SPX Trading Strategy for ThinkorSwim

[bhaskar_madugula]

And it nailed the 3877 target in the final 30 mins of the day. this GANN deal is wicked.

Yes, could have trusted it. Scared to get in the last few mins....

 

[bhaskar_madugula]

@Hypoluxa Are you able to nail the correct times for GANN?

 

[Hypoluxa]

Only using the times that i posted about here or either in the GANN forum

 

[bhaskar_madugula]

GANN today morning at 9 am CST did not provide good results but Camarilla provided good...
GANN Recommendation:
Buy at / above: 3890.64 Targets: 3904.29 - 3919.92 - 3935.59 - 3951.28
Stoploss : 3875.06
Sell at / below: 3875.06 Targets: 3861.44 - 3845.92 - 3830.42 - 3814.96
Stoploss : 3890.64

 

[jtrain252]

No matter what I do i cannot get the scanner to work for it. Definately would of made me money on SPY in the morning and before close though. DOnt know why i cant get the scanner to pick up. it always says no stocks found

 

[Hypoluxa]

GANN today morning at 9 am CST did not provide good results but Camarilla provided good...
GANN Recommendation:
Buy at / above: 3890.64 Targets: 3904.29 - 3919.92 - 3935.59 - 3951.28
Stoploss : 3875.06
Sell at / below: 3875.06 Targets: 3861.44 - 3845.92 - 3830.42 - 3814.96
Stoploss : 3890.64

it went well above 3890 for almost 3 hours today. The high for today was 3903.76....only .53 from the total target goal of 3904.29.....what more can you ask for? You can not expect perfection from any type of indicator....but a $13 move from 3890 is pretty dang successful from where I sit.

 

[securedabag23]

are you following everything in post 1 or you made some adjustments?
@securedabag23[/USER
[/QUOTE]

I'm using Post #1 & #568 together. I like the warning and entry alerts. No adjustments.

 

[DDW]

No matter what I do i cannot get the scanner to work for it. Definately would of made me money on SPY in the morning and before close though. DOnt know why i cant get the scanner to pick up. it always says no stocks found

What exactly are you scanning for?

 

[jtrain252]

ok i **** never mind I got it working. Sorted by Mark, and only showing anything OVER 10$ mark

 

[barbaros]

I've been monitoring it the last 8 trading days....I've only used it live twice and was successful both times. BUT...from what I've seen while monitoring it...its extremely accurate.

I still can't figure out how to verify the GANN entries. From backtesting, I see that there are a lot of entries triggered with high/low wicks.

 

[Hypoluxa]

I still can't figure out how to verify the GANN entries. From backtesting, I see that there are a lot of entries triggered with high/low wicks.

I can imagine there are a lot of signals. When a long/short goal is crossed...the price always crosses back over or under before finally going in the direction its supposed to go based off the targets.

 

[barbaros]

I can imagine there are a lot of signals. When a long/short goal is crossed...the price always crosses back over or under before finally going in the direction its supposed to go based off the targets.

It seems like you watch for price action instead of setting pending orders for those levels.

 

[DDW]

Buy signal setting up, this 9:50 candle needs to close

 

[Arkitekt]

Buy signal setting up, this 9:50 candle needs to close

This was a tricky one. It was right as price was turning over. Luckily was able to get in and out for a quick $500 scalp. I also used @Hypoluxa suggestion (I know still being tested) and put in the 9:00 ES price into GANN. It showed a high of 3913 which the opening push almost touched with a high of 3912.54 before it turned so I was not surprised it peaked there.

Hopefully everyone else either stayed out or came out a little greener!

 

[Hypoluxa]

This was a tricky one. It was right as price was turning over. Luckily was able to get in and out for a quick $500 scalp. I also used @Hypoluxa suggestion (I know still being tested) and put in the 9:00 ES price into GANN. It showed a high of 3913 which the opening push almost touched with a high of 3912.54 before it turned so I was not surprised it peaked there.

Hopefully everyone else either stayed out or came out a little greener!

that's awesome! I missed my put opportunity when GANN said it was to go to 3892 if it went below 3906...i set my buy limit too low and i don't chase.

 

[DDW]

This was a tricky one. It was right as price was turning over. Luckily was able to get in and out for a quick $500 scalp. I also used @Hypoluxa suggestion (I know still being tested) and put in the 9:00 ES price into GANN. It showed a high of 3913 which the opening push almost touched with a high of 3912.54 before it turned so I was not surprised it peaked there.

Hopefully everyone else either stayed out or came out a little greener!

I used the ATR exit in @barbaros study @3910 that was hit on the 10:00 candle

 

[am3ncorn3r]

Has anyone tested using this to trade on the 5 min chart Its a bit quicker. Going to do some backtesting on it. We are also working on settings for SPY.

Settings: 6, 1, 4, 8, 28 for the Macd

 

[Martian]

Well, i bad played this one. I entered on Trade at 7:51 ( which was peaked ) for 3910C for March 12th, then it barely moved from that point, i had to sell in loss (-500) as it plunged. It would be a good entry if i was get in lil earlier. Wondering how @DDW got the perfect entry.

 

[rfb]

Has anyone tested using this to trade on the 5 min chart Its a bit quicker. Going to do some backtesting on it. We are also working on settings for SPY.

Settings: 6, 1, 4, 8, 28 for the Macd

Nice....I looked at the standard settings initially and noticed a few opportunities to get in earlier, but haven't done any changes as of yet. I prefer the original 10 min version from Hypoluxa and look at a separate 5 min chart, either Stockcharts or ToS, for confirming divergences.

 

[hientp]

market choppy today, got green then turn red, maybe just stay on the side today wait until 1pm