The call is to switch long if the eem closes below 37.94.
I will trade emerging markets at 1.5x.
I am going to use the 3:50 price...(i.e. the close of the 3:49 one minute bar) to use as the "trading" closing price. IF the price at 3:50ET is below 37.94 I will switch long.
Using the closing price will also work....a few days, possibly 15 per year, would result in a different call.
Subscribe to:
Post Comments (Atom)
si if I waited till the close I would still use the same condition for today?
ReplyDeletelooks like based on 3:50 it would be stay short (hi = 37.98, lo = 37.95)
ReplyDeleteyes i am going short but closing price may indicate long ...one could also go to cash. but it will be better to chose one method and stick with it to be consistent.
ReplyDeletei also ended up staying short but looks like close says long
ReplyDelete