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The Strap ended up going long on ES. wanted to wait for the ES bar to close in order to confirm.
ES will reopen at 6 pm
other systems that could trigger would be the QE Swing 3 on ES - shows a possible entry but tomorrow 5 pm is a long way off
The QE swing 3 is one of the standard pullback systems. The ones that all closed out yesterday (QE MOMO etc) are all shallow pullback type systems
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The Strap ended up going
Mean reversion systems SPY and ES
Posted by matt on 15th of Aug 2023 at 05:18 pm
The Strap ended up going long on ES. wanted to wait for the ES bar to close in order to confirm.
ES will reopen at 6 pm
other systems that could trigger
Posted by matt on 15th of Aug 2023 at 06:02 pm
other systems that could trigger would be the QE Swing 3 on ES - shows a possible entry but tomorrow 5 pm is a long way off
The QE swing 3 is one of the standard pullback systems. The ones that all closed out yesterday (QE MOMO etc) are all shallow pullback type systems