Not really, we've seen this before in past trades. I can't
really tell you exactly without giving away secrets to the system.
Basically a couple of indicators/conditions are coming in
around a tight range, it happens.
Thanks Matt. On the 60 min chart I see a lot of gapping
and S/R for this tight range going back two months. Of
course, we're trying to figure things out.
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Tight entry target
SPY Alert
Posted by floyd on 14th of Sep 2011 at 02:13 pm
Interesting that this is such a tight entry price band. Any info on why the band is so narrow?
Not really, we've seen this
Posted by matt on 14th of Sep 2011 at 02:25 pm
Not really, we've seen this before in past trades. I can't really tell you exactly without giving away secrets to the system. Basically a couple of indicators/conditions are coming in around a tight range, it happens.
Thanks Matt. On the 60
Posted by floyd on 14th of Sep 2011 at 04:31 pm
Thanks Matt. On the 60 min chart I see a lot of gapping and S/R for this tight range going back two months. Of course, we're trying to figure things out.