Today we pushed higher and sold off. Was this a stronge
enough wave five to say that we are complete and add more
bit of data to list that says a top may
be coming sooner rather than later.
Will the dollar ever mount a rally? I would think with the
euro printing presses running more than usual some strength might
be noticed. Is the dollars future one of who can print
currency faster. This is the only area/policy that the FED
can do well.
Soneone has got to ask WHY was the short postition closed out
today. So the Spy entered a little early on the first
buy and even the second entry--divergences are building and I
feel we are getting closer to a correction. I would have
expected a third entry not a covering. Help me out
for future understanding on why the system did what it
did. Your daily newletter does an excellent job of pointing
out the divergences that are in work that may predict a correction
of some type in the near future--Thanks, !
My personal goal is to follow the Spy system 100% as instructed,
but what I'm finding as I listen to your newletter is that
the commentary contradict the Spy systems position and I have
to trade outside of the Spy system to stay on the right side of a
trade. The present trade is a perfect example. What I
would like to see is the Spy system and your newletter that is
on the same page. As you sort through some of the
unsucessful trades in the Spy System, I'm sure you'll be
asking yourself why the system took the trade and if
they could have been avoided or limited better. One
thought might be to take trades less often when the volitility
index is very high or in a predetermined range. In
trending market the Spy System does very well.
I also hope you comment on the renewal fee and any adjustment
that might be forthcoming.
Please continue to teach analysis in you newsletters. It
is very much appreciated.
Thanks Matt,
Mark
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
The community is delayed by three days for non registered users.
Market Top (Maybe?) ------ Dollar
Have a nice weekend...
Posted by spirit on 24th of Feb 2012 at 04:49 pm
Today we pushed higher and sold off. Was this a stronge enough wave five to say that we are complete and add more bit of data to list that says a top may be coming sooner rather than later.
Will the dollar ever mount a rally? I would think with the euro printing presses running more than usual some strength might be noticed. Is the dollars future one of who can print currency faster. This is the only area/policy that the FED can do well.
Have a great weekend to all---
SPY 2/9/12 Closed Out Short Trade Today?
SPY Trade on 2/9/12
Posted by spirit on 9th of Feb 2012 at 10:04 pm
Soneone has got to ask WHY was the short postition closed out today. So the Spy entered a little early on the first buy and even the second entry--divergences are building and I feel we are getting closer to a correction. I would have expected a third entry not a covering. Help me out for future understanding on why the system did what it did. Your daily newletter does an excellent job of pointing out the divergences that are in work that may predict a correction of some type in the near future--Thanks, !
GDX ----Renko
GDX Renko
Posted by spirit on 24th of Oct 2011 at 11:00 pm
Thanks for posting --I don't have a Trade Station account and this system has been spot on for many of the recent trades. Please keep posting.
Spy System--Review
SPY system
Posted by spirit on 21st of Oct 2011 at 09:20 pm
My personal goal is to follow the Spy system 100% as instructed, but what I'm finding as I listen to your newletter is that the commentary contradict the Spy systems position and I have to trade outside of the Spy system to stay on the right side of a trade. The present trade is a perfect example. What I would like to see is the Spy system and your newletter that is on the same page. As you sort through some of the unsucessful trades in the Spy System, I'm sure you'll be asking yourself why the system took the trade and if they could have been avoided or limited better. One thought might be to take trades less often when the volitility index is very high or in a predetermined range. In trending market the Spy System does very well.
I also hope you comment on the renewal fee and any adjustment that might be forthcoming.
Please continue to teach analysis in you newsletters. It is very much appreciated.
Thanks Matt,
Mark