XLE new short

[roberto.giusto]

Yesterday the system changed from buy to short for XLE.

If I am "reading" well, the oil futures, USO and SCO are giving mixed signals, while the single energy sectors would seem to be actually experiencing a pullback, but I wonder if it's going to be short lived and if shorting here is advisable.

I also know that if a system is automatic, one should just follow "as is", and I only have a trial position right now, even so I would like to hear some thoughts if possible from more experienced traders.

I also have a little suggestion for the future implementation of the XLX automatic trading: it would help to know if and where the system places its initial stops, in order to calculate the correct risk allocation.

Thanks to everyone and Pascal above all, as I know he is working very hard these days for a service that it's becoming more and more impressive.


Roberto