stopped out intra day, yes normally it doesn't do that, it's
very rare, I'll discuss later on when I can make a video, it's a
rare stop called 'bail' that was actually created back in 2012,
it's only hit a couple times in the past, it's very rare and my
trade indicator that alerts me when the system is going to exit
wasn't coded into. Anyway sucks but its what it is.
anyway the market really needed to follow through on yesterday's
gains and get over the 9 EMA, not it looks more like a bear flag in
that wave C still.
honestly let the market dump hard now, if new lows are made
other sub systems that are much higher probability would trigger
such as the Bull Exhaustion, or RSI oversold, those sub systems for
both the SPY and ES have 100% winning trades with very little draw
down and a rarely 2nd entries. The ES system has been
in cash this whole time, one of those sub system for ES would
likely trigger as well as the settings for both ES and SPY for bull
exhaustion and RSI oversold are the same basically across both
systems
stopped out intra day, yes
Posted by matt on 27th of Mar 2018 at 03:45 pm
stopped out intra day, yes normally it doesn't do that, it's very rare, I'll discuss later on when I can make a video, it's a rare stop called 'bail' that was actually created back in 2012, it's only hit a couple times in the past, it's very rare and my trade indicator that alerts me when the system is going to exit wasn't coded into. Anyway sucks but its what it is.
anyway the market really needed to follow through on yesterday's gains and get over the 9 EMA, not it looks more like a bear flag in that wave C still.
honestly let the market dump hard now, if new lows are made other sub systems that are much higher probability would trigger such as the Bull Exhaustion, or RSI oversold, those sub systems for both the SPY and ES have 100% winning trades with very little draw down and a rarely 2nd entries. The ES system has been in cash this whole time, one of those sub system for ES would likely trigger as well as the settings for both ES and SPY for bull exhaustion and RSI oversold are the same basically across both systems
Thanks for the email alert
Posted by rojoch on 27th of Mar 2018 at 05:05 pm
Thanks for the email alert Matt!
.../john