First, the Hourly and Daily trading charts of TZA:
Hourly on a fresh BUY
Daily holding SHORT from early December
Note that a close today above 10.05 would be a fresh BUY
Now a few examples of how this trading system looks across other tradables, specifically, Crude Oil, including a Crude Oil ETF that trades options:
UCO: The investment will seek to replicate, net of expenses, twice the daily performance of the Dow Jones UBS Crude Oil Sub-Index. The fund normally invests assets in financial instruments with economic characteristics twice the return of the index. It may employ leveraged investment techniques in seeking its investment objective.
Allan's Trading Notes
We have developed (or stumbled upon) an excellent trend following algorithm that appears to be very profitable across a wide cross-section of tradables. I am focusing on the most active, liquid and volatile leveraged ETF's for my trading. Similarly, almost all of these have options available should the average winning trade percentage be high enough to suggest trading the signal with options.
The pattern emerging across this universe of ETF's is that for every two trades, one is a whipsaw for a modest percentage loss and one is a solid trend trade for a sizable percentage gain.
It is evident from your comments, questions and emails that these charts and the embedded trading system are something unique to my hardware and software set-ups and that most of you are unable to replicate this on your own. I am seriously considering disseminating these signals on a real time basis....it's that good! If there is enough interest I can do this for a nominal monthly fee that would pale in comparison to the rewards inherent in trading even a single ETF along the lines of the above annotated signals. You folks will have to do the math on our own, its not brain surgery. My only hesitation is my time commitment, each day, every day, all day. Ergo the small fee.
Which brings me to this: If anyone knows how to write an iPhone App or Twitter automated mail mailing (or"twitting" if you will), send me private email: firstname.lastname@example.org