Finally the system comes back to trading.
Entry SHORT VXX at today’s markets open at 9.30 AM EST.
Stop Loss = 20% from the entry price.
Take Profit = None.
If at the close VXX is 5% above today’s VXX opening price leave 50% of equity invested untill tomorrow open at 9.30 AM EST, otherwise close everything out at today’s close (4.00 PM EST).