Not looking for any trade secrets, but can you explain a bit why
the SPY closing
below134.79 price
point is so critical. I would think it might be more the opposite,
if it closed above that amount at the end of the day it would be
showing strength for the next day.
I am using FAZ mech system (7 min eod) on TradeStation and am
getting my short orders rejected. Explanation I got from TS was
that FAZ is not on the easy to borrow list, so the automated order
to sell short gets rejected. This really sucks, as I am missing
some good shorts and it hurts real profitability of the system.
Anybody experiencing similar problems? Any suggestions? Also
to Matt, are we going to see more mech systems on easy to borrow
equities?
Posted by crmcderm on 25th of Mar 2009 at 03:24 pm
Hi,
Does anyone have the Easy Language (Tradestation) for exiting a
position at end of day. The Close at End of Day strategy does not
work with automation on Live Trading.
Thanks for your help.
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SPY Close
Trade possibility on Thursday
Posted by crmcderm on 4th of May 2011 at 10:19 pm
Hi Matt,
Not looking for any trade secrets, but can you explain a bit why the SPY closing below134.79 price point is so critical. I would think it might be more the opposite, if it closed above that amount at the end of the day it would be showing strength for the next day.
Thanks,
Craig
Renko
Renko Trading
Posted by crmcderm on 9th of Jun 2010 at 06:20 pm
I am just starting to look at Renko charts and would be very interested in learning more. Thanks for sharing your knowledge.
FAZ Mechanical System - Not getting filled
Posted by crmcderm on 9th of Jun 2010 at 05:07 pm
I am using FAZ mech system (7 min eod) on TradeStation and am getting my short orders rejected. Explanation I got from TS was that FAZ is not on the easy to borrow list, so the automated order to sell short gets rejected. This really sucks, as I am missing some good shorts and it hurts real profitability of the system. Anybody experiencing similar problems? Any suggestions? Also to Matt, are we going to see more mech systems on easy to borrow equities?
Mechanical Systems Exit
Posted by crmcderm on 25th of Mar 2009 at 03:24 pm
Hi,
Does anyone have the Easy Language (Tradestation) for exiting a position at end of day. The Close at End of Day strategy does not work with automation on Live Trading.
Thanks for your help.