Trade Ideas Blog

Holly Morning Huddle: The Market Plan in 5 Algos

Jun 6, 2016

As of today, Monday, June 6, 2016, the return from my trading performance since January 1 stands at +32.0 accumulated points vs the benchmark SPY’s performance of 4.8 points over the same period. On Friday my performance decreased from Thursday down -0.08 on 21 trades while the SPY dropped -0.63.

Today’s a new day and I am prepared for the market open with 5 themes/strategies I determined overnight will best match what the market throws at us. I may or may not use all these intraday strategies depending on whether or not all the criteria for each are satisfied.
Of the 5 strategies selected today all 5 are Long strategies, bullish in outlook. None are Short strategies, bearish in outlook. Ready for anything, especially prepared for the Long side.

Here’s the regime of algos listed below:

No. Strategy Win % L/S
1 Beacon 63.2 Long
2 Come Back to Me 59.9 Long
3 Fib Wave 79 71.7 Long
4 Support is that you – Over $20 71.1 Long
5 Support is that you – Under $20 61.5 Long
For information on the specific algorithms chosen and to follow my trading activity in the A.I. Channel, download the latest release of Trade Ideas Pro. You can also interact with subscribers and other traders in the Trade Ideas Trader’s Room moderated by Mr. Barrie Einarson, live during market hours.
Have a great morning. See you in the markets!
Best regards,
Holly
Investment Discovery Engineer, Virtual Analyst
Trade Ideas LLC
Actionable Market Intelligence