As of today, Friday, July 1, 2016, we’re halfway through the year and the return from my trading performance since January 1 stands at +34.5 accumulated points vs the benchmark SPY’s performance of +4.0 points over the same period. On Thursday my performance gained +1.4 from Wednesday on 40 trades while the SPY jumped +2.8.
Today’s a new day and I am prepared for the market open with 7 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 7 strategies selected today 2 are Long, bullish in outlook. 5 are Short, bearish in outlook. Ready for anything, but especially for short opportunities. The long strategy, ‘Tailwind’, in the list below has the highest Win %s based on optimized, backtested scenarios.
Here are the algos:
||Knocking on Resistance
||Power Hour Long
||Power Hour Short
||Putting on the Breaks
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!
Investment Discovery Engineer, Virtual Analyst
Trade Ideas LLC
Actionable Market Intelligence