Good afternoon everyone. First off the Bear long systems are
still looking to take that additional entry
However for the ES systems, they entered a awesome short trade
on Friday at 3916, currently ES is 3826 so we have a greater than
90 point gain on this short!
The system that went short has met its minimum reversion to mean
target (which was a close below the 5 SMA), however the system is
going to continue holding. However because the system has met its
minimum target I'm going to close out 1/2 of the trade now and keep
the rest until the system officially closes out. If you only
shorted 1 ES or MES contract you can't divide that, but if you
shorted more than 1 contract or instead you bought inverse ETF's
then you can consider closing 1/2 of those shares. You
can also just choose to wait for the system to officially close
out, your choice
I'm sending out an alert - taking 1/2 of ES short off - book em Danno alert
Posted by matt on 28th of Jun 2022 at 03:55 pm
Good afternoon everyone. First off the Bear long systems are still looking to take that additional entry
However for the ES systems, they entered a awesome short trade on Friday at 3916, currently ES is 3826 so we have a greater than 90 point gain on this short!
The system that went short has met its minimum reversion to mean target (which was a close below the 5 SMA), however the system is going to continue holding. However because the system has met its minimum target I'm going to close out 1/2 of the trade now and keep the rest until the system officially closes out. If you only shorted 1 ES or MES contract you can't divide that, but if you shorted more than 1 contract or instead you bought inverse ETF's then you can consider closing 1/2 of those shares. You can also just choose to wait for the system to officially close out, your choice
Will the SPY be taking
Posted by sbwoman on 28th of Jun 2022 at 04:05 pm
Will the SPY be taking the additional entry...........?
Luv it - Book em
Posted by steve on 28th of Jun 2022 at 03:56 pm
Luv it - Book em Dano