Trading System Statistics

It is the end of the quarter and time to summarize the outcome of the trades my trading system has produced this quarter, did it make profit? how many trades? all and more in the table below.  Since it is the first time I am publishing it I added the statistics for the last quarter of 2012 too. Continue reading

Easter up or Cyprus down

The S&P has been moving mainly sideways since the 3/15 fainting to the down side and to the up side without making a clear decision. If spx does not break up it may be possible a double or triple top is forming (see chart below).  On the one hand the days before Easter are usually going up with a low volume, but on the other hand tomorrow the banks finally open in Cyprus and it remains to be seen if the markets are going to be negatively influenced by it.

The system indicates a short opportunity if spy 120 min  closes below 154.76. If we start by going up tomorrow then the short opportunity will probably be negated, I will update accordingly.

Battle Plan for the 3/28/2013

Double or triple top may be forming

Double or triple top may be forming

The chart above speaks for itself, just notice I am talking about the 120 min and not the usual hourly signal

I would love to hear what you think about where the market is headed, you can comment either on Facebook or on this post.

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A Morning Short Squeeze

Looks like this morning we had us a classic short squeeze that got me stopped out with a loss, just to turn around and come tumbling down afterwards. Surprisingly enough it did not trigger the 120 min stop signal, which although I am not currently publishing I still keep an I on. The 120 min strategy is proving to be more profitable in the last 180 days, so I am considering publishing it too, I hope to provide more details, and statistics in the weekend post.

In the meantime it looks like we have another leg down tomorrow or the day after, but I’ll just have to wait until the system gives another signal.

Battle Plan for the 3/26/2013 

Wait and see

I would love to hear what you think about where the market is headed, you can comment either on Facebook or on this post.

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