On that particular setup it will close out on a close back below
the 10 SMA, but yes 9 EMA good good guide.
again guys one comment I want to respond to from this morning,
someone said I discontinued the system because it was shorting the
whole time on the rally, that's not entirely true. Yes the
trade I sent out was short but the 'breakout sub system is still
long from Jan 18th and 19th. Why didn't I sent that one out as as
long? The main reason for discontinuing the system (for now)
was that I have to decide on the FINAL version of all the systems
and stick to those, the problem I was doing was having multiple
versions, which lead to confusion on my part as far as trying to
send signals, opened the door to me picking and choosing at times
i.e. that's just no way to run a system and I can't subject you
guys to that. So until I decide the true and final version, I have
to leave it off the table. So what has to be decided is the
final sub systems for longs and shorts that I'm going with.
Once I do that, I bring it back. I'll do an extensive video
on that of course when I do.
the reason for posting the exhaustion setup was more for
statistical purposes, it's a rare condition and may be a reason to
be a bit cautious now up at these levels on longs.
On that particular setup it
SPY Exhaustion Trade Stats
Posted by matt on 13th of Feb 2019 at 06:04 pm
On that particular setup it will close out on a close back below the 10 SMA, but yes 9 EMA good good guide.
again guys one comment I want to respond to from this morning, someone said I discontinued the system because it was shorting the whole time on the rally, that's not entirely true. Yes the trade I sent out was short but the 'breakout sub system is still long from Jan 18th and 19th. Why didn't I sent that one out as as long? The main reason for discontinuing the system (for now) was that I have to decide on the FINAL version of all the systems and stick to those, the problem I was doing was having multiple versions, which lead to confusion on my part as far as trying to send signals, opened the door to me picking and choosing at times i.e. that's just no way to run a system and I can't subject you guys to that. So until I decide the true and final version, I have to leave it off the table. So what has to be decided is the final sub systems for longs and shorts that I'm going with. Once I do that, I bring it back. I'll do an extensive video on that of course when I do.
the reason for posting the exhaustion setup was more for statistical purposes, it's a rare condition and may be a reason to be a bit cautious now up at these levels on longs.
Were last nights' statistics from
Posted by jtsurfah on 13th of Feb 2019 at 07:28 pm
Were last nights' statistics from Back-testing or Actual Trade Data?