Hello everyone, first off no new systems trades today. However we do have one system trade open, a short the Stochastic Reversal, which triggered yesterday on ES and I discussed this one in last night's newsletter. 

Here's more detailed analysis of this trade; here's an image showing the current trade on the left, and the last trade from 2008.

the nice thing here is that one of my indicators BPT DS , as long as it closes below 0.2, it will then close out on any move up - therefore the stop should be pretty tight

Matt