Hello everyone, I hope you enjoyed your long 3 day weekend, in observance of Memorial Day the US Markets were closed on Monday.
Here's my General Market Newsletter
Also note we have a new service coming in mid June
Monday, May 26, 2014
Thursday, May 22, 2014
BPT MA Deluxe and 60 min things I'm watching
I've been using the BPT MA Deluxe on the 60 min SPX chart to get low risk entries on pullback, I have not automated this year but considering doing so eventually. I have not put all the rules together but have been trading it with SPY and well - anyway here's what I'm looking at, watch the video below
Wednesday, May 21, 2014
Monday, May 19, 2014
Here's our most recent newsletter
Hello everyone, here's my recent newsletter, CLICK HERE to view the Newsletter
I discuss the general market and some trade ideas as well as our SPY Professional system which just closed out of another winning trade today!
Also we have now launched a new service with Ditto Trade for those of you who want a truly automated experience where you can have our SPY Pro trades automatically executed in your account for you!
good trading,
Matthew Frailey
Thursday, May 8, 2014
SPY Professional System achieves first scaleout
Hello everyone, The SPY Pro system achieved its first scaleout, click the newsletter link below to see details.
CLICK HERE to view the Newsletter
Matthew Frailey
Wednesday, May 7, 2014
Wednesday May 7th Newsletter
Hello everyone, here's my detailed newsletter, this one covers the general market, our SPY Professional System and Ditto Trade, some commodities, and trade ideas
CLICK HERE to view the Newsletter
take care,
Matthew Frailey
SPY Pro system comments
For those of you following the scaleout versions of the SPY pro system:
1% scaleout is at a price of $188.65 and the 1.25% scaleout is at a price of $189.11. I have not officially changed the current 1% to 1.25% but probably will soon.
The 2.75% scaleout is at a price of $191.92.
Again should you wish to follow those simply set GTC orders so that they automatically execute for you. Or you may choose not to follow the scaleouts.
I also have a scale-in version of the system that I'm considering where it would enter a second position at better prices. I have not yet decided on this.
Here's two very detailed excel reports, right click to download them, these show all the trades for the non-scaleout and scalein.
Also I've attached in image showing an example of the scale-in vs the non-scale-in (see the Feb trade). None of these contain scaleouts
SPY system Excel File Non-scalout system (right click to download)
SPY system Excel File two Scale-in version (right click to download)
Tuesday, April 29, 2014
SPY Professional System Scaleout Discussion
Hello everyone, here's a quick newsletter where I compare the SPY Pro system with various scaleouts from 1, 2, or 3 scaleouts as well as adjust the profit target percentages; as you know on the weekend general market newsletter I stated that I will probably be changing either the number of scaleouts or percentage, so here's a comparison.
If you have any suggestions or comments feel free to send me an email to support@breakpointtrades.com
And regarding our prices - our 6 month membership works out to only $40 a month - let's put that into perspective how cheap that is: I'm sure that most of you these days have a smartphone like an Iphone or Android? if you do, your cell phone bill is probably $80 - $110 a month, that's 2 to 3 times the price of a subscription here at BPT and we can make you money whereas your phone only costs you money each month! Just putting it into perspective.
Matthew Frailey
Monday, April 28, 2014
Market Comments, FB etc
SPX is flat, Nasdaq is down -0.7%, RUT is down 0.96%, techs and small caps continue to under perform badly vs the SPX and Dow large caps:
AMZN - Chart Link - mono high pe stocks still weak
FB - Chart Link - FB looks like it's going to test its 200 day MA. However could it be a large H&S pattern that measures much lower??
$RUT - Chart Link - Rut weak testing 200 MA again
Sunday, April 27, 2014
General Market Newsletter Weekend of April 27th, 2014
Hello everyone, first off I hope you had a nice weekend! Here's my general market newsletter, I cover the 'big picture', and short term views of the market, as well as some indicators and systems, and trade ideas.
CLICK HERE to View the Newsletter
enjoy the remainder of your evening,
Matthew Frailey
Tuesday, April 15, 2014
Monday, April 14, 2014
Monday April 14th Newsletter
Hello everyone, nice bounce in the market today from oversold conditions, here's my thoughts, and I also cover some educational examples
CLICK HERE to view the Newsletter
Matthew Frailey
Wednesday, April 9, 2014
Most recent Newsletter
Hello everyone, here's tonight's newsletter, also please note that I discuss a few administrative thinks like our SPY Professional system which went long on Monday and hit it's first profit target scaleout today, and our world class BPT MA Deluxe trending indicator. The SPY Pro system and the BPT MA Deluxe are more than worth the tiny cost of a paid membership.
CLICK HERE to view the newsletter
take care,
Matthew Frailey
Subscribe to:
Posts (Atom)