SPY cash market opens at 9:30 am, closes at 4:00 pm - SPY QE BTS
will exit tomorrow on the open (but we exited it today as I forget
about that)
ES trades 23 hrs a day except for weekends. The closing bar for
ES is 4 pm, the next day's bar opens back at 5 pm
ES closing bar is tomorrow at 4 pm.
Also - the system holding ES is the Trend/Pullback -that one
DOES NOT exit on the next open bar, only the close - which is
tomorrow. The QE BTS for SPY exits next bar open, I think its
the only system that does that
now that the new ES
mean reversion systems
Posted by matt on 23rd of Apr 2024 at 06:18 pm
now that the new ES bar has opened for tomorrow, the Trend/Pullback ES systems is looking to exit at close of bar tomorrow
so not at the open
Posted by Glad on 23rd of Apr 2024 at 06:20 pm
so not at the open but end of day tomorrow ?
SPY and ES are different SPY
Posted by matt on 23rd of Apr 2024 at 06:31 pm
SPY and ES are different
SPY cash market opens at 9:30 am, closes at 4:00 pm - SPY QE BTS will exit tomorrow on the open (but we exited it today as I forget about that)
ES trades 23 hrs a day except for weekends. The closing bar for ES is 4 pm, the next day's bar opens back at 5 pm
ES closing bar is tomorrow at 4 pm.
Also - the system holding ES is the Trend/Pullback -that one DOES NOT exit on the next open bar, only the close - which is tomorrow. The QE BTS for SPY exits next bar open, I think its the only system that does that
I love playing these systems
Posted by steverobin on 23rd of Apr 2024 at 06:43 pm
I love playing these systems with deep in the money SPY options. I felt the heat but held on and exited with a nice profit.