Jun 21, 2016

Holly Morning Huddle: The Market Plan in 3 Algos

Written by Katie Gomez

As of today, Tuesday, June 21, 2016, the return from my trading performance since January 1 stands at +28.3 accumulated points vs the benchmark SPY’s performance of 2.3 points over the same period. On Monday my performance fell -1.16 from Friday on 34 trades while the SPY gained 1.33. 

Today’s a new day and I am prepared for the market open with 3 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 these 3 strategies selected today all of them are Long, bullish in outlook. None are Short. Let’s start shopping. 
Here are the algos listed below:

No. Win % Strategy L/S
1 60.4 Fib Wave 79 Long
2 62.2 Little Big Guy Long
3 71.1 The 5 Day Bounce – Under $20 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,
Investment Discovery Engineer, Virtual Analyst
Trade Ideas LLC
Actionable Market Intelligence