Keep sharing the system.
Lets save 10,000's more traders.
You can see how well it works.
Even just knowing that whenever the s&p breaks above the 50 sma there's a winning long trade like on Oct 3.
Breaks below there's is a winning short trade like Oct 6th.
Ridiculously Easy!
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So once it crosses you are buying SPY or SPX options for 3 days out correct?
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What about the crosses on Sep 28 and Sep 29? Is your trigger on the crossover no matter what or do you have something else that gets you into the trade?
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Just like any other indicator, or trading rules, that you follow, nothing is 100% guaranteed. If you get the signal, and go short, but it reverses and you lose what your R/R plan allowed, you cut it. Wait for the next signal.
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Thank you for the system. What about when the price barely stays over the SMA 50 and comes right back down; like what happened during 28/29 Sep?
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