FYI - this is an early notification to be on watch later today,
and of course depending on how the market behaves in the afternoon
I may not be able to confirm the signals until the close if the
signal is on the edge, though I will do my best to confirm before,
though remember SPY is the most liquid ETF on Earh for after hrs
trading and our Ditto Service has no problems entering after
hrs.
So if confirmed today here's the signals:
- SPY Pro system would take a long position at the close
If you are trading the Combined SPY systems which includes a
combination of 40% of SPY Pro, 30% of SPY Ver 2, and 30% of
SPY RSI 2, the breakdown would be as follows based on a 100%
allocation: see table below
SPY ProSPY Ver
2SPY RSI 2
1st Entry 40%
18%
18%
2nd Entry N/A
12%
12%
- SPY Pro system would go long 40% of the allocation at the
close
- SPY Ver 2 would go long an 18% position, remember this system
scales in
- SPY RSI 2 would go long an 18% position for the 1st entry,
remember this system scales in
Posted by shinings on 25th of Mar 2015 at 01:50 pm
The SPY Ver 2 and RSI 2 systems are scale-in systems so it will
never buy 100% on the first entry.
Matt - your post says "
SPY Pro system would take a long position at the close". My
understanding is that if one were to follow the system, only 40%
goes long at the close today. Can you confirm?
1. Some choose to only follow the SPY Pro system, that system
only has one entry, it does not scale in, so if one was following
the SPY Pro system by itself, yes it would be 100% allocation
2. The combined systems are 40%, 30%, 30%. Then out of
100% allocation, one would take 40% for the SPY Pro entry and the
first entries for SPY RSI 2 and Ver 2, which would work out to 18%
each, so collectively 40% plus 18% plus 18% = 76%.
Also - I have some better numbers now: For the SPY Pro and
Ver 2, looks like price needs to close below 207.13, however that
may change some as indicators can change the last hr, however it at
least gives us a reference point.
SPY mechanical Systems trade notification preliminary
Posted by matt on 25th of Mar 2015 at 01:13 pm
FYI - this is an early notification to be on watch later today, and of course depending on how the market behaves in the afternoon I may not be able to confirm the signals until the close if the signal is on the edge, though I will do my best to confirm before, though remember SPY is the most liquid ETF on Earh for after hrs trading and our Ditto Service has no problems entering after hrs.
So if confirmed today here's the signals:
- SPY Pro system would take a long position at the close
If you are trading the Combined SPY systems which includes a combination of 40% of SPY Pro, 30% of SPY Ver 2, and 30% of SPY RSI 2, the breakdown would be as follows based on a 100% allocation: see table below
SPY Pro SPY Ver 2 SPY RSI 2
1st Entry 40% 18% 18%
2nd Entry N/A 12% 12%
- SPY Pro system would go long 40% of the allocation at the close
- SPY Ver 2 would go long an 18% position, remember this system scales in
- SPY RSI 2 would go long an 18% position for the 1st entry, remember this system scales in
man ugly day, anyway looks
Posted by matt on 25th of Mar 2015 at 03:43 pm
man ugly day, anyway looks like the systems are going long as per the earlier notification at the close.
DVY system remains in cash
Got in....205.75.....we will see
Posted by hawkinslf on 25th of Mar 2015 at 03:57 pm
Got in....205.75.....we will see
Thanks Matt...that's what I thought...we'll
Posted by paulie765 on 25th of Mar 2015 at 03:46 pm
Thanks Matt...that's what I thought...we'll give it a go...can't take it with you...
SPY
Posted by paulie765 on 25th of Mar 2015 at 03:36 pm
How's that 207.13 looking? Still good?
No filters to prevent SPY trade?
Posted by tsurplus on 25th of Mar 2015 at 03:40 pm
No last minute filters to prevent trade I hope!
Matt, Thanks for the early heads
Posted by jdeen on 25th of Mar 2015 at 01:23 pm
Matt,
Thanks for the early heads up.
Joe
am i reading this correctly.
Posted by jdaswani on 25th of Mar 2015 at 01:23 pm
am i reading this correctly. All 3 systems would buy at close tonight, potentially, for 100% allocation?
The SPY Ver 2 and
Posted by shinings on 25th of Mar 2015 at 01:50 pm
The SPY Ver 2 and RSI 2 systems are scale-in systems so it will never buy 100% on the first entry.
Matt - your post says " SPY Pro system would take a long position at the close". My understanding is that if one were to follow the system, only 40% goes long at the close today. Can you confirm?
guys read carefully: 1. Some
Posted by matt on 25th of Mar 2015 at 02:32 pm
guys read carefully:
1. Some choose to only follow the SPY Pro system, that system only has one entry, it does not scale in, so if one was following the SPY Pro system by itself, yes it would be 100% allocation
2. The combined systems are 40%, 30%, 30%. Then out of 100% allocation, one would take 40% for the SPY Pro entry and the first entries for SPY RSI 2 and Ver 2, which would work out to 18% each, so collectively 40% plus 18% plus 18% = 76%.
Thank you for the clarification
Posted by shinings on 25th of Mar 2015 at 02:44 pm
Thank you for the clarification Matt.
Also - I have some
Posted by matt on 25th of Mar 2015 at 02:34 pm
Also - I have some better numbers now: For the SPY Pro and Ver 2, looks like price needs to close below 207.13, however that may change some as indicators can change the last hr, however it at least gives us a reference point.
Matt, Is the $207.13 close still
Posted by hawkinslf on 25th of Mar 2015 at 03:42 pm
Matt,
Is the $207.13 close still a reference point?