFT likely to be a catalyst tonight
Update: Update: ENPH
ENPH
Posted by matt on 25th of Apr 2024 at 11:50 am
ENPH - Chart Link- hope you locked in some gains within that demand zone