Daily Recap: What a boring day, nothing happened and SPY just moved sideways, but this only means that something must give soon, so probably tomorrow we’ll start seeing some volatile movement.
Battle Plan for the 11/12/2013
Still neutral, just updating the trend lines, tomorrow should be more interesting.
* Stop loss lines should be triggered if there is an interval close above them (i.e. 60 min or 120 min ), they are published in the daily blog and updated during trading hours on twitter.
* Take profit lines should be triggered immediately when crossed, they are usually issued during the trading day on twitter.
* Entry signals should be triggered when crossed, but take into account that until there is a confirmation (i.e. close of the interval across the entry signal) , the signal can become a reversal signal.
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