the system is switching back to long for tomorrow.
Will go to .75x and trade rut.
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About Me
- Forecaster
- I originally developed this stock market timing system to trade leveraged mutual funds within a retirement account. It appeared that traditional "buy and hold" strategies would not generate the returns I desired in the time frame I needed. I wanted a mechanical trading system that took the emotion out of making decisions about the future moves of the markets. This system gives a "end of day" call for the next days market direction. On some days it requires some input from the trader as the signal may be dependent on the closing price of a particular index. It can be traded using etf's or mutual funds. This blog is for entertainment purposes and to track the development of this system. It is not intended to be used as advice. Use at your own risk!
Congrats on being Short for Wed,..good call. I agree with your call for Long for Thurs as well.
ReplyDeleteI have Thurs 06-04 as my next 3 week cycle date, and am expecting it to be a turn UP from Low. So I am expecting a higher close on Thurs, ..and will have partial Longs as of the close today (Wed).
Regards, Jim P.
Hi Jim, I am not too confident about tomorrow, that is why the .75x...we shall see.
ReplyDeleteForecaster,
ReplyDeleteIm new. Just wana say thanks for the work you do.
Appreciated! Keep it coming.
JP
Thanks, If you have any comments or questions feel free.
ReplyDelete