We stopped out on our Long S&P Trade entered on 10/24/19 at 3009.00 at 3212.50 on 2/25/20. I'm looking for the market to find support and establish a new range before we take a position.
Our short position in the Japanese Yen continues to trend. Stops are moving down to 9323.
A nice profitable LONG short term set of scalps now accomplished, it's time to start shorting the bitch. End of the day with a daily range of nasty events and a growing instability for commerce, international relations, migration and future trade deals it's very simple to my eyes that we will be falling off further until we see some monster changes. Best...
This simple algorithm uses Exponential Moving Averages of the S&P 500's Relative Strength Index to trigger buy/sell and short/cover signals on a daily chart. I've backtested the algorithm for SPY (1994-present), SPX (1981-present), SPX500 (1971-present), and it beats the S&P 500 in every occasion. The algorithm cannot correctly time every single crash or...