of course, I prefer not to discuss intra day too much, unless
the market recovers 80% of today's declines the systems have that
an entry already will take a 2nd. no reason to discuss any further
at this point intra day. Of course the Trend system which I
said has the highest draw down potential of all the systems showing
itself today. On the Trend system I have considered only
allowing 2nd entries as that would solve the draw down potential
but also removes a lot of good trades, it's give and take.
on a side note as far as individual sub systems the QE BTS
system is going to take a 1st entry today, and the Bull Exhaust is
also looking at first entry. The bull exhaust in particular is hard
to trigger. At this time I don't send orders out for all the 19
systems separately, which is why I have 9 of the long systems on
one chart, and 8 short systems on another. I've talked about just
sending out very signal to every sub system, but it would add a lot
more trades obviously, which is something I'm not sure people want
or not. you could have times 3 - 5 sub systems all overlapping with
multiple entries. For me personally I like the idea, I just do each
one, but for others here it may be too much which is why haven't
went that route
so basically today the Trend and Trap would take 2nd entries.
Sub systems that would be taking 1st entries are QE BTS, and
possibly the Bull Exhaust (however since these two are covered up
in the long long chart that already has a long, they won't show up,
however I'm letting you know about them from a data perspective.
also another system that could be soon taking an entry would be the
CCI system, if the market probes further low, it's not currently
showing a trigger yet. Trend, Trap, QE BTS, and Bull Exhaust 2. If
the CCI triggered that would be a 5th sub system.
Any chance of a SPY
Posted by cozz101 on 5th of Aug 2019 at 12:51 pm
Any chance of a SPY system signal today?
of course, I prefer not
Posted by matt on 5th of Aug 2019 at 01:26 pm
of course, I prefer not to discuss intra day too much, unless the market recovers 80% of today's declines the systems have that an entry already will take a 2nd. no reason to discuss any further at this point intra day. Of course the Trend system which I said has the highest draw down potential of all the systems showing itself today. On the Trend system I have considered only allowing 2nd entries as that would solve the draw down potential but also removes a lot of good trades, it's give and take.
on a side note as far as individual sub systems the QE BTS system is going to take a 1st entry today, and the Bull Exhaust is also looking at first entry. The bull exhaust in particular is hard to trigger. At this time I don't send orders out for all the 19 systems separately, which is why I have 9 of the long systems on one chart, and 8 short systems on another. I've talked about just sending out very signal to every sub system, but it would add a lot more trades obviously, which is something I'm not sure people want or not. you could have times 3 - 5 sub systems all overlapping with multiple entries. For me personally I like the idea, I just do each one, but for others here it may be too much which is why haven't went that route
so basically today the Trend and Trap would take 2nd entries. Sub systems that would be taking 1st entries are QE BTS, and possibly the Bull Exhaust (however since these two are covered up in the long long chart that already has a long, they won't show up, however I'm letting you know about them from a data perspective. also another system that could be soon taking an entry would be the CCI system, if the market probes further low, it's not currently showing a trigger yet. Trend, Trap, QE BTS, and Bull Exhaust 2. If the CCI triggered that would be a 5th sub system.
Thanks, this helps!
Posted by cozz101 on 5th of Aug 2019 at 01:48 pm
Thanks, this helps!
is "Bull Exhaust" long or
Posted by Orangeman on 5th of Aug 2019 at 01:33 pm
is "Bull Exhaust" long or short the mkt?
Bull Exhaust would be long
Posted by dakotadj on 5th of Aug 2019 at 01:40 pm
Bull Exhaust would be long