I am new to using the SPY system. Is it normal for the
majority of trade signals to come down to the final 5-10
minutes in the trading day before they are given?
BPT tries to give a heads up during the day for a buy. It will
appear at the top with the "sticky.". The "heads up" will include
the instruction for levels for a buy, etc. but will note that this
level can change throughout the day so check near the close. Today
was unusual in that no warning was given until the close was near
as the selloff was much more severe than expected. Again,
generally, it is more obvious much earlier that there may be a
potential buy signal. I hope I saved BPT some time by posting this.
;)
newbie question
Update
Posted by gibmo on 1st of Jun 2011 at 05:41 pm
I am new to using the SPY system. Is it normal for the majority of trade signals to come down to the final 5-10 minutes in the trading day before they are given?
trade notice....
Posted by burkmere on 1st of Jun 2011 at 07:16 pm
BPT tries to give a heads up during the day for a buy. It will appear at the top with the "sticky.". The "heads up" will include the instruction for levels for a buy, etc. but will note that this level can change throughout the day so check near the close. Today was unusual in that no warning was given until the close was near as the selloff was much more severe than expected. Again, generally, it is more obvious much earlier that there may be a potential buy signal. I hope I saved BPT some time by posting this. ;)
Yep thats the case, thx
Posted by matt on 1st of Jun 2011 at 08:26 pm
Yep thats the case, thx Burk