Bringing quantitative analysis to ThinkOrSwim. Volatility models, backtesterers, scans, and courses to build your own edge. Sharing data, not advice.
California, USA
Joined April 2019
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$QQQ sold off into a major Fibonacci zone today ($667.24 and $668.58)
Also a pullback to the weekly Market Pulse line.
Next level down is $610.23.
Buy, or the start of a downtrend?
We backtested 1,178,668 Opening Range Breakout trades.
1) 5-min ORB has the highest win rate at 53.78%
3) 15-min wins only 46% but makes the most per trade.
3) TSLA best ORB stock at 57%. SPY/QQQ? No edge.
4) Shorts win more often. Longs make 2x more.
Full breakdown:
$AIRS Not a company that usually hits my radar, but...
I think there is an opportunity.
Market has priced for bankruptcy. But they have a new CEO, 25 clinics in great locations, and insiders have been buying. Currently trading at <1x sales
Full video: youtu.be/FJ5u_tNwIog
$XLP ATR is up 45% in 6 weeks while holding Green/Acceleration for 30 straight sessions.
Today's dip pulled it right into the Aggressive VB models. Some recent backtest highlights:
- PG 65% (26 trades),
- KO 58% (24),
- PEP 57% (28)
All in Acceleration, with expanding ATR!
For those who trade Copper Futures:
Waiting for an Edge Signal reversal confirmation on $HG_F, to short via the Aggressive Volatility Box.
Had a nice winner using our rules and models yesterday.
Post-earnings trade in $EGHT using our conservative models.
8x8 gap down, and looking for a long from $16.17 or better, stop outside of the #VolatilityBox, target at $16.48.
Active trend trade in $NQ_F futures:
Fully expecting price to chop around sideways for the next hour, before making a move, one way or the other.
Entry: 9317
Target: 9366
Stop: 9222
Prefer using /MNQ or QQQ call options, instead of the full size for this setup.
For anyone in the $NET trade with me, I plan to use any strength today and tomorrow to exit my positions prior to the earnings announcement.
CloudFlare reports tomorrow after the close.
buff.ly/35DusYe
Out of our $NET position for a NICE winner. Entry came after a squeeze signal, and the trade was shared in our free YouTube videos for all traders (members and non-members).
buff.ly/35DusYe
Beautiful chart.
Squeeze Signal + Short Squeeze
$RSG long setup via our Conservative #VolatilityBox models.
Selling off post-earnings, looking for a quick scalp.
Long: $78.90
Stop: $78.40
Target: $80.24
Current trade setups via #VolatilityBox Dashboard.
$SHOP has just entered the building, hitting its most aggressive set of volatility ranges.
Follow up for trade in $TRN - first target hit. Stop moved to +$0.01 above break-even ($19.47), and looking for a flush to $18 next.
Just looking to see how low is low now. Free trade.
Two consecutive days of high-volume records on $LUV, from previous support (back from '14).
Very interesting daily chart here.
Check out our newest #Trading Film Room episode, this time taking a deep dive into the $ES_F on a 1 minute chart.
We study both trend and fade setups, using a process-driven approach.
youtu.be/o3YMCs-ngkk