yeah the option I guess

    SPY system could go back long today

    Posted by matt on 23rd of May 2019 at 03:17 pm

    yeah the option I guess would be if the trade looked like it was going to turn into one of those trending ones, exit the option and immediately enter a new one.  I will know if that condition occurs, it generally occurs when the trade is held long enough via the momentum indicator that a 34 Stochastic hold condition kicks in over 80% and then holds the trade until the 34 Stochastic falls below 80%. Anyway for something like that to kick in the market would need to bottom while in the trade and held and of course held long enough for the 34 Stochastic to get over 80% (would need quite a rally), I'll know when that is occurring so that we can act on it if we need to

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