Posted by philosoraptor on 29th of Apr 2011 at 02:31 pm
I have nothing in my inbox either. Anyway, from what I have read
and observed from the chart examples, this system buys pullbacks or
the occasional strong gap over resistance. In other words, no
chance of a buy with price currently outside/'walking' the upper
Bollinger Band. If anything, surely the system would be setting up
for a cheeky/quick counter trend short (reversion to the mean)?
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I have nothing in my
Spy System buy signal for today Friday April 29
Posted by philosoraptor on 29th of Apr 2011 at 02:31 pm
I have nothing in my inbox either. Anyway, from what I have read and observed from the chart examples, this system buys pullbacks or the occasional strong gap over resistance. In other words, no chance of a buy with price currently outside/'walking' the upper Bollinger Band. If anything, surely the system would be setting up for a cheeky/quick counter trend short (reversion to the mean)?