FYI - the XLE system will be taking a very aggressive long -
please realize that this is an aggressive long that the system is
only looking to hold for a very short time because the trend is
down, in fact if a bounce occurs the system will exit the long back
over the 9 EMA or when 5 length Stochastics gets back to
overbought
I apologize for the late notice, however XLE is highly liquid
and can easily be traded after hrs. And again this is an
aggressive trade so please don't feel the need to do it.
As always please trade in accordance with your own plan and
objectives, systems have their limitations.
I will make an adjustment to the XLE systems page this
evening,
XLE systrem
Posted by matt on 6th of Jun 2013 at 04:02 pm
FYI - the XLE system will be taking a very aggressive long - please realize that this is an aggressive long that the system is only looking to hold for a very short time because the trend is down, in fact if a bounce occurs the system will exit the long back over the 9 EMA or when 5 length Stochastics gets back to overbought
I apologize for the late notice, however XLE is highly liquid and can easily be traded after hrs. And again this is an aggressive trade so please don't feel the need to do it.
As always please trade in accordance with your own plan and objectives, systems have their limitations.
I will make an adjustment to the XLE systems page this evening,
Matt
Bought some erx before the
Posted by atlantis on 6th of Jun 2013 at 04:22 pm
Bought some erx before the close. Thanks for pointing out the targets.