SPDR S&P 500 (SPY)

[USDollar]

you're sabotaging yourself

According to you spy above de9 should prevent you holding puts.
But you ignore your own system, basically ignoring yourself, and you do hold puts. (going into "why" can get deep)

Then you see the trade (obviously) turning bad, and what do you do? You go around and look for a justification (i.e. "monthly 9 being bellow mid BB")

You don't do that kind of thing man, you just don't.

EACH SINGLE FRACTAL has a life of its own.
If you think monthly signals down, then you go puts when daily is down (under 9). If daily is above 9 then just go cash (if not outright long in this market).

Of all daily holds the most power. Then you have the weekly and monthly both used by professionals (see window dressing schemes).

Daily and bellow is for us, the retail, while it's good to look above to weekly and monthly to see what the fat guys are up to.

Daily shall be your boss that tells you what to do, when to eat, when to pee, when to sleep etc
The hourly is the assistant manager, YOUR manager as well, but often is override by the Boss.

Now you and the boss need to speak a common language otherwise you get punished. You found one and it's called de9. Just go with it man. Don't look to other Bosses, be loyal to yours. If you find another language that you can master, say de27, then by all means use it and remain loyal to it as well.

You have an edge, use your edge.
Life on your alley will be rosier.

It's not necessary to overcomplicate your trading.

GL