Hello everyone, as you know one heck of a sell off today:

anyway more system trades:

First the Strap exited yesterday like God, and we had also exited 1/2 of the bear longs (though I should have placed a stop at break even for the remainder those bear longs are exiting (should be obvious)

New Trades:

The Strap Long that exited yesterday is going back long today on both SPY and ES for a 1st entry:  
- For SPY the trade will be 10K of SPY
- for ES the trade will be for 1 MES contract (not entered until 4:59 pm for ES as ES closes at 5)

- For ES: Bear Long version 2 is taking a 1st entry: the trade will be for 1 MES contract  (in case you are confused about a bear long exiting today (that's Ver 2), the one taking a new trade today is Ver 1

If you are nervous about taking these trades because of the market:  do what's right for you and fits your risk tolerance and personality. 

the systems can and will be early but if anything they are methodical and not emotional, if early they may need a 2nd or rare 3rd entry before the inevitable reversion to mean bounce. 

Matt