I feel like the spy

    SPY Exhaustion Trade Stats

    Posted by icejodah on 13th of Feb 2019 at 09:05 am

    I feel like the spy system would have caught the big spy moves these last couple of weeks.

    yes I'd say 9 times

    Posted by matt on 13th of Feb 2019 at 09:25 am

    yes I'd say 9 times out of 10 the bear long trade that went long in late Dec would have stayed long and caught this whole uptrend!  Many times those bear long trades last 1 - 2 1/2 months!  The issue was that little pullback in Jan that caused the system to go flat, had the market chopped there for a couple days the system would have held this whole time by this momentum indicator you see here on the chart.  It's bad luck really that it happened that way, really bothers me.  It's like 9 times out of 10 this would have happened and we get the rare time it doesn't.  been frustrating 

    anyway here's a couple past trades of the Bear Long - what caused it to stay long was the momentum indicator went green and held the trade.  As you can see this time around the momentum indicator went red in early Jan, thus causing the trade to go flat, but right after the trade when flat the momentum indicator went green and stayed - had that momentum indicator not turned red for a couple days there the system would have held.  Again bad luck on that

    again market going to open so back to trading not discussing this intra day focusing on trading

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