Aug 1, 2016

Holly Morning Huddle: Short Side, ‘Topping’, Leads 8 Algos

Written by Katie Gomez

Good morning.

Today I am prepared for the market open with 8 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 8 strategies selected today 6 are Long, bullish in outlook. 2 are Short, bearish in outlook. Ready for anything. The short strategy, ‘Topping Formation’, in the list below has the highest Win %s based on optimized, backtested scenarios. 
Here are the algos:

No. Win % Strategy L/S
1 52.7 Alpha Predator Long
2 61.9 Bon Shorty Short
3 66.2 Bullish Pullback Long
4 60.2 Mighty Mouse Long
5 60.6 On Support Long
6 61.1 Quarterback Long
7 59.3 Tailwind Long
8 75.0 Topping Formation 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,
Investment Discovery Engineer, Virtual Analyst
Trade Ideas LLC
Actionable Market Intelligence