Highly appreciate the videos Hubert. Have you done any backtests on gaps following high TRIN readings, say above 2? Would love to see what the results of that would be. Thanks.
Hubert, in this $trin video you said to go long the next day for a gap up. My question is go long in what? on your chart the symbol was @YM.D. will this work on regular stocks too?
Thanks
hubert i have gave u a ? and no response from u. ABOUT ur trade the markets chat room for 300 bucks. really lke the trades u show here r they the same or better in the chat room or what would one expect. was kinda interested in trying it seems ur pretty good at this with very tight stops with small loses with big winners. and thanks for the vids even though u havnt responded back to me
In this example you show the YM, I’m presuming that the $TRIN would give you the same heads up with the ES, TL and possibly the NQ’s. Is this correct and if so are there any other instruments that you could use this method for? – Thanks in advance !
Hi Hubert ! I really do appreciate your videos and your trade advice, short sweet and right to the point, and very informative. I trade options rather than futures (but will probably make the switch soon). Rather than the @ym on the crescendo would you use the SPY, or DIA for the options? Thanks for your help !
Highly appreciate the videos Hubert. Have you done any backtests on gaps following high TRIN readings, say above 2? Would love to see what the results of that would be. Thanks.
Vik
Yes I try to always back test and or forward test all my setups.
I prefer the $trin reading of 2.0 but i will take 1.5 as it gives me a few more trades.
I will see if i can get my programmers to test it and send out the results.
Hope it helps
Hubert
Thanks Hubert! Also looking forward to the new chat room you’re planning to launch, the tradethemarkets chat room is way too expensive.
is the same true for the gapping to the down side?
Mike
Sorry it only works on the long side.
Hubert
Hubert, in this $trin video you said to go long the next day for a gap up. My question is go long in what? on your chart the symbol was @YM.D. will this work on regular stocks too?
Thanks
William
Great question you go long at the end of the day.
You go long the YM which is the Dow futures you can also use the SP s and p futures.
It will work for the DIA and the SPY and also for market proxy stocks that move with the markets.
If you hav more follow up questions let me know.
Hope it helps
Hubert
hubert i have gave u a ? and no response from u. ABOUT ur trade the markets chat room for 300 bucks. really lke the trades u show here r they the same or better in the chat room or what would one expect. was kinda interested in trying it seems ur pretty good at this with very tight stops with small loses with big winners. and thanks for the vids even though u havnt responded back to me
Tony
Sorry I must have missed you question.
I will be launching a new Service in 30-60 days.
I can keep you in the loop once its ready to go.
Hope it helps
Hubert
How wide of a stop do you use for this trin trade?
Mike Hassett
YM 40 points
ES 4 points
Hope it helps
Hubert
good video tonite… thanks!
The crescendo trade has several variations. What are the other variations?
I’m alive. 🙂
Sean
That is a good thing.
Hubert
Excellent ‘class’. Thank you Hubert.
Julie
Julie Reagan (JayRay)
Note sure what name to use but you are welcome
Hubert
I’ve seen you tell us this before and I always seem to forget it. Got to sink in one of these days.
Thanks,
Richard
Richard
It just a matter of time.
Hubert
Is there an End of Day $TRIN value for a predicted short gap as well?? (.66???)
Hawk
Unfortunately not one that works well enough to talk about.
Some time a $trin readin .45 will work but it not reliable.
Hope it helps
Hubert
In this example you show the YM, I’m presuming that the $TRIN would give you the same heads up with the ES, TL and possibly the NQ’s. Is this correct and if so are there any other instruments that you could use this method for? – Thanks in advance !
David
It works great on the YM and the ES.
It should also work on the NQ and the TF.
Im not sure what the TL is?
You could also do an inverse trade on the bonds.
Hope it helps
Hubert
As a thought about another of your strategies:
So if I’m looking to fade a positive gap. I wouldn’t do it if the prior day’s TRIN was >=1.50.
Does that make sense?
Edison
That make perfect sense to me as it would have less of a chance of filling.
Great point.
Hubert
Thanks, Hubert! How do I get the “$TRIN” study so I can track this? Is it on TOS? -Tim
Tim
On Tos I think it should just be $Trin.
If not look for the arms index.
Hope it Helps
Hubert
What stop loss do you set when you enter the trade ? You say to move to BE when the market opens, what is your initial SL?
Robert
When I do the Trade I do it either in the Dow and I use a 40 points stops loss.
IF I do it in the SP i use a 4 point stops.
Then at the open I sell half and move to the stop to break even.
Hope it helps
Hubert
Hi Hubert ! I really do appreciate your videos and your trade advice, short sweet and right to the point, and very informative. I trade options rather than futures (but will probably make the switch soon). Rather than the @ym on the crescendo would you use the SPY, or DIA for the options? Thanks for your help !
Bill
That should work just fine you would just have to get in them before the close.
SPY, DIA or QQQ should work.
Thank you for you kind comments.
Hope it helps
Hubert
PS: let me know if i can do anything to help you get started trading futures.
We are alive, Hubert, and appreciate your sharing. Good tip on Crescendo. Thanks.
OkieG
Thank You
Hope you make Money with it.
Hubert
I am new to your blog, you refer to TRIN, is this simply the SPY in the last ten minutes?
Yhomas
The $Trin is also called the Arms Index.
Bet way to think about it, is that it is a measurement of risk for longs.
Here the Definition of it https://www.investopedia.com/terms/a/arms.asp#axzz2KBU87dgK
It is not the spy in the last 10 mins but you could use it to trade the SPY.
Hope it helps
Hubert
Does this work on all index futures or any other asset?
Regarding the $TRIN, does the same factor apply for a low TRIN reading to go short and what is the level?
How do you get at $TICK reading of 1.5? I checked at close today it was 818.45. Am I looking a the wrong thing?
Thanks
Never mind. I get it, $TRIN not $TICK woops!
Jeff
No worries it happens.
Hubert
Jeff
I know you are ready fig it out it the $Trin Not the $Tick
Hope it helps
Hubert
Another great video. Thanks!
PC
Thank You
Hubert
Thanks Hubert.
Please tell me what initial stop you use for the crescendo trade. Also, is this a long-only setup?
Jim
I use a 40 point stop loss on the Dow.
Yes it’s a long only set up.
Hope it helps
Hubert