someone asked yesterday - if you look on the blog I said
normally the system would have sold yesterday, but it had decided
to hold this time. I mentioned that the system trade was
profitable yesterday and folks who were nervous could consider
selling 1/2. The system will sell when the momo indicator
turns red. The main long trade type for the system would have sold
yesterday, there's two different momo indicators, the main one is
red, this one was green yesterday so held.
the Improved SPY system has a lot more trade types, but it's
something I haven't been able to complete yet. Once I do that
whole systems section will be revised into a better format
Posted by sbaxman111 on 11th of May 2016 at 12:16 pm
Easy to follow in the mechanical systems section - First
piece went Long on 4-28...Second piece Long on 4-29. Currently
still 100% Long - likely as a result of the internal momentum
indicator that was in a "green" (Long) condition yesterday when the
normal SMA-8 exit line was crossed.
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Spy Pro
Posted by nabanco98 on 11th of May 2016 at 11:53 am
Matt, would you mind giving an update on the Pro system current position. Thanks
someone asked yesterday - if
Posted by matt on 11th of May 2016 at 01:04 pm
someone asked yesterday - if you look on the blog I said normally the system would have sold yesterday, but it had decided to hold this time. I mentioned that the system trade was profitable yesterday and folks who were nervous could consider selling 1/2. The system will sell when the momo indicator turns red. The main long trade type for the system would have sold yesterday, there's two different momo indicators, the main one is red, this one was green yesterday so held.
the Improved SPY system has a lot more trade types, but it's something I haven't been able to complete yet. Once I do that whole systems section will be revised into a better format
Thanks
Posted by nabanco98 on 11th of May 2016 at 01:35 pm
Thanks
Spy Pro
Posted by sbaxman111 on 11th of May 2016 at 12:16 pm
Easy to follow in the mechanical systems section - First piece went Long on 4-28...Second piece Long on 4-29. Currently still 100% Long - likely as a result of the internal momentum indicator that was in a "green" (Long) condition yesterday when the normal SMA-8 exit line was crossed.