Posted by focus175 on 28th of Mar 2022 at 04:30 pm
Watcdy, each system long and short has their own set of
rules...meaning you can have a long system trade on and a short
system trade on at the same time...while it's rare it happens.
Also, if you'd go back and look at the names of the systems, there
is no short breakout system only long.
The SPY BREAKOUT is a long trade with the data from the SPY etf,
The ES STRAP is a short trade with the SP500 futures data.
Thus the reason for different trades also sometimes Matt has
a few minor differences with a SPY or ES settings. Matt did a
great You Tube video ( the link is found on 24 MAR 2:16Video
update) explaining some of this with the last trade and why
the SPY exited and the ES held. To see the stats on every sub
system at the top click on "SPY" then "system stats" then LONG and
then SHORT to see the stats on each system.
Matt, can you take some time and update the current status of
the SPY Systems? The SPY tab shows the SPY ETF with open
shorts, the SPY Option has open short trades, and and the MES shows
an open short trade. If I were to "guess", I would say,
before today, the only open SPY trade was a MES short. Now,
today, there was a last minute ETF trade (I think a long, but the
email did not designate a Call or Put). You have a lot of
subscribers (myself, included) are subscribers mainly for the SPY
system trades, and plow a lot more than your recommended amounts
into those trades. Thanks for trying to get this cleaned
up......
Ray - I updated that table last week - I don't know why it shows
old stuff now open SPY shorts etc. I'll have to ask the developer -
he did some updates over the weekend and maybe he refreshed and
caused an old page to replace that because it was update last early
last week - I added the table back that was there last week. I also
need to add the breakout - which if the market soon has that wave 2
or B pullback will likely be a looser, we'll see...
I was confused because there are stilll several. Short or short
hedges still in place so when the post hit I didn’t see buy
the call just a strike price and exp date
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Ok. Now I’m totally confused
Posted by watcdy on 28th of Mar 2022 at 04:27 pm
Ok. Now I’m totally confused the breakout triggered buy of the spy but the strap system is recommending a buy of a put I’m lost can someone explain
What happened to the old days it was so simple it was to get in or get out
Just guessing but I think
Posted by iaranger on 28th of Mar 2022 at 04:30 pm
Just guessing but I think both systems triggered simultaneously they are all different and have different things that set them off so it is possible
Watcdy, each system long and
Posted by focus175 on 28th of Mar 2022 at 04:30 pm
Watcdy, each system long and short has their own set of rules...meaning you can have a long system trade on and a short system trade on at the same time...while it's rare it happens. Also, if you'd go back and look at the names of the systems, there is no short breakout system only long.
Great. Thank you
Posted by watcdy on 28th of Mar 2022 at 04:31 pm
Great. Thank you
The SPY BREAKOUT is a
Posted by bk1976 on 28th of Mar 2022 at 04:39 pm
The SPY BREAKOUT is a long trade with the data from the SPY etf, The ES STRAP is a short trade with the SP500 futures data. Thus the reason for different trades also sometimes Matt has a few minor differences with a SPY or ES settings. Matt did a great You Tube video ( the link is found on 24 MAR 2:16Video update) explaining some of this with the last trade and why the SPY exited and the ES held. To see the stats on every sub system at the top click on "SPY" then "system stats" then LONG and then SHORT to see the stats on each system.
The ES breakout did not
Posted by matt on 28th of Mar 2022 at 05:19 pm
The ES breakout did not trigger
Matt, pls confirm: the long
Posted by te22 on 28th of Mar 2022 at 06:32 pm
Matt, pls confirm: the long trade email sent at 4:08pm did not trigger, per the 5:19pm post, and there is no system trade triggered, today, correct?
SPY breakout triggered, ES breakout
Posted by matt on 28th of Mar 2022 at 07:21 pm
SPY breakout triggered, ES breakout did not as stated below
yes I didn't mention call or put but also some common sense, the name breakout that's pretty obvious
Did the spy breakout trigger?
Posted by robo3 on 28th of Mar 2022 at 05:22 pm
Did the spy breakout trigger?
Matt, can you take some
Posted by Ray on 28th of Mar 2022 at 05:28 pm
Matt, can you take some time and update the current status of the SPY Systems? The SPY tab shows the SPY ETF with open shorts, the SPY Option has open short trades, and and the MES shows an open short trade. If I were to "guess", I would say, before today, the only open SPY trade was a MES short. Now, today, there was a last minute ETF trade (I think a long, but the email did not designate a Call or Put). You have a lot of subscribers (myself, included) are subscribers mainly for the SPY system trades, and plow a lot more than your recommended amounts into those trades. Thanks for trying to get this cleaned up......
Ray - I updated that
Posted by matt on 28th of Mar 2022 at 07:22 pm
Ray - I updated that table last week - I don't know why it shows old stuff now open SPY shorts etc. I'll have to ask the developer - he did some updates over the weekend and maybe he refreshed and caused an old page to replace that because it was update last early last week - I added the table back that was there last week. I also need to add the breakout - which if the market soon has that wave 2 or B pullback will likely be a looser, we'll see...
I was confused because there
Posted by watcdy on 28th of Mar 2022 at 04:45 pm
I was confused because there are stilll several. Short or short hedges still in place so when the post hit I didn’t see buy the call just a strike price and exp date