Hello everyone, I posted an important update regarding the SPY
Pro system on the Trading Community as a sticky post.
On Fridaythe
official SPY Pro system went long via 3 sub systems which was
emailed to everyone: Trap, QE/LE 1,2, and the Strong Trend Shallow
Pullback. The Trend system was already long from last
Wednesday. Anyway today at the close the strong trend shallow
pullback sub system is going back to cash, while the QE/LE 1,2 and
Trap sub systems are going to exit
tomorrowmorning at the market open.
If you are simply following the main system then you would
simply exit your position
tomorrowmorning at the open. However if you are
following the sub systems individually you would exit the Strong
Trend Shallow Pullback today at the close, and the QE/LE 1,2 and
Trap systems
tomorrowmorning at the market open, and remain long the
Trend system - there were 4 sub systems long coming into today
essentially. I realize that it can get complicated via the
individual sub systems, however that's for advanced users, again if
you are simply following the combined simple system then you would
exit
tomorrowmorning at the close and go back to a cash position.
Otherwise it's been a nice quick profitable trade.
Hello everyone, I posted an
Posted by matt on 2nd of Jan 2018 at 04:43 pm
Hello everyone, I posted an important update regarding the SPY Pro system on the Trading Community as a sticky post. On Fridaythe official SPY Pro system went long via 3 sub systems which was emailed to everyone: Trap, QE/LE 1,2, and the Strong Trend Shallow Pullback. The Trend system was already long from last Wednesday. Anyway today at the close the strong trend shallow pullback sub system is going back to cash, while the QE/LE 1,2 and Trap sub systems are going to exit tomorrowmorning at the market open.
If you are simply following the main system then you would simply exit your position tomorrowmorning at the open. However if you are following the sub systems individually you would exit the Strong Trend Shallow Pullback today at the close, and the QE/LE 1,2 and Trap systems tomorrowmorning at the market open, and remain long the Trend system - there were 4 sub systems long coming into today essentially. I realize that it can get complicated via the individual sub systems, however that's for advanced users, again if you are simply following the combined simple system then you would exit tomorrowmorning at the close and go back to a cash position. Otherwise it's been a nice quick profitable trade.
Thanks for the detailed update.
Posted by jgoot on 3rd of Jan 2018 at 09:12 am
Thanks for the detailed update. Crystal clear!
Hey Matt. I think I’m
Posted by pbellistri on 2nd of Jan 2018 at 07:48 pm
Hey Matt. I think I’m confused, do you send out alerts for the trade or just post them? I seem to be missing out on these trades. Thanks. Trisha
I am a bit confused
Posted by hclaud_99 on 2nd of Jan 2018 at 09:36 pm
I am a bit confused too. Can you please send this alert in very brief way like Bought SPY, Sold SPY, etc. Thanks!