the CCI system going long on Tuesday was a rare event, that
system has a 575 profit factor meaning for every dollar it lost, it
made 575.
one system will remain long out of the 4 SPY systems (counting
the Trend/Pullback was 2 systems since we follow both
versions)
also the MA ribbons on the 60 min and 120 min time frames were
super wide on the downside - kind of like that monthly SPX ribbon -
whenever you see that price generally runs farther than you think
in order to work that off, from my observation of past events
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That buy signal yesterday gave
Kudos to the Machines!!! Algos putting on the best short ...
Posted by steve on 23rd of Sep 2021 at 02:10 pm
That buy signal yesterday gave a nice push
the CCI system going long
Posted by matt on 23rd of Sep 2021 at 02:18 pm
the CCI system going long on Tuesday was a rare event, that system has a 575 profit factor meaning for every dollar it lost, it made 575.
one system will remain long out of the 4 SPY systems (counting the Trend/Pullback was 2 systems since we follow both versions)
also the MA ribbons on the 60 min and 120 min time frames were super wide on the downside - kind of like that monthly SPX ribbon - whenever you see that price generally runs farther than you think in order to work that off, from my observation of past events