I don't know, this is the first one of these in real time I
think. also the past trades that higher entries tended to occur
after a larger rally when the trade was up more . I figured also
since this pullback is a bit deep for a 4th wave, why put in
additional risk and complexity. again do what fits you, the
nice thing about the bear long trades is that they are still nicely
profitable especially since we took off that option on Friday and
this trade will simply stop out if things unravel so the trade
doesn't carry much risk
The short on Friday's on ES was great. Again not everyone trades
MES or ES futures (futures are not for everyone) however you can
still trade the ES signals but with the ETF's instead of the
futures
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I don't know, this is
SPY and ES systems possible trade
Posted by matt on 28th of Jun 2022 at 02:56 pm
I don't know, this is the first one of these in real time I think. also the past trades that higher entries tended to occur after a larger rally when the trade was up more . I figured also since this pullback is a bit deep for a 4th wave, why put in additional risk and complexity. again do what fits you, the nice thing about the bear long trades is that they are still nicely profitable especially since we took off that option on Friday and this trade will simply stop out if things unravel so the trade doesn't carry much risk
Thanks Matt, appreciate hearing your
Posted by greggone on 28th of Jun 2022 at 03:06 pm
Thanks Matt, appreciate hearing your thinking on this.. and yes, this trade has been more than nicely profitable i'd say!
The short on Friday's on
Posted by matt on 28th of Jun 2022 at 03:18 pm
The short on Friday's on ES was great. Again not everyone trades MES or ES futures (futures are not for everyone) however you can still trade the ES signals but with the ETF's instead of the futures