Matt, I thought that I understood the logic of your BPT MA
indicator. It was supposed to turn green on a successful retest of
the 40% level, as you indicated, and it did. Now it turned red
again AOD, and I am puzzled why.
yes - looks like it's due to the doji and follow up candle today
which created a morning start as well as the RSI 14 basically
reversing from the 40% level after barely dipping below it
funny, I had created an SH, -1X ETF for SPY a couple weeks ago
possibly as a hedge to the SPY, anyway it went short on Monday.
I'm not ready to post these things as trades in real time,
just showing because I thought it was quite funny to glance and see
that
Is BPT MA deluxe still red?
Posted by junkie on 10th of Jun 2015 at 02:51 pm
Is BPT MA deluxe still red? The 50% level on stochastics proved once again to be a good low risk buy point.
The BPT MA is currently
Posted by steve on 10th of Jun 2015 at 03:13 pm
The BPT MA is currently green.
Matt, I thought that I
Posted by junkie on 10th of Jun 2015 at 10:38 pm
Matt, I thought that I understood the logic of your BPT MA indicator. It was supposed to turn green on a successful retest of the 40% level, as you indicated, and it did. Now it turned red again AOD, and I am puzzled why.
yes - looks like it's
Posted by matt on 10th of Jun 2015 at 03:20 pm
yes - looks like it's due to the doji and follow up candle today which created a morning start as well as the RSI 14 basically reversing from the 40% level after barely dipping below it
funny, I had created an
Posted by matt on 10th of Jun 2015 at 03:24 pm
funny, I had created an SH, -1X ETF for SPY a couple weeks ago possibly as a hedge to the SPY, anyway it went short on Monday. I'm not ready to post these things as trades in real time, just showing because I thought it was quite funny to glance and see that
There is more than today
Posted by junkie on 10th of Jun 2015 at 04:02 pm
There is more than today to this bounce then from a very oversold condition. Thanks!