The system does not have a "stop" but obviously there are rules
for exiting a long and short trade. Generally the system will
look for weakness (downward price movement) to close out a short
trade. Considering we just got into the 4th entry the system
will likely wait to see some trading first unless we get a strong
move that causes a close. I will keep everyone abreast of any
changes or updates.
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The system does not have
Spy Swing System Alert
Posted by tom on 30th of Oct 2011 at 09:53 am
The system does not have a "stop" but obviously there are rules for exiting a long and short trade. Generally the system will look for weakness (downward price movement) to close out a short trade. Considering we just got into the 4th entry the system will likely wait to see some trading first unless we get a strong move that causes a close. I will keep everyone abreast of any changes or updates.