yes on these trend days you can get tons of pullback long
setups, I could post them all day long, but you really need to have
your charts setup and in front of you to catch those, not worth it
for me to try and post real time, I've posted a ton of those over
the last couple months as examples. In the end you guys need
to decide something that fits your style and go with it.
here's an example today using a 5 min ES chart.
1. The BR Squeeze example where it nears zero.
2. I do quick longs when the 60 Stochastic tests 80%
I'm showing a 5 min chart, but I look at 1, 3, 5, 10 min etc,
when the trades setup I do them, on whatever time frame they
occur.
In strong moves these pullback trend trades occur all day
long
depends on your time frame and objective, where you entered etc.
No one answer man.
One could say keep a very wide stop on a core position and just
sell 1/2 or 2/3, thus keeping the core, see the weekly chart, then
look to add positions back on next major sell off, not small
pullbacks like to the 9, but larger pullbacks like to the 20 MA or
200 MA or the broken trendline on the weekly
One could set a much tighter stop below the 9, however paying
attention to 60 min intra day time frames for a better exit.
again I can give options, but because I'm not you, I can't say,
well place a stop here, it's a personal thing depending on what you
are trying to do,
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SPX 2m
Posted by mla127 on 17th of Feb 2016 at 12:15 pm
Launching again ...
yes on these trend days
Posted by matt on 17th of Feb 2016 at 12:26 pm
yes on these trend days you can get tons of pullback long setups, I could post them all day long, but you really need to have your charts setup and in front of you to catch those, not worth it for me to try and post real time, I've posted a ton of those over the last couple months as examples. In the end you guys need to decide something that fits your style and go with it.
here's an example today using a 5 min ES chart.
1. The BR Squeeze example where it nears zero.
2. I do quick longs when the 60 Stochastic tests 80%
I'm showing a 5 min chart, but I look at 1, 3, 5, 10 min etc, when the trades setup I do them, on whatever time frame they occur.
In strong moves these pullback trend trades occur all day long
matt where would you put
Posted by a12404 on 17th of Feb 2016 at 12:30 pm
matt where would you put a stop on AG at this point it might be a double top
thoughts
thanks
ted
Any chance Spy Pro System do a short today?
Posted by laouuu on 17th of Feb 2016 at 02:15 pm
depends on your time frame
Posted by matt on 17th of Feb 2016 at 12:38 pm
depends on your time frame and objective, where you entered etc. No one answer man.
One could say keep a very wide stop on a core position and just sell 1/2 or 2/3, thus keeping the core, see the weekly chart, then look to add positions back on next major sell off, not small pullbacks like to the 9, but larger pullbacks like to the 20 MA or 200 MA or the broken trendline on the weekly
One could set a much tighter stop below the 9, however paying attention to 60 min intra day time frames for a better exit.
again I can give options, but because I'm not you, I can't say, well place a stop here, it's a personal thing depending on what you are trying to do,