SPY Pro system going to cash

    Posted by matt on 27th of Oct 2016 at 02:59 pm

    Update: RSI 40 Trade closed out as did the Combined system, which is now in cash.  

    As far as the individual sub systems, the QE Long sub system took a 1st entry at 60% at the close.  Again to clarify the combined system is flat and in cash (should be obvious the combined system can't close a trade and enter another trade on the same bar), but for those following the individual sub systems, the QE Long sub system took a first entry.  You can view the stats in the SPY section for that trade type, QE Long.

    FYI early notification, it looks like the SPY Pro system is going to cash today.  I'll confirm after the close however that appears to be the case right now.  It's been a choppy market for some time now.

    So if the QE Long

    Posted by nabanco98 on 27th of Oct 2016 at 04:16 pm

    So if the QE Long sub system is long tomorrow, then the combined system would be long correct?  Even if the signal came today?

    if you are trading the

    Posted by matt on 27th of Oct 2016 at 06:41 pm

    if you are trading the individual systems you would have went long a first scale long today via the QE Trade today

    Matt, doesn't the SPY system

    Posted by shinings on 27th of Oct 2016 at 03:37 pm

    Matt, doesn't the SPY system always close the long the following day on the open?

    no, that's only 2 of

    Posted by matt on 27th of Oct 2016 at 03:53 pm

    no, that's only 2 of the 11 long trade types, Trap Long and QE Longs

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