It’s Like Having Tomorrows Paper, Today

46 Comments

  1. Vik

    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.

    Reply
    • Hubert Senters

      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

      Reply
      • Vik

        Thanks Hubert! Also looking forward to the new chat room you’re planning to launch, the tradethemarkets chat room is way too expensive.

        Reply
  2. mike

    is the same true for the gapping to the down side?

    Reply
    • Hubert Senters

      Mike

      Sorry it only works on the long side.

      Hubert

      Reply
  3. william

    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

    Reply
    • Hubert Senters

      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

      Reply
  4. tony

    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

    Reply
    • Hubert Senters

      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

      Reply
  5. mike hassett

    How wide of a stop do you use for this trin trade?

    Reply
    • Hubert Senters

      Mike Hassett

      YM 40 points
      ES 4 points

      Hope it helps
      Hubert

      Reply
  6. Gail

    good video tonite… thanks!

    Reply
  7. Gary Stein

    The crescendo trade has several variations. What are the other variations?

    Reply
  8. Sean

    I’m alive. 🙂

    Reply
  9. Julie Reagan (JayRay)

    Excellent ‘class’. Thank you Hubert.

    Julie

    Reply
    • Hubert Senters

      Julie Reagan (JayRay)

      Note sure what name to use but you are welcome

      Hubert

      Reply
  10. richard

    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

    Reply
    • Hubert Senters

      Richard

      It just a matter of time.

      Hubert

      Reply
  11. Hawk Arps

    Is there an End of Day $TRIN value for a predicted short gap as well?? (.66???)

    Reply
    • Hubert Senters

      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

      Reply
  12. David

    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 !

    Reply
    • Hubert Senters

      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

      Reply
  13. Edison

    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?

    Reply
    • Hubert Senters

      Edison

      That make perfect sense to me as it would have less of a chance of filling.

      Great point.

      Hubert

      Reply
  14. Tim

    Thanks, Hubert! How do I get the “$TRIN” study so I can track this? Is it on TOS? -Tim

    Reply
    • Hubert Senters

      Tim

      On Tos I think it should just be $Trin.
      If not look for the arms index.

      Hope it Helps
      Hubert

      Reply
  15. Robert

    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?

    Reply
    • Hubert Senters

      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

      Reply
  16. Bill Hogan

    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 !

    Reply
    • Hubert Senters

      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.

      Reply
  17. OkieG

    We are alive, Hubert, and appreciate your sharing. Good tip on Crescendo. Thanks.

    Reply
    • Hubert Senters

      OkieG

      Thank You

      Hope you make Money with it.
      Hubert

      Reply
  18. Yhomas Sawyer

    I am new to your blog, you refer to TRIN, is this simply the SPY in the last ten minutes?

    Reply
  19. Susan

    Does this work on all index futures or any other asset?

    Reply
  20. Dennis Nitto

    Regarding the $TRIN, does the same factor apply for a low TRIN reading to go short and what is the level?

    Reply
  21. jeff

    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

    Reply
    • jeff

      Never mind. I get it, $TRIN not $TICK woops!

      Reply
    • Hubert Senters

      Jeff

      I know you are ready fig it out it the $Trin Not the $Tick

      Hope it helps
      Hubert

      Reply
  22. PC

    Another great video. Thanks!

    Reply
  23. Roger

    Thanks Hubert.

    Reply
  24. Jim

    Please tell me what initial stop you use for the crescendo trade. Also, is this a long-only setup?

    Reply
    • Hubert Senters

      Jim

      I use a 40 point stop loss on the Dow.
      Yes it’s a long only set up.

      Hope it helps
      Hubert

      Reply

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