bjfeen
24 posts
msg #109558
- Ignore bjfeen |
12/21/2012 10:08:14 AM
Buy signal on GBX triggered... OUCH!
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sohailmithani
192 posts
msg #109576
- Ignore sohailmithani |
12/21/2012 11:19:19 AM
what now for HLF?
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dcsnowden
52 posts
msg #109578
- Ignore dcsnowden |
12/21/2012 2:57:40 PM
Well,.... I guess we need days like these to get those buying opportunities.... so let's see how the system plays out. The rubber band is supposed to spring back. Just hope that blade doesn't slice too deep.
......DCS
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BarTune1
441 posts
msg #109590
- Ignore BarTune1 |
12/22/2012 11:11:50 AM
FYI .............. This is from a Connors email .....
The following securities are the most oversold according to ConnorRSI as of Friday’s close. This Watchlist was created using the TradingMarkets Screener.
Top 5 Oversold Stocks
Name Symbol ConnorsRSI Price
Herbalife Ltd HLF 0.28 $27.27
Golden Star Resources Ltd GSS 3.30 $1.52
Paychex PAYX 3.40 $31.40
Vonage Holdings VG 4.46 2.32
Yum! Brands YUM 4.55 $63.88
Top 5 Oversold ETFs
Daily Inverse VIX ST ETN Velocit XIV 10.87 $17.21
Mexico Investable Mkt Idx MSCI I EWW 11.08 $69.59
SPDR S&P Retail XRT 11.88 $62.28
Emrg Mkts ETF MSCI Vanguard VWO 13.43 $43.42
India Earnings Widsomtree EPI 14.41 $18.92
Top 5 Oversold Leveraged ETFs
Ultra QQQ Proshares QLD 20.26 $55.18
Ultrashort 20+ Year Treasury Pro TBT 24.61 $62.68
Ultra S&P 500 Proshares SSO 26.77 $60.72
Ultrapro S&P 500 Proshares UPRO 27.08 $89.04
Ultra DJ-UBS Crude Oil Proshares UCO 27.36 $27.63
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wkloss
231 posts
msg #109700
- Ignore wkloss |
12/29/2012 5:27:20 PM
Is anyone trading this either real time or papertrading and if so, is it working like it backtested?
Is my question a fair question to ask due the effects of political uncertainty on the markets recently?
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Kevin_in_GA
4,599 posts
msg #109701
- Ignore Kevin_in_GA |
12/29/2012 6:12:22 PM
I am paper trading this now but only started about two weeks ago, so it is hard to say given the recent turmoil around the fiscal cliff. I am using the specific settings chosen by the WFA for December (two 4% pullbacks, ADX(5) above 55, with exit at Williams %R(2) above -45).
I have shown this to a small group of investor friends who want to form a LLC specifically to trade this system. Truth is I think they are willing to invest in ME as much as any specific system as long as their exposure is not too great. I have advised them to watch how it trades going forward for the next six months, and if it is showing promise (and by that I mean keeping roughly in line with prior MC average performance and win percentage) I will set up the LLC and trade this on their behalf.
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BarTune1
441 posts
msg #109702
- Ignore BarTune1 |
12/29/2012 9:45:38 PM
I have made a few trades ... a few winners and a few losers ... I exited all my trading positions (except for an XIV position in a registerd account) before Christmas to take a rest and clean up year-end matters for tax purposes ...
I don't think the last couple weeks are representative of a normal market given holidays, the fiscal cliff uncertainty and year end positioning by institutional investors.
I'm looking to start fresh come Jan 2 and will include this system in my plays ... I'll certainly know better how well it operates in a couple months. It may take some time because I don't automate my entries - it doesn't trigger all that often - and I'm travelling lots.
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wkloss
231 posts
msg #109703
- Ignore wkloss |
12/29/2012 10:37:42 PM
Thanks to both of you.
Bill
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riverrun83716
15 posts
msg #109705
- Ignore riverrun83716 |
12/30/2012 9:23:03 AM
Kevin great work on this. How often do you update your WFA settings and will you be posting them in here when you do? Please do as I think this is a good system.
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tennisplayer2
210 posts
msg #109747
- Ignore tennisplayer2 |
1/1/2013 10:16:28 AM
Kevin, I have never used SS, but I am thinking about it. I am wondering how SS works and how easy is it to learn. If you enter a formula, does it automatically check the different variables? For example, the ADX (5) above 40 was your original formula, does it scan for the best ADX (5) for the WFA or do you have to set it with some code (to get that December, the best ADX (5) was ADX (5) above 55)? What about the exit, originally it was exit when RSI >50 at the open the next day and for your WFA, it is based on Williams %? Thank you so much for all your help and Happy New Year.
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