Matt, looks like yesterday $BPENER closed above its 9-day ema.
If today XLE closes above yesterday's high (which looks like it
will), is the system going to close its short and go long?
Thanks
by the way guys, if you shorted OIH instead of XLE you are still
up albeit just slightly since it shorted OIH at 43.36 and OIH is
just a hair under 43, otherwise XLE trade is down yes. I've
stated that it's best to trade OIH vs XLE.
The BPENER crossing the 9 EMA is not a trigger, there's a lot
more to it than that, but otherwise it's a hairs trigger from
reversing back
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XLE/BPENER system
Posted by shinings on 8th of Mar 2013 at 03:43 pm
Matt, looks like yesterday $BPENER closed above its 9-day ema. If today XLE closes above yesterday's high (which looks like it will), is the system going to close its short and go long? Thanks
by the way guys, if
Posted by matt on 8th of Mar 2013 at 03:47 pm
by the way guys, if you shorted OIH instead of XLE you are still up albeit just slightly since it shorted OIH at 43.36 and OIH is just a hair under 43, otherwise XLE trade is down yes. I've stated that it's best to trade OIH vs XLE.
The BPENER crossing the 9 EMA is not a trigger, there's a lot more to it than that, but otherwise it's a hairs trigger from reversing back