FYI regarding the AAPL system, if anyone is still long via the
breakout sub system, the hard stop has moved up to $184.93, the
trade entry for the breakout system was 183.83, so it's a positive
stop by $1.0.
As far as the SPY system breakout long trade, there is not a
positive hard stop yet because the trade is not up enough.
The current stop is quite wide still at $262.58, however that
should start to move up tigher day by day
Matt ... I'm confused. On May 10th "AAPL system" post you stated
"as you know the AAPL system exited last week. However the
breakout sub system went long last week as well. If anyone is
still holding some AAPL based on that sub system being long,
there's a hard stop now at 188.89, which is above entry and very
very tight as AAPL is trading currently about $190".
So, wouldn't the "breakout sub system" have already exited at
188.89?
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AAPL system hard stop, SPY system comments
Posted by matt on 16th of May 2018 at 11:33 am
FYI regarding the AAPL system, if anyone is still long via the breakout sub system, the hard stop has moved up to $184.93, the trade entry for the breakout system was 183.83, so it's a positive stop by $1.0.
As far as the SPY system breakout long trade, there is not a positive hard stop yet because the trade is not up enough. The current stop is quite wide still at $262.58, however that should start to move up tigher day by day
Matt ... I'm confused. On
Posted by mkwalsh on 16th of May 2018 at 01:07 pm
Matt ... I'm confused. On May 10th "AAPL system" post you stated "as you know the AAPL system exited last week. However the breakout sub system went long last week as well. If anyone is still holding some AAPL based on that sub system being long, there's a hard stop now at 188.89, which is above entry and very very tight as AAPL is trading currently about $190".
So, wouldn't the "breakout sub system" have already exited at 188.89?