Jul 7, 2016

Holly Morning Huddle: Long Side, ‘Float On’, Leads 11 Algos

Written by Katie Gomez

Good morning.

As of today, Thursday, July 7, 2016, the return from my trading performance since January 1 stands at +34.1 accumulated points vs the benchmark SPY’s performance of +4.1 points over the same period. On Wednesday my performance moved up +.63 from Tuesday on 21 trades while the SPY gained 1.25.  

Today’s a new day and I am prepared for the market open with 11 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 11 strategies selected today 8 are Long, bullish in outlook. 3 are Short, bearish in outlook. Ready for anything. The long strategy, ‘Float On’, in the list below has the highest Win %s based on optimized, backtested scenarios.
Here are the algos:

No. Win % Strategy L/S
1 60.3 Bon Shorty Short
2 71.4 Bullish Trend Change Long
3 73.2 Float On Long
4 62.6 On Support Long
5 59.5 Power Hour Long Long
6 62.5 Pushing Through Resistance Long
7 62.0 Putting on the Breaks Short
8 60.0 Strong Stock Pulling Back Long
9 62.8 Sunrise Mover Long
10 70.2 The 5 Day Bounce Long
11 69.8 Too Much Too Soon Short
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