$BPENER - Chart Link - the BPENER hit 11% today, that's very low. Also note the reverse divergence in place regarding price and the indicators, this may signal a low
$BPENER - Chart Link - Renko Chart
$BPENER - Chart Link - the BPENER hit 11% today, that's very low. Also note the reverse divergence in place regarding price and the indicators, this may signal a low
$BPENER - Chart Link - Renko Chart
Here's our most recent newsletter, this one is very comprehensive and and very long as it discusses both the general market and commodities. I hope you enjoy this comprehensive free newsletter
CLICK HERE to view the newsletter
have a good week!
Matt
Hello everyone, here's a chart of my powerful BPT MA Deluxe market trending indicator, it doesn't catch exact tops or bottoms, but it does very well catching trends. Here's a current chart showing the last year and a statistics table showing trades going back to 2010, out of 37 trades only 4 losing trades and the largest losing trade was less than 2%, that's not bad. Also the average hold time is 45 days so it's easy to follow even if you work a busy day job, and some trades last as long as 3 to 6 months with a couple of them lasting about 200 days!
This powerful market indicator comes free with a BPT membership, which is only $50 a month, just one trade should easily pay for your membership many times over and you can expect an average of 3 - 5 trades in a 6 month period.
Here's a link to our signup page, consider signing up to our 6 month membership!
Hello all, here's a video that I just made showing you an ultra simplistic system using a standard 14 length RSI and getting long or short triggers when price tags or gets very close to the 50% level on the RSI. Your trigger is taking back at least 50% or more of the previous candle similar to the method Steve shows in his tutorials. Anyway it's pretty simple, but figured I'd share it with you guys. This method works with any stock, seems to work best on the daily time frames per my observations.
CLICK HERE to watch the video
enjoy the rest of your day
Matt
Hello everyone, here's the highly detailed weekend commodity newsletter. I will follow up with a newsletter on the general market later this evening.
CLICK HERE to watch the Commodity Newsletter
I hope your weekend is going well,
Matthew Frailey
yes I can confirm that the BPT MA Deluxe went red. It goes to cash if price has been green for a long time as it would assume it's a trending wave and due for a choppy ABC wave, however the indicator was not green for long enough, thus once price sliced through the ATR it turned red this time vs going to cash like it did the past few times
Here's new new statistics, clearly this last pullback gave back a lot of gains that it had but still closed out with about a 1% gain. Again as Steve and I have said, this is a great trending indicator, probably one of the best out there, but it's not gonna catch tops and bottoms, best used in conjunction with you own analysis etc. See the chart and stats table showing the trades going back several years
Hello everyone, I hope you had a nice weekend so far! Here's the general market newsletter, please take the time to review as I have some important charts and updates in tonight's newsletter.
General Market Newsletter Sept 7th, 2014
Matthew Frailey
Hello all, here's my most recent comprehensive market newsletter
CLICK HERE to view the Free newsletter
Breakpoint Trades is one of best technical analysis websites bar none, each week we provide 6 highly detailed newsletters with market analysis and trade ideas. If you are looking for robust mechanical systems with exact entries and exits in order to take out the emotion we have that too (click here). If you are looking for a managed futures account, we have that as well (click here). If you are looking for custom market indicators and long term tools for 401K's we have that too. Think of Breakpoint Trades like a smorgasbord buffet, we have something for all types of traders and you can't beat our prices!
Sign up for a 6 month membership today by clicking here today
Matthew Frailey
Hello everyone, here's tonight's newsletter, please take the time to review as I discuss plenty of educational topics, and of course the analysis and trade ideas.
CLICK HERE to view the Newsletter
best to your evening,
Matthew Frailey
Hello everyone, as you know the market has had a really nice correction so far off the highs from 3 weeks ago; I hope some of you paid attention we called for a pullback and presented plenty of shorts and market inverse ETF's as a way to play this correction, plus we've been calling for a major pullback for early this fall all summer long. Here's our most recent very detailed market newsletter with our thoughts:
CLICK HERE to view the Free Newsletter
Hello everyone, I hope you had a nice weekend! Here's my free market weekend newsletters, one is on commodities and one is on the general market. As you know, the market has finally had a much overdue pullback, click the URL's below to view the free newsletters and have a nice week!
CLICK HERE for the Commodity and Precious Metals Newsletter
CLICK HERE for the General Market Newsletter
take care,
Matthew Frailey
$MID - Chart Link - big market down day, H&S pattern appears to be playing out, notice that price is now testing the uptrend line from Feb
Hello everyone, as you know, the market has been quite volatile lately, here's my review of the market along with commodities, precious metals, and some trade Ideas.
CLICK HERE to view the free BPT Newsletter
Matthew Frailey
Hello everyone, first off I hope you had a nice 4th!!
Here's the Commodity Weekend Newsletter, please take the time to review, there is some important administrative things discussed, but also a lot of educational things as well as swing trading ideas for those of you who busy with day jobs etc. Later today I will post the general market newsletter as well.
take care and enjoy the rest of your Sunday!
Matthew Frailey