Thursday, December 31, 2009

For informational purposes only

 

SPY Hourly 

 
 SDS Hourly




TZA Hourly flips to BUY on Hourly close above 9.50


4 comments:

Allan said...

Discussion

You can see from the above charts that this algorithm works across many tradables. What isn't illustrated is the fact that it also works for other time frames, specifically, an End-of-Day Model that has generated significant returns for 2009.

It occurs to me that for most traders, a triple digit return on an End-of-Day Model is ideal, no fuss, no muss, just a single last hour, Into the close threshold to Buy_Sell_Hold positions.

Also, during more normal trading conditions, i.e. non-holiday doldrums, the Hourly model looks robust and profitable for nimble traders.

Find something that works, then trade it.

Mike said...

"It occurs to me that for most traders, a triple digit return on an End-of-Day Model is ideal, no fuss, no muss, just a single last hour, Into the close threshold to Buy_Sell_Hold positions."

Allan,

With this end-of-day model....generally speaking....when would one be doing the actual execution of the trade?

An actual into the close execution?

Like 3:30 - 4:00 eastern?

And if so...is this to capitalize on being in prior to morning gaps?

-Mike

Tazman said...

Allan,

Long time reader....If you go with your system...I am in.

Long TZA @ 9.37

First post...I am in Tampa.

Tazman said...

Allan,

One last thing...my wife is a programmer for a 200....If you need some advice on real time alerts...she would do it...

Not trying a sell here.

Also long SNSS @ 1.09