Matt, I hold a full position on the SPY Stoch Rev trade. Please
advise on the exit if different from the other subsystem. You said
it could last for days if successful.
secondly - it's outside of the system so now it becomes a
subjective trade, no more system. Best to use your standard tech
analysis now. We post 15, 30, 60 min charts, use those as reference
guides, and of course major trendlines and MA's and support levels
as guides
Thanks, Matt! I covered a half of that SPY put position just now
near the trendline support. I will restore this position after a
bounce today into the close.
that TICK levels chart is useful - I like those a bit more than
the other ES levels because the past levels don't change, well
makes it easier for me to manage as I'm not having to move the
lines a few points here and there, and only add new lines as new
ones show up.
as I showed, ES was in an air pocket - with no TICK level
support until at least 3972 - now price is melting into that thin
zone
Matt, I hold a full
Systems Alert - SPY Stoch Rev is closing out today at the close
Posted by junkie on 25th of Jan 2023 at 09:47 am
Matt, I hold a full position on the SPY Stoch Rev trade. Please advise on the exit if different from the other subsystem. You said it could last for days if successful.
First off GREAT JOB! pat
Posted by matt on 25th of Jan 2023 at 09:50 am
First off GREAT JOB! pat yourself on the back
secondly - it's outside of the system so now it becomes a subjective trade, no more system. Best to use your standard tech analysis now. We post 15, 30, 60 min charts, use those as reference guides, and of course major trendlines and MA's and support levels as guides
Thanks, Matt! I covered a
Posted by junkie on 25th of Jan 2023 at 09:54 am
Thanks, Matt! I covered a half of that SPY put position just now near the trendline support. I will restore this position after a bounce today into the close.
that TICK levels chart is
Posted by matt on 25th of Jan 2023 at 09:56 am
that TICK levels chart is useful - I like those a bit more than the other ES levels because the past levels don't change, well makes it easier for me to manage as I'm not having to move the lines a few points here and there, and only add new lines as new ones show up.
as I showed, ES was in an air pocket - with no TICK level support until at least 3972 - now price is melting into that thin zone
I cannot watch ticks, as
Posted by junkie on 25th of Jan 2023 at 09:59 am
I cannot watch ticks, as I am at work. I can watch the price. That is why you, Matt, and Steve are my eyes and ears during the day!