The Sell trigger of 12.04 shown on the previous chart was penetrated decisively, causing the model to flip SHORT.
A
8 comments:
Anonymous
said...
Allan, you system has been whipsawed today...
That could be the case for many excellent setup normally works but not anymore now...i will take that as a sign that we may finally turned the corner. by that, i mean market is going down finally...
The trades to date, all four of them, are typical of a choppy whipsaw period. These always, always, end up yielding to an excellent trending period with stellar gains. It's the nature of this kind of trading system. Reserve judgment, you will be pleasantly surprised.
8 comments:
Allan, you system has been whipsawed today...
That could be the case for many excellent setup normally works but not anymore now...i will take that as a sign that we may finally turned the corner. by that, i mean market is going down finally...
did it go long at 12.20 and exit/short at 11.91 ???
Thanks, Allan. Good to have your confirmation.
The trades to date, all four of them, are typical of a choppy whipsaw period. These always, always, end up yielding to an excellent trending period with stellar gains. It's the nature of this kind of trading system. Reserve judgment, you will be pleasantly surprised.
allan
at what point will you be shorting the market
when the market trend turns down
Allan,
You have email we may contact you with if we have trade ideas/enhancements for system?
Your ideas are much appreciated.
I realize your a busy hedge fund guy etc. so wouldn't be offended if you thought this prospect would create 'too much information'.
Thanks
Lucky
Lucky,
Feel free to post you ideas in these comments or if you prefer, email me at apharris@mac.com.
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