FYI, the SPY swing system may go long today at the close. The
price levels are dynamic and constantly changing, however right now
SPY needs to close between
$131.87 and
$131.45would trigger the long.
This alert applies to both the single entry and muti entry
system: The multi entry system would take a 40% stake at the
close while the single entry system would take a 100% stake at the
close.
Yes we have the debt ceiling talks etc and a possible downgrade
looming, but I cannot program news into a system. It is what
it is.
Posted by cclammers on 27th of Jul 2011 at 02:21 pm
I hate to sound stupid . . . but does Matt's statement on the
parameters of the trade translate, at this moment to, "go long SPY
if SPY closes below 131.87 and above 131.48". My hang up, and
it's probably me, is how do you define "between". This
definition would mean that if SPY closes at 131.87 or 131.48 there
is NO trade.
Yes between means between, if it included the prices, I would
say at or below 131.87, at or above 131.48. Between means
between those numbers not include
SPY Swing System Possible Long Today
Posted by matt on 27th of Jul 2011 at 10:14 am
FYI, the SPY swing system may go long today at the close. The price levels are dynamic and constantly changing, however right now SPY needs to close between $131.87 and $131.45would trigger the long.
This alert applies to both the single entry and muti entry system: The multi entry system would take a 40% stake at the close while the single entry system would take a 100% stake at the close.
Yes we have the debt ceiling talks etc and a possible downgrade looming, but I cannot program news into a system. It is what it is.
SPY 1 min dynamic chart
The lower range is now
Posted by matt on 27th of Jul 2011 at 03:32 pm
The lower range is now 131.45, I also updated it on the sticky post
Not to worry, way outside
Posted by Robert50 on 27th of Jul 2011 at 03:30 pm
Not to worry, way outside the range....
I hate to sound stupid . . .
Posted by cclammers on 27th of Jul 2011 at 02:21 pm
I hate to sound stupid . . . but does Matt's statement on the parameters of the trade translate, at this moment to, "go long SPY if SPY closes below 131.87 and above 131.48". My hang up, and it's probably me, is how do you define "between". This definition would mean that if SPY closes at 131.87 or 131.48 there is NO trade.
that is the definition of between...
Posted by 8899 on 27th of Jul 2011 at 02:44 pm
by definition, between means NOT including the end points...
Yes between means between, if
Posted by matt on 27th of Jul 2011 at 03:19 pm
Yes between means between, if it included the prices, I would say at or below 131.87, at or above 131.48. Between means between those numbers not include
Thanks for the update, will
Posted by kattap on 27th of Jul 2011 at 11:00 am
Thanks for the update, will wait for the signal
Thanks Matt. You really said
Posted by Robert50 on 27th of Jul 2011 at 10:25 am
Thanks Matt. You really said it: IT IS WHAT IS." Standing by.