I believe Matt mentioned last week that the open ES Bear Long
trade entered on 7/13 is going to exit when the momo indicator
turns back red. Therefore, it's going to need a down day or a
flattening out for several days in order to trigger an official
exit would be my understanding.
Bear Long close out today
Posted by dragonfly28 on 19th of Jul 2022 at 03:08 pm
Bear Long close out today ? or holding on to 4020?
I believe Matt mentioned last
Posted by craigm on 19th of Jul 2022 at 03:22 pm
I believe Matt mentioned last week that the open ES Bear Long trade entered on 7/13 is going to exit when the momo indicator turns back red. Therefore, it's going to need a down day or a flattening out for several days in order to trigger an official exit would be my understanding.
yes that's correct - it's
Posted by matt on 19th of Jul 2022 at 03:31 pm
yes that's correct - it's staying long by the momo indicator
I thought Matt closed out
Posted by skitexas67 on 19th of Jul 2022 at 03:11 pm
I thought Matt closed out the "optional" Bear Long yesterday?
nope -that was the RSI
Posted by matt on 19th of Jul 2022 at 03:22 pm
nope -that was the RSI 40 trade that closes out.
ES bear long still active - a post about it yesterday
also always verify from the systems trade section, here's ES trades you can see that's still active
https://breakpointtrades.com/new_spy/#ES
Sorry! Yes, I see that
Posted by skitexas67 on 19th of Jul 2022 at 03:30 pm
Sorry! Yes, I see that that trade is till open. Again, "BIG Thanks" Matt for posting these trades!