by the way, the Bull Exhaust 2 sub system did not go long, not
sure why it was showing that yesterday, it went away last night
after re-opening that workspace for all the 12 long sub systems.
Doesn't matter anyone the only one I sent officially was the
QE BTS 1st entry
Matt - What are the exit conditions for QE BTS? Does that sub
trigger at close or following day open? Want to keep an eye
out - hesitant to hold options over this weekend.
Thanks.
this one exits on next day's open vs at the close. However when
it does decide to exit I'll probably split the difference and exit
1/2 at the close of the day where it's decided to exit, then the
other 1/2 on the next morning.
mitchell - I replied to your question below, but I also wanted
to point out why that QE BTS system is no where close to exiting.
Just from a simple standpoint look how far SPY is still below
its 9 day EMA even after this bounce today. The market has
had a nice bounce today so far but even still it's barely made a
dent on the reverting back to the mean, that system is no where
close to exiting
here's the stats to those 2 sub systems, both decent. The Bull
Exhaust 2 not a lot of trades historically though, but plenty on QE
BTS stats back to 1995 for both
SPY QE BTS sub system taking a 1st entry: $10K SPY ETF and 1 Dec
17th SPY Call option with a strike price of 416.
for the options I don't like going out this far, I like going
out 2 months but there's nothing between Nov 19th and Dec 17 from
what I saw. One could look at the Nov 19th if the anted a cheaper
premium.
to give you some perspective, at this very moment the bounce off
the lows caused the signal to disappear -it basically tells you
that in order for the sub system to triggered price will need to be
near the lows of today
this image shows the 12 sub systems longs - the QE BTS is in the
middle left
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SPY systems early notification
Posted by matt on 30th of Sep 2021 at 12:35 pm
At the moment one of the SPY sub system are triggering a condition to go long, the QE BTS = just an early notification, what matters is the close
first image shows the SPY
Posted by matt on 30th of Sep 2021 at 04:11 pm
first image shows the SPY combo workspace where a lot of the longs are on one chart, you can see the QE BTS going long.
The second image shows all 12 of the Long sub systems. Two sub systems actually went long, the QE BTS, and also the Bull Exhaust 2
by the way, the Bull
Posted by matt on 1st of Oct 2021 at 09:53 am
by the way, the Bull Exhaust 2 sub system did not go long, not sure why it was showing that yesterday, it went away last night after re-opening that workspace for all the 12 long sub systems. Doesn't matter anyone the only one I sent officially was the QE BTS 1st entry
Matt - What are the
Posted by mitchell on 1st of Oct 2021 at 01:17 pm
Matt - What are the exit conditions for QE BTS? Does that sub trigger at close or following day open? Want to keep an eye out - hesitant to hold options over this weekend. Thanks.
this one exits on next
Posted by matt on 1st of Oct 2021 at 01:39 pm
this one exits on next day's open vs at the close. However when it does decide to exit I'll probably split the difference and exit 1/2 at the close of the day where it's decided to exit, then the other 1/2 on the next morning.
it's not anywhere close to exiting
mitchell - I replied to
Posted by matt on 1st of Oct 2021 at 01:52 pm
mitchell - I replied to your question below, but I also wanted to point out why that QE BTS system is no where close to exiting. Just from a simple standpoint look how far SPY is still below its 9 day EMA even after this bounce today. The market has had a nice bounce today so far but even still it's barely made a dent on the reverting back to the mean, that system is no where close to exiting
here's the stats to those
Posted by matt on 30th of Sep 2021 at 04:15 pm
here's the stats to those 2 sub systems, both decent. The Bull Exhaust 2 not a lot of trades historically though, but plenty on QE BTS stats back to 1995 for both
I don't see the stats
Posted by cozz101 on 30th of Sep 2021 at 04:24 pm
I don't see the stats here but can access them under the systems tab. Thanks!
cozz - there are right
Posted by matt on 30th of Sep 2021 at 04:26 pm
cozz - there are right there 2 posts below yours. manually refresh the page
SPY QE BTS sub system
Posted by matt on 30th of Sep 2021 at 03:59 pm
SPY QE BTS sub system taking a 1st entry: $10K SPY ETF and 1 Dec 17th SPY Call option with a strike price of 416.
for the options I don't like going out this far, I like going out 2 months but there's nothing between Nov 19th and Dec 17 from what I saw. One could look at the Nov 19th if the anted a cheaper premium.
SPY QE BTS conditions back
Posted by matt on 30th of Sep 2021 at 03:47 pm
SPY QE BTS conditions back on with that pullback
to give you some perspective,
Posted by matt on 30th of Sep 2021 at 01:27 pm
to give you some perspective, at this very moment the bounce off the lows caused the signal to disappear -it basically tells you that in order for the sub system to triggered price will need to be near the lows of today
this image shows the 12 sub systems longs - the QE BTS is in the middle left