However the SPY RSI 2 system also went short so the total
position is 76%
----
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. 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.
Remember we have the FOMC on Thursday thus this trade may pose
extra risk because of the news. I'm simply reporting the
system trades, do what you feel is right.
Posted by oakavekid on 16th of Sep 2015 at 04:44 pm
Matt, for the SPY RSI-2 system, to trigger shorting the
additional 40%, does the RSI-2 need to close below 10 again and the
price needs to close at least .72% above today's close?
Potential SPY system trades today
Posted by matt on 16th of Sep 2015 at 03:39 pm
Trade Confirmed:
However the SPY RSI 2 system also went short so the total position is 76%
----
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. 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.
Remember we have the FOMC on Thursday thus this trade may pose 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%
Matt, for the SPY RSI-2
Posted by oakavekid on 16th of Sep 2015 at 04:44 pm
Matt, for the SPY RSI-2 system, to trigger shorting the additional 40%, does the RSI-2 need to close below 10 again and the price needs to close at least .72% above today's close?
greater than 0.65% from today's
Posted by matt on 16th of Sep 2015 at 04:49 pm
greater than 0.65% from today's close on a closing basis
Got it....Thx
Posted by oakavekid on 16th of Sep 2015 at 04:51 pm
Got it....Thx
did it trigger?
Posted by mlorr on 16th of Sep 2015 at 04:24 pm
did it trigger?
Yes just click on the
Posted by matt on 16th of Sep 2015 at 04:24 pm
Yes just click on the top post, it's written inside the post
Fed decision
Posted by whs956 on 16th of Sep 2015 at 07:10 pm
If the fed decision causes a spike up we increase the short? what is the stop?