symmetry? no no, symmetry is intra bar - I was referring to STS
levels on KISS charts. Again, regarding those I discussed in a
video - kind of depends how you want to react to those: One method
I like is stopping out at the STS and if price happens to close
back above it that same day, I just buy back. Others may elect to
wait for a closing basis - which cuts out a lot of whipsaws, but it
also doesn't protect you against the gut wrenching sell off days
where the STS would have been hit 20 points lower from the open but
price loses down 150 and it was better to just exit at the STS -
again whatever floats your boat
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Hey Matt, the 214 is
SPX 120 min symmetry
Posted by shellson2 on 15th of Dec 2022 at 01:56 pm
Hey Matt, the 214 is in a closing basis? Thank you
symmetry? no no, symmetry is
Posted by matt on 15th of Dec 2022 at 01:59 pm
symmetry? no no, symmetry is intra bar - I was referring to STS levels on KISS charts. Again, regarding those I discussed in a video - kind of depends how you want to react to those: One method I like is stopping out at the STS and if price happens to close back above it that same day, I just buy back. Others may elect to wait for a closing basis - which cuts out a lot of whipsaws, but it also doesn't protect you against the gut wrenching sell off days where the STS would have been hit 20 points lower from the open but price loses down 150 and it was better to just exit at the STS - again whatever floats your boat