So not that we want any more shorts, the QE BTS is still in that
short trade. Remember it got held by that momentum indicator, which
is still red for now. I discussed possibly closing 1/2 when price
closed below the 8 SMA, guess I should done that. It will stop out
when that indicator goes green
anyway the sub system Hi,Mid Low short sub system is going to
take a 1st entry at the close. That said since I have all the
shorts systems in one chart there won't be an official trade for
the website, since it's already in a trade. However I figured I
would post this anyway. The stats are good, PF of 331, 97.78%
winning trades, and last time it caught a small winning trade as
you can see from this image. The image shows the QE BTS on the left
which is still in that short trade, and the Hi,Mid,Low sub system
on the right which will take a short today 1st entry (you can see
it had a nice trade last time which closed out last Monday.
ALSO the original open Long/Trend trade - that is closing
out today finally.
No - my email states that it was not meant as an official trade
for the website but I posted here as information - again go read my
post I discussed this
good point cozz - I also didn't think anyone was in a trade
based on that along longer and we were just tracking but will not
be using that version in the future. well then I'll just send out
today. One could also stay long with a stop at yesterday's
close or the morning lows. or just exit.
Yes, I knew you had stated the options would be pretty worthless
at one point and that you were revising the system but I
still thought you were maintaining this trade. Personally, I had
sold any options I had on a quick rebound and limited losses back
then but I held some etf's and have been trading around them. I had
actually averaged down and now have mostly gains on the trade. I
realize though some people would want to feel that they can just
watch email for any trades and have that security.
Interestingly, the trend trade at least held long enough to
remedy catastrophic losses. Thank you for sending out the email
today and I'm sure you are relieved that trade is over.
SPY Hi Mid Low short signal on the sub systems and follow up on others
Posted by matt on 27th of Apr 2020 at 03:32 pm
So not that we want any more shorts, the QE BTS is still in that short trade. Remember it got held by that momentum indicator, which is still red for now. I discussed possibly closing 1/2 when price closed below the 8 SMA, guess I should done that. It will stop out when that indicator goes green
anyway the sub system Hi,Mid Low short sub system is going to take a 1st entry at the close. That said since I have all the shorts systems in one chart there won't be an official trade for the website, since it's already in a trade. However I figured I would post this anyway. The stats are good, PF of 331, 97.78% winning trades, and last time it caught a small winning trade as you can see from this image. The image shows the QE BTS on the left which is still in that short trade, and the Hi,Mid,Low sub system on the right which will take a short today 1st entry (you can see it had a nice trade last time which closed out last Monday.
ALSO the original open Long/Trend trade - that is closing out today finally.
I just saw this on
Posted by cozz101 on 27th of Apr 2020 at 07:48 pm
I just saw this on the blog, did you send out an email for the Trend trade close?
No - my email states
Posted by matt on 27th of Apr 2020 at 07:51 pm
No - my email states that it was not meant as an official trade for the website but I posted here as information - again go read my post I discussed this
But trend - Long SPY-
Posted by retirefire on 27th of Apr 2020 at 09:48 pm
But trend - Long SPY- was officially closed.
Yes I just have not
Posted by matt on 27th of Apr 2020 at 10:53 pm
Yes I just have not had time to update that page yet, had some issues tonight on the backend. I will be doing so tomorrow
I'm just confused why you
Posted by cozz101 on 27th of Apr 2020 at 10:57 pm
I'm just confused why you didn't send the signal for the Long Trend trade to close out on email as you usually do.
good point cozz - I
Posted by matt on 28th of Apr 2020 at 09:43 am
good point cozz - I also didn't think anyone was in a trade based on that along longer and we were just tracking but will not be using that version in the future. well then I'll just send out today. One could also stay long with a stop at yesterday's close or the morning lows. or just exit.
Yes, I knew you had
Posted by cozz101 on 28th of Apr 2020 at 11:26 am
Yes, I knew you had stated the options would be pretty worthless at one point and that you were revising the system but I still thought you were maintaining this trade. Personally, I had sold any options I had on a quick rebound and limited losses back then but I held some etf's and have been trading around them. I had actually averaged down and now have mostly gains on the trade. I realize though some people would want to feel that they can just watch email for any trades and have that security. Interestingly, the trend trade at least held long enough to remedy catastrophic losses. Thank you for sending out the email today and I'm sure you are relieved that trade is over.
the options were worth anywhere
Posted by matt on 28th of Apr 2020 at 12:35 pm
the options were worth anywhere from 1 - 2.5 basically when I checked earlier
Matt thank you for the
Posted by johnpaw1 on 27th of Apr 2020 at 08:13 pm
Matt thank you for the update .I like to hear what is going on .keep up the good work
This is what your post
Posted by cozz101 on 27th of Apr 2020 at 07:54 pm
This is what your post says? Am I reading it wrong?
ALSO the original open Long/Trend trade - that is closing out today finally.