EOM Q&A “Simple Simon” Signals for SPX Futures 5.18.16

Q. I am new to Futures, but I can see/understand the chart detail for $VIX, CMF and MACD.  But what I do not know is – what was the price trigger?  I see the cross at  BB 20 <– was that it? 
 
I guess I need to “learn” SS Buy/Sell Signals for Futures.
Great question…I will cover all of this plus a ton more with the upcoming Futures Workshop, to be held in Marion, IL., this Summer.  More details to come. 
 
Here are my Simple Simon Signals.
 
Thank You,
 
DOE
 
Simple Simon Buy or (Buy to Cover) Signal
1. $VIX must cross down through the 6 EMA..with a trendline break
2. CMF 5 Setting  Green Bars
3. CMF 10 Setting  Green Bars
 
MACD Histogram–Green Bar Confirmation
 
If the SPX price is trading ABOVE, the 50 BB line-that is icing on the cake.
 
 
Simple Simon Sell or (Short) Signals
1. $VIX must cross up through the 6 EMA…with a trendline break
2. CMF 5 Setting RED Bars
3. CMF 10 Setting RED Bars
 
MACD Histogram–RED Bar Confirmation
 
If the SPX price is trading BELOW, the 50 BB line-that is icing on the cake.
When buying or selling contracts, scale in and out. For example, when a signal is generated, start with 2 or 4 contacts.  IF the trade
continues to go in your favor, add another 2 or 4 contracts.
 
When your trade goal has been hit, begin to scale out…lock in profits with partial shares, or get out entirely.  
 
After a 2, 3 or 4 K day, walk away for the day…and no bragging to your non-trading associates.  Email me your trading results…we will celebrate together!
 
After losing on the first couple of trades, walk away for the day.
Protective Stops are a must with ANY TRADING….especially Futures.
 
DOE
When your Vision and Goals are Clear-Results will Appear!
 
This information is for Educational purposes only.
It shall in no event be construed or interpreted as an offer or recommendation to buy or sell securities of any kind.
 
GM,
 
The Simple Simon Buy Signal hit at 2044.  Many traders locked in a ten point ($500/contract) profit at 2054 when their protective
sell order hit.
 
If new to trading, study the indicators that gave the SS Buy Signal.
 
This is an excellent example of the market doing the exact opposite of what many expected it to do.
 
Be safe going into the afternoon…before and after the Fed Announcement.
 
DOE
 
When your Vision and Goals are Clear-Results will Appear!
This information is for Educational purposes only.
It shall in no event be construed or interpreted as an offer or recommendation to buy or sell securities of any kind.
 

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