FYI the SPY Pro and Ver 2 systems make take a short at the
close. I will confirm this about 3 min after the close here
on the blog, why 3 min? Because that's when the SPY daily candle on
TS finally sets on a value (
I will confirm the trade here on the blog vs sending an
email so you can check back here to confirm).
Remember the SPY Ver 2 system scales in 2 parts, 60% and 40%,
so this entry would be 60% for the SPY Ver 2. SPY Pro is
100%. And the SP RSI 2 system will remain flat. If
trading all 3 systems, the position would be 58%, see
below.
Clearly given the tight coil triangle patterns on the SPX and
the FOMC on Thursday, this trade poses extra risk because of the
news. I'm simply reporting the system trades, do what you
feel is right.
SPY Pro and Ver 2 systems may short at the close
Posted by matt on 15th of Sep 2015 at 03:19 pm
No Trade, systems remain flat
----
FYI the SPY Pro and Ver 2 systems make take a short at the close. I will confirm this about 3 min after the close here on the blog, why 3 min? Because that's when the SPY daily candle on TS finally sets on a value ( I will confirm the trade here on the blog vs sending an email so you can check back here to confirm). Remember the SPY Ver 2 system scales in 2 parts, 60% and 40%, so this entry would be 60% for the SPY Ver 2. SPY Pro is 100%. And the SP RSI 2 system will remain flat. If trading all 3 systems, the position would be 58%, see below.
Clearly given the tight coil triangle patterns on the SPX and the FOMC on Thursday, this trade poses extra risk because of the news. I'm simply reporting the system trades, do what you feel is right.
SPY Pro SPY Ver 2 SPY RSI 2
1st Entry 40% 18% 18%
2nd Entry N/A 12% 12%
Total = 58%
No Trade, systems remain flat
Posted by matt on 15th of Sep 2015 at 03:59 pm
No Trade, systems remain flat
AND?
Posted by bulf6285 on 15th of Sep 2015 at 03:59 pm