- ES Strap Short we care closing it out at the close - nice
winning trade as this system had 2 entries on the short side
- ES QE BTS Short system is not closing out, however we had
closed it out yesterday. If you did not close it out I would
suggest taking profits. I'll continue to track the
systemhowever
- SPY Hi Mid Lo short system is closing out - nice winner
- SPY QE BTS short: This system is not closing out, however
I'm selling 1/2 to lock in gains. On the option side of
things I'm exiting the 1st entry entirely, one contract from the
2nd entry, and one from the 3rd
no additional entries man on longs. down in here if our favored
scenario is going to play out with another move up in C, then
scaling in down in there probably somewhat objective, but question
is do we flush a bit lower first or not.
Posted by focus175 on 26th of Jul 2022 at 03:37 pm
Matt can the ES Breakout take a 3rd entry or would it just stop
out before doing that? I thought it normally takes 3rd entries but
you mentioned the other day depending on how far price falls it may
stop out soon...so just curious on the rules on that one. Hope you
feel better soon!
system wise here's what I'll probably send out
Posted by matt on 26th of Jul 2022 at 03:24 pm
FYI here's the system trades:
- ES Strap Short we care closing it out at the close - nice winning trade as this system had 2 entries on the short side
- ES QE BTS Short system is not closing out, however we had closed it out yesterday. If you did not close it out I would suggest taking profits. I'll continue to track the systemhowever
- SPY Hi Mid Lo short system is closing out - nice winner
- SPY QE BTS short: This system is not closing out, however I'm selling 1/2 to lock in gains. On the option side of things I'm exiting the 1st entry entirely, one contract from the 2nd entry, and one from the 3rd
Thank you Matt. So if
Posted by fredsaid on 26th of Jul 2022 at 03:51 pm
Thank you Matt. So if I can summarize 5/6 shorts are closing - letting 1/2 the QE BTS short ride. Longs remain long and no additional entries. Close ?
no additional entries man on
Posted by matt on 26th of Jul 2022 at 03:53 pm
no additional entries man on longs. down in here if our favored scenario is going to play out with another move up in C, then scaling in down in there probably somewhat objective, but question is do we flush a bit lower first or not.
I have to check on
Posted by matt on 26th of Jul 2022 at 03:56 pm
I have to check on the bear long that is open - it can buy a dip at high prices. My TS is frozen at the moment I'll confirm that in a bit
Matt can the ES Breakout
Posted by focus175 on 26th of Jul 2022 at 03:37 pm
Matt can the ES Breakout take a 3rd entry or would it just stop out before doing that? I thought it normally takes 3rd entries but you mentioned the other day depending on how far price falls it may stop out soon...so just curious on the rules on that one. Hope you feel better soon!
there are no 3rd entries
Posted by matt on 26th of Jul 2022 at 03:39 pm
there are no 3rd entries on that