Quick update, the attached chart shows the Long Sub Systems.
Two sub systems went long on the same day last week:
- The Strong Trend Shallow Pullback went long last week on
9/25
- The Trend sub system went long last week on 9/27
The Strong Trend Shallow Pullback is most likely going to cash
today, and since that was the first system that went long, the
combined system chart will also go to cash. The Trend sub system
will continue to stay long and is not at all close to
exiting.
Guys some thoughts I've had. Honestly I still like the
idea of just dropping the chart with all the systems on it, and
trading each individual sub system - so basically instead of
calling it the SPY Pro system, call it the 23 SPY systems. I
have some ideas how one might do this but will discuss another
time.
SPY Pro system update
Posted by matt on 1st of Oct 2018 at 11:58 am
Quick update, the attached chart shows the Long Sub Systems. Two sub systems went long on the same day last week:
- The Strong Trend Shallow Pullback went long last week on 9/25
- The Trend sub system went long last week on 9/27
The Strong Trend Shallow Pullback is most likely going to cash today, and since that was the first system that went long, the combined system chart will also go to cash. The Trend sub system will continue to stay long and is not at all close to exiting.
Guys some thoughts I've had. Honestly I still like the idea of just dropping the chart with all the systems on it, and trading each individual sub system - so basically instead of calling it the SPY Pro system, call it the 23 SPY systems. I have some ideas how one might do this but will discuss another time.
system not closing out because
Posted by matt on 1st of Oct 2018 at 03:53 pm
system not closing out because of the depth of the pullback off the highs
Matt, is the STrap subsystem
Posted by pebs on 1st of Oct 2018 at 12:34 pm
Matt, is the STrap subsystem still short as well?