well whatever happens we posted a lot of educational things
below from the MA ribbon stuff to symmetry and how intra day we
broke symmetry on the bullish side - which gave you an opportunity
to actually go long for a nice trade on the market after the
lows.
anyway volatile market and remember when the trend is strongly
up, you end to get things like this where the market doesn't go
down easily and recovers.
On a side note: SPY exhaustion trade most likely not exiting
now.
Also regarding the exhaustion short trade, these only look for a
'reset' reversion to mean pullback, basically just a quick shallow
pullback and NOT a major top and big trade. Because of that
fact in the future I may consider closing out 50% of the position
on future Exhaustion Short trades if the exit conditions are being
met intra day in order to reduce risk.
On another note the ES breakout system remains in a 50%
position, it exited 50% yesterday as I showed. Also at today's lows
the ES Trend MOMO long conditions were being met, but obviously not
now.
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well whatever happens we posted
Today will probably finish in the green ... ... ...
Posted by matt on 20th of Nov 2019 at 03:40 pm
well whatever happens we posted a lot of educational things below from the MA ribbon stuff to symmetry and how intra day we broke symmetry on the bullish side - which gave you an opportunity to actually go long for a nice trade on the market after the lows.
anyway volatile market and remember when the trend is strongly up, you end to get things like this where the market doesn't go down easily and recovers.
Volatile market? not for the
Posted by mla127 on 20th of Nov 2019 at 10:24 pm
Volatile market? not for the past 3 weeks at least ...
On a side note: SPY
Posted by matt on 20th of Nov 2019 at 03:46 pm
On a side note: SPY exhaustion trade most likely not exiting now.
Also regarding the exhaustion short trade, these only look for a 'reset' reversion to mean pullback, basically just a quick shallow pullback and NOT a major top and big trade. Because of that fact in the future I may consider closing out 50% of the position on future Exhaustion Short trades if the exit conditions are being met intra day in order to reduce risk.
On another note the ES breakout system remains in a 50% position, it exited 50% yesterday as I showed. Also at today's lows the ES Trend MOMO long conditions were being met, but obviously not now.