SPX Trading Strategy for ThinkorSwim

[Hypoluxa]

@barbaros @babouin77 @Hypoluxa such great teamwork!

It is a great relief and reward to find so many helpful people...all in one place!

 

[DDW]

@Hypoluxa Suggested to look the VIX as well as they are Opposite. Market is totally unpredictable these days. Today was a green day for ETFs but as a whole market its still red, and it might take months for them to come back at same level of two weeks ago.

True Momentum Oscillator is a fixture on all my charts, such a great tool!

 

[babouin77]

closed my ES when MACD turned for $475.00... on to the next one.

 

[babouin77]

in 8 min... we might get a short here...

 

[bhaskar_madugula]

Can someone please confirm if I wait for the second arrow signal like LE or enter after first arrow?

 

[babouin77]

went short ES 3,806.25

 

[Hypoluxa]

I hate long candles....that's usually a sign of a quick dump and not long lasting at all beyond that current long candle.

 

[babouin77]

Can someone please confirm if I wait for the second arrow signal like LE or enter after first arrow?

when you see the big arrow red, that is telling you at the close of that candle it will open a short

 

[babouin77]

I hate long candles....that's usually a sign of a quick dump and not long lasting at all beyond that current long candle.

its powell effect

 

[Hypoluxa]

its powell effect

If it goes below $3799...should see $3780's next

 

[bhaskar_madugula]

when you see the big arrow red, that is telling you at the close of that candle it will open a short

What about long side today? Suggest to enter at 10:40 or 10:50 am CST today?

 

[Hypoluxa]

If it goes below $3799...should see $3780's next

@babouin77 wow...it went to mid $3780's. Hope you were in that deal!

 

[babouin77]

went short ES 3,806.25

closed at ATR target: 3800 : +$312.5 for one contract...

 

[babouin77]

@babouin77 wow...it went to mid $3780's. Hope you were in that deal!

i got out at ATR target...

 

[Hypoluxa]

closed at ATR target: 3800 : +$312.5 for one contract...

It appears I should've taken my own predictive advice! LOL

 

[babouin77]

It appears I should've taken my own predictive advice! LOL

haha been there done that as well

 

[slrank82]

Cool strategy..made a few hundred off it on the macd d BB cross at 12:30 est. I should have held longer but I didn't want to stick around to see if it was going to be a double bottom from 10:30ish est. If I held longer would have been a 800+ payday. Going to fine tune my method and try figuring out a better entry within a candle..I went down $200 at first and ended up $400 before cashing out. I went a little further out with the delta.

 

[Hypoluxa]

haha been there done that as well

I've been using a web based GANN calculator since Friday and its proven itself many times over! Look at the price it was when I typed it in ($3835) and then look at the targets it spit out that I also circled in red...it hit every single one of those!

https://imgur.com/a/70dmJfR

 

[babouin77]

I've been using a web based GANN calculator since Friday and its proven itself many times over! Look at the price it was when I typed it in ($3835) and then look at the targets it spit out that I also circled in red...it hit every single one of those!

https://imgur.com/a/70dmJfR

y 3835? is it just the price when u did it?

 

[Hypoluxa]

y 3835? is it just the price when u did it?

SPX was at $3835 at12:10EST and the first red MACDBB dot appeared then too...right before the SMA cross over. I used it live for the first time today and made $831 in 3 mins on an AMZN put this morning.