again yesterday's QE MOMO DOES NOT hold trades it's in and out -
so when you ask about sustainable, it's not looking to hold that
trade for more than a simple reversion to mean bounce like over the
8 day EMA or soemthing
Posted by mitchell on 19th of Aug 2021 at 12:34 pm
Got it - Thanks. I appreciate these educational items. Has
helped me evolve trading style and plan over time to become a more
consistent, profitable trader/investor...always learning something
new.
it's not exiting yet, but doesn't need much, I think it needs a
close over the 8 EMA
also looks like the Trend/Pullback system will be taking a 1st
entry despite the bounce off the lows. Clearly probably would
have been a good idea for me to send out an entry long on
yesterday's system trade this morning on the gap down - but had too
much going on - however I know a few of you went long on the open
gap so you are now up
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@Matt - When you have
Posted by mitchell on 19th of Aug 2021 at 11:57 am
@Matt - When you have time here could you give an update on SPY system exit conditions...Is this move sustainable?
again yesterday's QE MOMO DOES
Posted by matt on 19th of Aug 2021 at 12:20 pm
again yesterday's QE MOMO DOES NOT hold trades it's in and out - so when you ask about sustainable, it's not looking to hold that trade for more than a simple reversion to mean bounce like over the 8 day EMA or soemthing
Got it - Thanks. I
Posted by mitchell on 19th of Aug 2021 at 12:34 pm
Got it - Thanks. I appreciate these educational items. Has helped me evolve trading style and plan over time to become a more consistent, profitable trader/investor...always learning something new.
it's not exiting yet, but
Posted by matt on 19th of Aug 2021 at 12:17 pm
it's not exiting yet, but doesn't need much, I think it needs a close over the 8 EMA
also looks like the Trend/Pullback system will be taking a 1st entry despite the bounce off the lows. Clearly probably would have been a good idea for me to send out an entry long on yesterday's system trade this morning on the gap down - but had too much going on - however I know a few of you went long on the open gap so you are now up