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This is an alert about BPT Mechanical Systems:

FYI the Trend/Pullback sub system is triggering a 1st entry long I'll show 10K of SPY ETF on the website, and the same system is also triggering on ES but won't be confirmed until 5 pm closing bar.

here's some additional text I posted earlier today, and I"ll be updating the trade tables this evening,

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When trading the systems you have to decide a game plan: capital you are using, instruments you are trading for the systems, and if you are going to take each individual sub system trade or you are going to limit how many individual systems you take; again that's up to you to decide.

that said - for my eventual goal of adding an ETF basket (SPY, IWM, QQQ, DIA, EEM, etc), for such a basket I won't be doing all the individual sub systems for each ETF, that's simply too much to follow. Even now people struggle with the individual systems on SPY and ES, and remember the reason I have been sharing all the sub systems is in order to get the most trade opportunity and the systems act as a risk mitigation against one another i.e. if one system has a bad trade chances are another system will catch a winning trade around that same time to make up for it.

but again, in the future after I have an ETF basket I'll have all the sub systems on one chart for each ETF, that way only one system can be active at one time, or I may decide to place all longs on one ETF chart and all shorts on the same ETF.  

anyway that's some of my longer term plans with this stuff

Matt

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